#alleged-illicit-financing

#alleged-illicit-financing

Dublin City Council confirmed this week it is liable for levies, potentially amounting to tens of thousands of euro, due to the continued dereliction of the Kinahan gangster's former home on Kildare Road, Crumlin.

Eight individuals were arrested and 15 charged in a scheme to defraud Medicare of over $50 million by running sham hospice facilities across Southern California. Federal officials described the actions as brazen efforts to commit fraud, with many billed patients not being terminally ill.

Investigations found that Li Xiong, the former chairman of Huione Group under the Prince Group, is suspected of multiple crimes. Li was identified as a core member of Chen Zhi's criminal gang.

Teddy Osayi was a key operative in a romance fraud scheme that resulted in one victim losing €45,000 and twelve others being scammed.

Documents published last week by the US Department of Justice reveal Epstein bankrolled the principal home and funding source for bitcoin, the world's largest cryptocurrency, during its nascent stages; he also invested $3m in Coinbase in 2014, the largest cryptocurrency exchange in the US, and cut a check that same year to Blockstream, a prominent bitcoin-focused technology firm. Both crypto startups accepted Epstein's investments in 2014 six years after his 2008 conviction in Florida for soliciting prostitution from a minor.

Hundreds of US military service members, civilians and their families have filed a lawsuit for unspecified damages against British American Tobacco (BAT), one of the world's largest tobacco companies, and a subsidiary, claiming the company spent years illicitly helping North Korea fund terrorism weapons that were used against Americans. BAT formed a joint venture in 2001 with a North Korean company to manufacture cigarettes in the country.

In April 2024, the value of all the dollar bills in circulation reached an all-time high of $2.345tn, and may well be even more than that by now. The total value of dollars in the world has doubled every decade since the 1970s. Similarly, there are 1.552tn euro notes in circulation, while most other currencies the British pound, the Japanese yen, the Swiss franc and so on are all at something like their highest levels in history.