Credit Suisse was found guilty of helping a crime ring launder money related to cocaine trafficking in a Swiss court. A former employee was also convicted.
Group AG and a former employee were found guilty Monday in a Swiss federal criminal court ofThe court found Credit Suisse didn’t do enough to prevent money laundering by members of the crime ring, which
prosecutors said moved tons of cocaine into Europe and washed millions of dollars through Credit Suisse. It fined Credit Suisse around $2.1 million and ordered it to pay around $20 million to the Swiss government.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'The Umbrella Academy' Showrunner Breaks Down Season 3, From the Sparrows to That Post-Credit SceneHe also discusses having to rewrite the season, how Elliot Page's journey informed Viktor's storyline, and what that ending reveals.
Read more »
Credit card insurance could save you thousands of dollarsUnderstanding your coverage could be key to maximizing your benefits.
Read more »
Column: Padres fall to Phillies, but deserve credit for navigating grueling runDespite missing top stars and rugged run, they've kept pace with Dodgers
Read more »
Lindsey Graham praises Trump after SCOTUS overturns Roe: ‘deserves the lion’s share of credit’Sen. Lindsey Graham praised former President Donald Trump following the Supreme Court overturning Roe V. Wade, saying Trump 'deserves the lion's share of credit here.'
Read more »
A New Credit Card Arrives—With a Silicon Valley TwistThe X1, a new credit card, is designed for people who want premium perks—with or without premium credit scores. It also promises up to five times higher credit limits than the average card. (From 2021)
Read more »
Credit card debt is getting pricier. Here's how to pay if off.Look for low-interest rate products that stop your debt from growing and becoming unmanageable. onyourside creditcards debt alabamanewsnetwork
Read more »