Year: 2024
UBS Acquires Credit Suisse: Auditing Accounts
The OFAC is tasked with ensuring that no one is doing business with adversaries to the United States, and they’re currently investigating UBS after they purchased Credit Suisse. Credit Suisse has a questionable and rough past. According to reports, the company completely imploded back in March of 2023. This collapse...
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UK’s Most Wanted Drug Trafficker Sentenced to 20 Years
59-year-old James “Jamie” Stevenson has been apprehended after masterminding multiple international drug trafficking schemes over the years. In his most recent scheme, the suspect is accused of attempting to plan out the international transfer of over a ton of cocaine from Ecuador to Glasgow Fruit Market in the UK. This...
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Gemini Marine and 2 Vessels Sanctioned After Aiding Houthis
Gemini Marine, a company registered in the Marshall Islands, has been accused of allegedly aiding adversaries of the US government by shipping Russian and Iranian oil to aid the Houthis. This action is considered a violation of US trust and an offense to Israel since the Houthis have been attacking...
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Cyber Hacker Extradited to US
Maksim Silnikau, also known by the name Maksym Silnikov, is a 38-year-old skilled computer hacker who allegedly has been participating in international scams designed to spread malware, exploit internet vulnerabilities, and steal important data for years. The Ukrainian and Belarusian dual national was apprehended and extradited to the United States...
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OFAC Sanctions Ships Transporting Iranian Oil to Syria
The Office of Foreign Assets Control (OFAC) is the primary government agency tasked with preventing entities from engaging with dangerous regimes, companies, and jurisdictions who don’t have America’s best interests in mind. To help ensure that US citizens aren’t conducting business with our foreign adversaries, the OFAC puts specific economic...
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Julian Assange Evades Extradition Again
Julian Assange’s extradition to the United States was all but certain, but now, the High Court has ruled that he can yet again bring a new appeal to fight off the transfer to America. According to reports, Assange was granted permission to appeal the extradition order on new grounds –...
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Former Venezuelan VP Put on ICE Most Wanted List
No one is above the law – even leaders of foreign nations, and this has never been more apparent as we’ve all seen a global increase in the prosecution of political figures. Just recently, the United States’ Immigration and Customs Enforcement (ICE) put the former vice president of Venezuela, Tareck...
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OFAC Sanctions 300 Entities and Individuals Helping Russia
Conventional warfare tactics would be devastating to the current global economy, so it makes sense that advanced nations have developed alternative ways to penalize each other. One of the top ways to cause problems for another country without actually being physically aggressive with our military is to create economic sanctions...
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US Still Seeking Extradition of Kim Dotcom
Have you ever heard of or used Megaupload? This hosting service was originally founded by Kim Dotcom and presented itself as a service where internet users could store data and share files. As you can imagine, it didn’t take long for users to realize that they could store data, like...
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State Street Hit with $7.5M OFAC Violation
The Office of Foreign Assets Control is a branch of the U.S. Department of the Treasury. It’s tasked with leveraging economic and trade sanctions based on national security goals and US foreign policy. The governmental agency uses these sanctions to help prevent threats to the US from getting financial help...
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