Category: Blog
OFAC Issues Revised GL 13P
Under Executive Order 14024, Directive 4, the Director of the Office of Foreign Assets Control (OFAC) and the Department of State have made the official decision to prohibit transactions that involve: The Central Bank of the Russian Federation The National Wealth Fund of the Russian Federation The Ministry of Finance...
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To Deport or Not Deport?: The Tale of an Extradited Suspect
Federal prosecutors and FBI investigators are becoming increasingly frustrated with the Trump administration’s attempts to deport one of their primary suspects in a massive smuggling case. According to reports, the FBI has been investigating the Belarusian suspect, Yana Leonova, for years after she allegedly funneled around $2 million in sensitive...
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Nigerian Arrested for Online Sextortion and Romance Scams
Olamide Shanu, a 34-year-old Nigerian native, was recently extradited from the United Kingdom to the United States after being accused of committing sextortion and various romance scams on American citizens. Shanu is facing a host of charges, including wire fraud conspiracy, aggravated identity theft, conspiracy to commit extortion, money laundering...
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Former FIFA Vice President Avoids Extradition to US
Jack Warner, the former vice president of FIFA, has faced pending U.S. corruption charges for over a decade as a result of his participation in a bribery scandal involving the famous international football governing body. Just recently, the United States' extradition request was denied by Trinidad and Tobago’s high court....
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Biggest Sanction Package Ever Against Houthi Network
The United States Department of the Treasury often utilizes sanctions to protect the country’s interests and to prevent its enemies from getting financial support or military aid. Just recently, the department committed to one of the largest sanction packages ever launched. In this recent package, 32 individuals and four shipping...
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El Mayo Pleads Guilty to International Drug Trafficking
Ismael “El Mayo” Zambada, a longtime partner of the infamous “El Chapo” Guzman, has entered into a guilty plea in Brooklyn after being accused of running and organizing a violent international drug trafficking operation. According to reports, El Chapo and El Mayo were the two primary individuals responsible for turning...
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DEA Uncovers Vast Drug Trafficking Network Connected to Turkey
In a major accomplishment, U.S. law enforcement agencies have successfully uncovered a vast methamphetamine network spanning multiple continents. The operation has identified at least one major Turkish national as a key player in organizing the international drug trafficking scheme. The operation also revealed that Turkey has become a key hub...
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New Round of OFAC Sanctions Target Iran
Considering the increasing tension between Iran, Israel, America, and the rest of the world, it makes sense that the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) decided to issue a new round of sanctions to weaken Iran. These latest sanctions specifically target Iran’s shadow banking network...
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India to Extradite Founder of Garantex to US
The Central Bureau of Investigation (CBI) has apprehended Aleksej Besciokov in India under the suspicion of operating Garantex, a cryptocurrency exchange that’s been accused of money laundering. Besciokov is being held and is expected to be extradited to the U.S. to face charges. According to reports, Besciokov was vacationing with...
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OFAC Sanctions 3 Individuals and 2 Entities for Smuggling Fuel
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) just made major moves against a Mexican cartel accused of transporting fentanyl into the country and stealing fuel. The OFAC sanctioned two Mexican entities and three Mexican nationals that it believes play a role in the drug...
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