Skip to content


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

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

UK fines real estate agents for AML lapses

The Office of Fair Trading (OFT) fined three real-estate agents a total of £246,665 ($408,000) for “significant and widespread” anti-money laundering lapses last week.

Hastings International UK Limited based in South London was assessed a £47,966 ($80,000) fine, Jackson Grundy based in Northampton was fined £169,652 ($281,000), and Jeffrey Ross of Cardiff was fined £29,000 ($48,000).Continue Reading

Two Vietnam execs sentenced to death in bank fraud

A Vietnam court imposed the death sentence on two former executives found guilty of embezzling 531 billion dong ($25 million) from state-owned Vietnam Agribank.

The People’s Court of Ho Chi Minh City sentenced Vu Quoc Hao, the former general director of Agribank, and Dang Van Hai, the former chairman of a construction company.Continue Reading

China Corruption Blotter (April 4, 2014)

Xu Haoyuan, former deputy party chief of Tianjin Municipal Public Security Fire Corps, has been charged with accepting bribes worth nearly $40,000. Prosecutors accused Xu of taking bribes from Shanghai Eagle Safety Equipment Ltd and Gimaex-Schmitz Fire and Rescue GmbH to purchase the companies’ fire safety equipment and vehicles. … Continue Reading