Pope Accepts Resignation of Bishop in Embezzlement Scandal
#ChurchScandal #FinancialCrimePope Leo XIV accepted the resignation of Bishop Emmanuel Shaleta after his arrest for alleged $250,000 embezzlement from his San Diego church. The bishop was detained at the airport attempting to leave the U.S. facing multiple financial charges. read more
U.S. Cuts Off Swiss Bank Over Iran, Russia Ties
#USSanctions #FinancialCrimeThe U.S. Treasury is severing Swiss MBaer Merchant Bank from the U.S. financial system for allegedly laundering over $100 million for Iranian and Russian illicit actors, citing national security risks. read more
Epstein Sought Moroccan Palace Before Arrest
#JeffreyEpstein #FinancialCrimeDays before his 2019 arrest, Jeffrey Epstein attempted to buy a lavish Moroccan palace. Charles Schwab wired millions on his behalf, filing a suspicious activity report after his detention, highlighting continued financial dealings. read more