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The Compliance Lady

Compliance News and Commentary

Category: Embezzlement

AML Embezzlement Fraud Shell Companies UAE

UAE law firm staff jailed in $50M fraud & money laundering scheme

April 7, 2022April 26, 2022The Compliance Lady

In a major fraud case involving a UAE law firm, thirteen members of a financial crime ring have been sentenced to prison…Continue readingUAE law firm staff jailed in $50M fraud & money laundering scheme

AML Auditor Embezzlement Kleptocracy Asset Recovery Malaysia Professional Enablers USA

Malaysia: Deloitte to pay $80M in settlement over 1MDB scandal

March 3, 2021March 21, 2021The Compliance Lady

Deloitte has entered into an $80M out-of court settlement with Malaysian Authorities over its role as an auditor to 1Malaysia Development Berhad…Continue readingMalaysia: Deloitte to pay $80M in settlement over 1MDB scandal

ABUSE OF POWER China Embezzlement Grand Corruption Public Funds

Death sentence for China’s Top Banker guilty of bribery: should compliance Officers take note?

January 6, 2021January 7, 2021The Compliance Lady

LinkedIn was abuzz yesterday with news of one of China’s top bankers’ sentencing to death after he was found guilty of accepting $277 million…Continue readingDeath sentence for China’s Top Banker guilty of bribery: should compliance Officers take note?

ABUSE OF POWER CEO Corruption Embezzlement Mismanagement Morocco Public Funds Transparency International

Morocco: Big Bosses in Court for Corruption and Squandering of Public Funds

December 6, 2020December 29, 2020The Compliance Lady

Former parliamentarians, ministers, directors of public establishments, and billionaires are being prosecuted for corruption, squandering of public funds or mismanagement in Morocco.…Continue readingMorocco: Big Bosses in Court for Corruption and Squandering of Public Funds