Tag: Money laundering
Confiscated coins back into circulation
Cryptocurrencies When cryptocurrencies are related to crime, they are considered “contaminated coins”. (Photo: Reuters) Frankfurt The Public Prosecutor’s Office in Frankfurt am Main has sold cryptocurrencies worth around 100 million…
French court orders UBS to pay 1.8 billion euros
UBS European headquarters in Frankfurt Originally, the bank was supposed to pay a fine of 3.7 billion euros, plus 800 million euros for damages and interest to the French state.…
After the Wirecard scandal: Bafin is examining German payment service providers
Frankfurt The financial supervisory authority Bafin is scrutinizing several large payment service providers after the Wirecard scandal. In addition to a special audit at Unzer, the authorities have also started…
Public prosecutor interviews Credit Suisse managers
Credit Suisse branch in Zurich Bank managers have to speak up about money laundering allegations in front of law enforcement officers in Geneva. (Photo: Reuters) Zurich It was an appointment…
Only 50,000 new customers per month and a second Bafin watchdog
N26 logo For the time being, the smartphone bank may not accept more than 50,000 customers per month worldwide and a total of no more than 500 million euros in…
Private bank targeted by the judiciary because of its tax-saving model
Cramer & Cie SA private bank in Geneva The high-net-worth customers used index certificates issued by the bank. (Photo: Banque Cramer) Zurich, Cologne The Geneva-based private bank Cramer & Cie…
Geneva institute involved in tax-saving model
Cramer & Cie SA private bank in Geneva The high-net-worth customers used index certificates issued by the bank. (Photo: Banque Cramer) Zurich, Cologne The Geneva-based private bank Cramer & Cie…
Geneva institute involved in tax-saving model
Cramer & Cie SA private bank in Geneva The high-net-worth customers used index certificates issued by the bank. (Photo: Banque Cramer) Zurich, Cologne The Geneva-based private bank Cramer & Cie…
There are abysses between claim and reality
Office from N26 The Berlin smartphone bank N26 receives around 780 million euros from investors in a new financing round. (Photo: Reuters) The smartphone bank N26 has had an impressive…
“The clock for tax evaders is ticking”
Karsten Randt “The jurisprudence tends more and more to exclude a voluntary disclosure due to a so-called discovery of the crime,” says the partner of the law firm Flick Gocke…
Politicians are calling for a stronger fight against tax havens
Czech Prime Minister Andrej Babis Among other things, the name of the Czech Prime Minister should appear in the “Pandora Papers”. (Photo: AP) After the latest revelations by the “Pandora…
N26 pays a million fine for deficiencies in money laundering prevention
N26 The German insurance company Allianz, the state fund GIC from Singapore, the Chinese internet giant Tencent, Earlybird and the German-American investor Peter Thiel are among others involved in N26.…
Smartphone bank N26 loses its head of Germany
Georg Hauer From big to small fintech: N26’s Germany boss, Georg Hauer, is hired by Hawk AI, a specialist in money laundering prevention. He is a member of the management…
Suspicious stock deals of the ex-supervisory board chief Rehnig
Klaus Otto Rehnig At the end of 2018, he advertised Wirecard shares that they could double their value. (Photo: Michael Englert for Handelsblatt) Berlin, Düsseldorf, Frankfurt Even ten years after…
Scholz defends work of anti-money laundering unit FIU before investigative committee
Olaf Scholz Contrary to expectations, the Federal Minister of Finance appeared in person in Berlin. (Photo: dpa) Berlin Just a few days before the Bundestag election, the SPD Chancellor candidate…
Money laundering – CDU general goes for Scholz – domestic politics
In the middle of the final spurt of the election campaign, the Bundestag Finance Committee will meet for a special session on Monday. Trigger: The public prosecutor’s office is investigating…
The process begins in the cryptocurrency scandal
Ruja Ignatova The trial against the alleged helpers of the inventor of the Onecoin in Germany began on Friday. Ignatova went into hiding. (Photo: Paul Hampartsoumian / Shutterstock) Munster, Berlin…
Wirecard scandal: Greetings from Arabia: Will a rental transfer lead investigators to Jan Marsalek?
The authorities have been looking for the fugitive Wirecard manager for more than a year. There is now a trail leading to the United Arab Emirates. .
Public prosecutor’s office is investigating his state secretary
Osnabrück, Berlin The Osnabrück public prosecutor has initiated an investigation against the State Secretary in the Federal Ministry of Finance, Wolfgang Schmidt. The reason is the partial publication of a…
The FIU is Olaf Scholz’s weak point
Olaf Scholz The Federal Minister of Finance wants to have as little as possible to do with the FIU. (Photo: imago images / Jan Huebner) The discussion about the inadequate…