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Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Spanish princess accused of money laundering, tax fraud

Princess Cristina, the younger daughter of King Juan Carlos of Spain, was accused on Tuesday of money laundering and tax fraud and summoned to appear in court on March 8.

The accusations are based on a lengthy corruption investigation that has also implicated her husband, Iñaki Urdangarin, a former Olympic handball player and now businessman who is accused of fraud, tax evasion and embezzlement.… Continue Reading

JPMorgan will pay over $2 billion to settle Madoff charges

JPMorgan Chase & Co. will pay more than $2 billion of penalties to pay federal prosecutors and regulators for failing to report suspicious activity involving Bernard Madoff’s Ponzi scheme.

The $2 billion amount is the largest amount a bank has had to pay to resolve anti-money laundering violations.… Continue Reading

China Corruption Blotter (January 8, 2014)

Song Wei, former general manager of Chongqing Liangjiang Water Co Ltd, a subsidiary of state-owned Chongqing Water Group Co Ltd, was sentenced to 13 years in jail for awarding private contractors environmental projects in exchange for bribes worth $641,245.… Continue Reading

RBS pleads guilty to manipulating LIBOR, false reporting

The Department of Justice (DOJ) Commodities Futures Trading Commission (CFTC) and Financial Services Authority (FSA) in the UK settled charges on Monday with the Royal Bank of Scotland (RBS) for manipulating the Japanese Yen London Interbank Offered Rate (LIBOR) and for felony wire fraud.… Continue Reading