money laundering

The husband of model-turned-fashion-designer Kimora Lee Simmons has pleaded guilty to criminal charges related to a Malaysian money laundering scandal. According to a wwd.com report: “Tim Leissner was chairman of Goldman Sachs’ Southeast Asia business, but he resigned in 2016 and was subsequently subpoenaed by the U.S. Justice Department as part of a probe into the disappearance of billions of […]

PHOENIX (AP) — The classified advertising site Backpage.com ignored warnings to stop running advertisements promoting prostitution, sometimes involving children, because the lucrative enterprise brought in half a billion dollars, according to an indictment unsealed Monday. The charges against Backpage.com founders Michael Lacey and James Larkin, along with five others, accused them of publishing some ads […]

Houston mega church pastor Kirbyjon Caldwell has been indicted by federal prosecutors on charges of wire fraud and money laundering. He’s accused of taking millions of dollars from the elderly and weak investors. ABC 13 News reports, bonds from the Chinese government were sold back in the 40’s when they had worth. However, by the year 2013 […]

Snoop Dogg has found himself in trouble once again with European authorities. The West Coast rapper was travelling with over $400,000 in cash when the Italian…

Snoop Dogg has found himself in trouble once again with European authorities. The West Coast rapper was travelling with over $400,000 in cash when the Italian…