July 21, 2018

international intrigue!

Deloitte Managed to Get Entangled in a Big International Money Laundering Scheme (Allegedly!)

Reuters reports that a banking unit within Standard Chartered Bank hid more than $250 billion of transactions "by scheming with Iran" that is in violation of U.S. anti-mony laundering laws. Of course, this multitude of transactions couldn't simply have two conspirators, and the order issued by New York's Department of Financial Services fingers Deloitte: [Standard […]