money laundering
Antwerp's Shadow Diamond Trade: How Stolen Treasures Like the Louvre Jewels Disappear in Europe's Jewelry Underworld
Nov 13, 2025 08:55 am CST
Explore how Antwerp, Belgium's historic diamond capital, harbors a sophisticated underground market where stolen luxury jewels can vanish without a trace. As French authorities search for the missing $102 million Louvre treasures, this investigation reveals the intricate network of Georgian jewelry dealers, police surveillance challenges, and money laundering operations that make Antwerp a critical hub in Europe's illicit jewelry trade.
Inside Antwerp's Jewelry Underworld: Tracking the $102 Million Louvre Heist
Nov 13, 2025 12:24 am CST
This in-depth investigation examines how Antwerp's historic diamond district has become a potential destination for high-value stolen goods, including possibly the $102 million Louvre jewelry heist. The article reveals how Belgian police mobilized through Europol's "Pink Diamond" network while exploring the complex relationship between legitimate diamond traders and the Georgian-run jewelry shops allegedly involved in "fencing" stolen valuables across Europe.
Actor Prakash Raj Testifies in Telangana's Betting Apps Investigation: Claims Unintentional Promotion
Nov 13, 2025 12:23 am CST
Actor Prakash Raj appeared before Telangana's Special Investigation Team regarding online betting app promotions, claiming he unknowingly promoted what he thought was a gaming app in 2016. The investigation has summoned 29 celebrities including Vijay Deverakonda under the Prevention of Money Laundering Act, following arrests of illegal betting organizers across multiple states.
Chinese 'Cryptoqueen' Sentenced to 11 Years in UK for $6.6 Billion Bitcoin Fraud Scheme
Nov 12, 2025 05:16 pm CST
Zhimin Qian, dubbed the "cryptoqueen," has been sentenced to over 11 years in prison by a UK court for orchestrating a massive $6.6 billion Bitcoin fraud that affected more than 128,000 victims in China. This case involved the UK's largest cryptocurrency seizure of 61,000 Bitcoin as Qian lived extravagantly across Europe before her April 2024 arrest.
Chinese "Goddess of Wealth" Facing 14-Year Prison Sentence Over Historic $6 Billion Bitcoin Fraud Case
Nov 10, 2025 12:45 pm CST
Chinese businesswoman Zhimin Qian, nicknamed the "goddess of wealth," faces up to 14 years in prison after UK authorities seized over $6 billion in Bitcoin tied to a massive fraud scheme that victimized 128,000 people. After fleeing China in 2018, she attempted to launder proceeds through luxury property purchases before her arrest in 2024, marking the largest cryptocurrency seizure in history.
UP Anti-Terrorism Squad Arrests Man For Money Laundering And Harboring Illegal Migrants
Nov 09, 2025 01:56 pm CST
The Uttar Pradesh ATS has arrested Farhan Nabi Siddiqui in Greater Noida for spreading religious discord, laundering Rs 11 crore through hawala networks, and sheltering illegal migrants. Operating through three companies, Siddiqui published controversial religious content and used laundered funds to purchase land for religious institutions across Uttar Pradesh and Punjab.
Gujarat Man Arrested in Rs 10 Crore Cross-Border Cryptocurrency Fraud Operation Linked to Pakistan
Nov 09, 2025 02:15 am CST
A Surat resident has been arrested for facilitating the transfer of Rs 10 crore to a Pakistan-based cryptocurrency wallet, exposing a sophisticated cybercrime network. The operation involved converting funds to USDT cryptocurrency through multiple mule accounts, with connections to over 386 fraud cases across India. Gujarat's CID-Crime investigation revealed a complex money trail spanning seven layers of transactions with links to international criminal networks.
ED Attaches Rs 21 Crore Assets of Karnataka Congress MLA in Illegal Iron Ore Export Case
Nov 09, 2025 01:49 am CST
The Enforcement Directorate has provisionally attached Rs 21 crore worth of properties belonging to Karnataka Congress MLA Satish Krishna Sail in connection with a money laundering investigation related to illegal iron ore exports to China. The investigation revealed complex transaction layers through shell companies, with seized assets estimated at Rs 64 crore in current market value.
ED Attaches Rs 67 Crore Properties Linked to Banned PFI and SDPI in Money Laundering Investigation
Nov 08, 2025 07:46 pm CST
The Enforcement Directorate has provisionally attached eight immovable properties worth Rs 67.03 crore linked to the banned Popular Front of India (PFI) and its political wing SDPI. The investigation revealed a conspiracy to raise funds domestically and internationally to finance terrorist activities aimed at establishing an "Islamic Nation of India." Total attachments in the case now amount to Rs 129 crore with 28 leaders arrested.
ED Arrests Kolkata Consultant in Rs 68 Crore Reliance Power Fake Bank Guarantee Case
Nov 07, 2025 04:32 pm CST
The Enforcement Directorate has arrested Kolkata-based consultant Amar Nath Dutta for his alleged role in a Rs 68 crore fake bank guarantee scheme connected to Anil Ambani's Reliance Power. The fraud involved spoofed email domains and forged documents that caused over Rs 100 crore in losses to Solar Energy Corporation of India.