18th August 2019
FOUNDER OF LARGE DRUGS RING RETURNED TO ISRAEL FOR PROSECUTION AFTER ESCAPING POLICE IN UKRAINE, BEING RECAPTURED AND EXTRADITED
Arutz Sheva reported on 18th August that Amos Dov Silver, a dual US-Israel citizen, had landed in Israel after a Ukrainian court approved his extradition to Israel for prosecution of drug offences, money laundering and other offences. His Telegrass organisation allegedly utilised the encrypted messaging app Telegram to sell drugs such as marijuana, ecstasy and cocaine, and had a vast network across the US, Ukraine and Germany. It had over 100,000 members, including thousands of drug dealers, and reportedly earned about $16,951 a month.
LAWMAKER SAYS IRAN CAR MANUFACTURERS MIRED IN CORRUPTION
Radio Farda on 18th August reported that Iran’s car manufacturing industry is suffering from “widespread financial corruption”, according to a member of Majles (parliament). He said that $250 million was spent for designing a new trunk for the French Peugeot 206 model, while with the same amount of money they could have run a new production line. Iranian car manufacturers are mostly directly or indirectly government-owned.
FORMER CALIFORNIA MAYOR INDICTED IN BRIBERY SCHEME
On 18th August, the Macon telegraph reported that a grand jury has indicted the former mayor of Palm Springs in a public corruption case that alleges he took $375,000 in bribes from real estate developers. Stephen Philip Pougnet could be barred for life from holding public office if he is convicted.
AUSTRALIA: AUSTRAC FLAGS TOUGH ACTION AFTER BEING ‘FLOODED’ WITH MONEY LAUNDERING BREACHES
On 18th August, the Sydney Morning Herald reported that Austrac warns it is likely to take more action against Australia’s top financial institutions after being “flooded” with reports of potential breaches following its landmark case against the Commonwealth Bank.
THAILAND: BUSINESSMAN ARRESTED OVER ALLEGED GOLD TRADE FRAUD
On 18th August, The Nation reported that Thai businessman Chanut “Dr Ae” Srisang was arrested in Bangkok for his alleged role in a private company’s alleged scam luring people to invest in gold trading that inflicted losses estimated at around $2.6 million.
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