Money Laundering Archives

Obama Received Millions in Illegal Campaign Donations, Jury Finds

A Washington D.C. jury has determined that former President Barack Obama received illegal campaign donations. On Wednesday, rapper Prakazrel “Pras” Michel, of the 1990s hip-hop group Fugees, was convicted on charges involving multi-million-dollar political conspiracies spanning two presidencies. Michel was convicted after a trial that included testimony ranging from actor…

Twitter Flooded with Calls for Katie Hobbs’ Arrest over Allegations of Cartel Links, Money Laundering, Election Rigging

Twitter users have been flooding the social media platform with calls for the arrest of Katie Hobbs, Arizona's recently installed governor, after explosive allegations emerged against the powerful Democrat. As Slay News reported, an expert witness testified during a special hearing before the Arizona Senate and House Elections Committees on…

Expert Witness Testifies Katie Hobbs Working with Mexican Cartel to Launder Money, Rig Elections, Open Border

An expert witness has given an explosive testimony before the Arizona Joint Elections Committee, exposing widespread corruption in the upper echelons of the state's government. This week, the Arizona Senate and House Elections Committees heard testimony and presentations from multiple individuals regarding election anomalies. Expert witnesses were called to present…

Democrat Boston Mayor’s Finance Director Charged with Money Laundering

The finance director for Boston's Democrat Mayor Michelle Wu has been charged with money laundering, according to reports. Freda Brasfield was arrested over an alleged prison drug smuggling scheme. Brasfield serves as the Administration and Finance Director in Mayor Wu’s office and is described as a longtime Democrat activist and…

That’s Your Money: Corruption Scandal Rocks Ukraine

After receiving billions of dollars in U.S. taxpayer money, Ukraine has just been rocked by a major corruption scandal. The Ukrainian government confirmed the resignation of multiple high-ranking officials over corruption allegations yesterday. A dozen Ukrainian officials have quit, been removed, or were arrested over allegations of bribery, mismanagement of…

FBI’s Ex-Counterintelligence Head Arrested for Money Laundering, Violating Russian Sanctions

The former head of counterintelligence for the FBI’s New York City office has been arrested on charges of money laundering and violating Russian sanctions, prosecutors have announced. U.S. Attorney Damian Williams revealed that "former high-level FBI official" Charles McGonigal has been charged with federal crimes by the Southern District of…

Judge Called On to Name & Shame FTX CEO’s Secret High-Profile $250 Million Bond Guarantors

The U.S. judge overseeing the fraud case against Sam Bankman-Fried (SBF) has come under pressure to name and shame the secret high-profile guarantors who helped front the FTX CEO and co-founder's $250 million bond. Eight major media outlets have asked the judge overseeing the case to make the names of…

FTX CEO ‘Created Secret Backdoor’ for Laundering Money, Court Hears

An attorney for bankrupt cryptocurrency exchange FTX has testified in court that former CEO Sam Bankman-Fried ordered a "secret backdoor" to be created for laundering money. FTX lawyer Andrew Dietderich told the court that Bankman-Fried instructed the company's cofounder Gary Wang to create the backdoor. The move enabled Bankman-Fried's hedge…

Top Executives Plead Guilty to Federal Fraud Charges in FTX Case

Two former top executives have pleaded guilty to federal fraud charges in the case against now-bankrupt cryptocurrency exchange FTX. Caroline Ellison, the former CEO of Alameda Research, and Gary Wang, a co-founder of FTX, have both reportedly pleaded guilty and are cooperating in the criminal fraud case. Prosecutors say the…

Elon Musk: FTX CEO Funneled ‘Over $1B’ to Democrats

Twitter boss Elon Musk has demanded to know where "the money went" after declaring that Sam Bankman-Fried, the disgraced former CEO of cryptocurrency exchange FTX, funneled "over $1B" to Democrats. If the number is accurate, Musk's allegation would mean Sam Bankman-Fried (SBF) donated significantly more than the initially reported $40…