TodayLegal News

Verdict.News

All Topics

Money Laundering

Legal news related to Money Laundering

16 articles

Federal Circuit
•4 min read
Eleventh Circuit Court of Appeals

11th Circuit Orders Forfeiture in Panama Money Laundering Case

The U.S. Court of Appeals for the Eleventh Circuit reversed a district court's denial of a forfeiture money judgment against Nidal Ahmed Waked Hatum, who pled guilty in 2017 to conspiracy to commit money laundering involving fraudulent bank transactions in Panama.

•Eleventh Circuit reversed district court's denial of forfeiture money judgment in money laundering case
•Defendant admitted to fraudulent banking scheme between Panama and U.S. through Florida corporations
AI-generated SummaryRead Article →
Federal Circuit
•4 min read
Fifth Circuit Court of Appeals

Fifth Circuit Affirms Money Laundering Conviction in Cross-Border Drug Case

The Fifth Circuit Court of Appeals affirmed the conviction and sentencing calculation for Liza Garcia, who pleaded guilty to drug-related money laundering charges in connection with a cross-border narcotics smuggling operation. The court rejected Garcia's challenge to the district court's base offense level calculation in a per curiam decision filed January 8, 2026.

•Fifth Circuit affirmed Garcia's money laundering conviction and sentencing calculation
•Garcia recruited David Apaseo to transport narcotics from Mexico to the United States
AI-generated SummaryRead Article →
Legal News
•4 min read

Seven Sentenced in $12M Transnational Telemarketing Fraud Targeting Elderly

Seven defendants were sentenced in Brooklyn federal court for participating in a transnational telemarketing scheme that defrauded victims of more than $12 million. Many victims were elderly, and the defendants laundered fraudulent proceeds shared with international co-conspirators.

•Seven defendants sentenced by U.S. District Judge Carol Bagley Amon in Brooklyn federal court
•Scheme defrauded victims of over $12 million through transnational telemarketing operations
AI-generated SummaryRead Article →
Legal News
•4 min read

Former TD Bank Employee Pleads Guilty to Money Laundering Scheme

Wilfredo Aquino, a former New York-based TD Bank employee, pleaded guilty to facilitating a money laundering network that moved hundreds of millions of dollars through bank accounts. The case highlights significant vulnerabilities in banking compliance systems at major financial institutions.

•Former TD Bank employee Wilfredo Aquino pleaded guilty to facilitating money laundering involving hundreds of millions of dollars
•The scheme involved criminal networks using TD Bank accounts to move illicit funds through the banking system
AI-generated SummaryRead Article →
Federal Circuit
•2 min read
Sixth Circuit Court of Appeals

Sixth Circuit Affirms 121-Month Sentence in Nigerian Fraud Scheme

The U.S. Court of Appeals for the Sixth Circuit affirmed the 121-month prison sentence for Fatai Okunola, who pleaded guilty to conspiracy charges related to a Nigerian-based online fraud scheme targeting vulnerable individuals. Okunola challenged his sentence as procedurally and substantively unreasonable.

•Sixth Circuit affirmed 121-month prison sentence for Fatai Okunola's role in Nigerian-based online fraud scheme
•Okunola pleaded guilty to wire fraud conspiracy, false naturalization statements, and money laundering charges
AI-generated SummaryRead Article →
Federal Circuit
•4 min read
Eighth Circuit Court of Appeals

8th Circuit Upholds 32-Year Sentence for Iowa Drug Trafficking Case

The Eighth Circuit Court of Appeals denied relief to Stephan Rashad Haley, who was sentenced to 384 months in prison after pleading guilty to drug trafficking, fraud, and money laundering charges in two consolidated federal cases.

•Stephan Haley received 384 months (32 years) in federal prison for drug, fraud, and money laundering offenses
•The Eighth Circuit affirmed the sentence, rejecting challenges to a drug premises enhancement
AI-generated SummaryRead Article →