https://amlift.tech/newsAML news checked at the source.https://amlift.tech/news/spf-four-men-charged-scam-cash-gold-laundering-2026-10-15https://amlift.tech/news/spf-four-men-charged-scam-cash-gold-laundering-2026-10-15After a 16-hour operation, the Singapore Police Force says it will charge four men who allegedly collected cash, gold and jewellery from scam victims and scam mules. Police allege they laundered at least S$300,000 in scam proceeds.https://amlift.tech/news/eu-council-russia-circumvention-3-individuals-9-entities-2026-10-15https://amlift.tech/news/eu-council-russia-circumvention-3-individuals-9-entities-2026-10-15On 15 October 2026 the Council of the EU added three individuals and nine entities to its Russia sanctions list. The Council says they helped bring sanctioned goods into Russia or get around EU oil and finance sanctions.https://amlift.tech/news/white-house-graham-act-order-waives-sanctions-and-tariffs-2026-10-16https://amlift.tech/news/white-house-graham-act-order-waives-sanctions-and-tariffs-2026-10-16An order dated 16 October 2026 implements the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. It sets tariff increases on Russia and on countries tied to Russian oil, but waives those duties and a long list of the Act's sanctions provisions.https://amlift.tech/news/swiss-federal-council-third-national-ml-tf-risk-report-2026-10-14https://amlift.tech/news/swiss-federal-council-third-national-ml-tf-risk-report-2026-10-14The Swiss Federal Council was briefed on 14 October 2026 on the third national risk report on money laundering and terrorist financing. The report names organized crime, corruption, and asset and tax crime as the greatest threats.https://amlift.tech/news/usao-mdga-riddle-jackson-jury-duty-scam-laundering-sentence-2026-10-16https://amlift.tech/news/usao-mdga-riddle-jackson-jury-duty-scam-laundering-sentence-2026-10-16The US Attorney's Office for the Middle District of Georgia says Lance Riddle and Joey Amour Jackson, inmates at Calhoun State Prison, were sentenced to 200 and 120 months after a jury convicted them of wire fraud and money laundering conspiracies. Prosecutors say the scheme caused more than $464,920 in documented losses from 119 victims.https://amlift.tech/news/usao-az-mohammed-maio-covid-relief-fraud-laundering-sentence-2026-10-14https://amlift.tech/news/usao-az-mohammed-maio-covid-relief-fraud-laundering-sentence-2026-10-14The US Attorney's Office for the District of Arizona says Mohammed Maio, 44, was sentenced to 10 years in prison after pleading guilty to charges that include conspiracy to commit money laundering. Prosecutors say he used false information to obtain nearly $2.2 million in COVID-19 relief loans for businesses that had no employees.https://amlift.tech/news/occ-bank-of-america-750m-bsa-aml-penalty-2026-10-13https://amlift.tech/news/occ-bank-of-america-750m-bsa-aml-penalty-2026-10-13The Office of the Comptroller of the Currency (OCC) imposed a $750 million civil money penalty on Bank of America, N.A. The OCC says the bank's transaction monitoring failed to properly monitor trillions of dollars in transactions.https://amlift.tech/news/occ-gould-minnesota-fraud-reporting-tool-2026-10-07https://amlift.tech/news/occ-gould-minnesota-fraud-reporting-tool-2026-10-07At a meeting with community bankers in Minneapolis, Comptroller of the Currency Jonathan V. Gould announced a new way for community banks to report suspected payments fraud directly to an OCC fraud taskforce.https://amlift.tech/news/usao-wdmi-sefton-stewart-lottery-fraud-sentence-2026-10-16https://amlift.tech/news/usao-wdmi-sefton-stewart-lottery-fraud-sentence-2026-10-16Sefton Olivair Stewart was sentenced to 72 months in prison for a fake lottery prize scheme that took $3.4 million from 28 victims; a co-conspirator who pleaded guilty to conspiracy to commit money laundering earlier received 37 months.https://amlift.tech/news/usao-edtx-joshua-jackson-real-estate-investment-laundering-sentence-2026-10-16https://amlift.tech/news/usao-edtx-joshua-jackson-real-estate-investment-laundering-sentence-2026-10-16Joshua Thomas Jackson, who pleaded guilty to money laundering, was sentenced on 15 October 2026 to 51 months in prison; the US Attorney's Office says he took over $3 million from investors with false claims about real estate investments.https://amlift.tech/news/doj-ygor-fokin-saviolli-30m-drug-cash-laundering-sentence-2026-10-16https://amlift.tech/news/doj-ygor-fokin-saviolli-30m-drug-cash-laundering-sentence-2026-10-16Ygor Fokin Saviolli was sentenced on 16 October 2026 to 12 years in prison for his role as a manager and supervisor in a group that the Justice Department says laundered more than $30 million, including drug trafficking proceeds.https://amlift.tech/news/usao-nj-ruben-cruz-2m-safe-theft-laundering-conviction-2026-10-16https://amlift.tech/news/usao-nj-ruben-cruz-2m-safe-theft-laundering-conviction-2026-10-16Ruben Cruz was convicted on 15 October 2026 after a trial in Camden federal court of stolen property offences, conspiracy to launder money and seven money laundering counts over a safe taken from a Glassboro business.https://amlift.tech/news/usao-sdtx-sumit-kumar-singh-elder-fraud-prison-phone-plea-2026-10-15https://amlift.tech/news/usao-sdtx-sumit-kumar-singh-elder-fraud-prison-phone-plea-2026-10-15Sumit Kumar Singh, 32, an Indian national already serving a federal sentence for mail fraud against elderly victims, pleaded guilty to conspiracy to commit mail fraud, the US Attorney's Office for the Southern District of Texas said on 15 October 2026.https://amlift.tech/news/usao-edpa-shane-hennen-game-fixing-laundering-plea-2026-10-15https://amlift.tech/news/usao-edpa-shane-hennen-game-fixing-laundering-plea-2026-10-15Shane Hennen, 41, of Las Vegas and Philadelphia, pleaded guilty to bribery in sporting contests and wire fraud charges in Pennsylvania, and to wire fraud conspiracy and money laundering conspiracy charges from a New York case, the US Attorney's Office for the Eastern District of Pennsylvania said on 15 October 2026.https://amlift.tech/news/usao-wdmo-trevor-uhls-ponzi-fraud-laundering-plea-2026-10-15https://amlift.tech/news/usao-wdmo-trevor-uhls-ponzi-fraud-laundering-plea-2026-10-15Trevor Uhls, 29, of Lee's Summit, Missouri, pleaded guilty to one count of wire fraud and one count of money laundering, the US Attorney's Office for the Western District of Missouri said on 15 October 2026.https://amlift.tech/news/nydfs-seb-33m-aml-penalty-2026-10-15https://amlift.tech/news/nydfs-seb-33m-aml-penalty-2026-10-15Skandinaviska Enskilda Banken AB and its New York Branch agreed to pay a $33 million penalty under a consent order with the New York State Department of Financial Services. The case grew out of DFS reviews that followed the 2016 Panama Papers leak.https://amlift.tech/news/doj-alexander-suvorov-russia-export-sanctions-extradition-2026-10-15https://amlift.tech/news/doj-alexander-suvorov-russia-export-sanctions-extradition-2026-10-15Alexander Suvorov was extradited from Sweden to the Northern District of New York on 15 October 2026. A criminal complaint charges him with conspiracy to commit international promotional money laundering, outbound smuggling and export control violations.https://amlift.tech/news/treasury-iran-iraqi-bank-shadow-banking-cuba-bicsa-2026-10-15https://amlift.tech/news/treasury-iran-iraqi-bank-shadow-banking-cuba-bicsa-2026-10-15On 15 October 2026 Treasury designated an Iraq-based bank it says gives Iran access to US dollars, two Iranian offshore banks, an oil trustee and shadow banking operatives, while the State Department designated Cuba's Banco Internacional de Comercio.https://amlift.tech/news/fincen-alert-iran-religious-charity-networks-2026-10-15https://amlift.tech/news/fincen-alert-iran-religious-charity-networks-2026-10-15Under Operation Economic Outcast, FinCEN issued an alert on 15 October 2026 asking financial institutions to report possible abuse of religious charity networks by the Iranian regime, including the diversion of religious tithes known as khums.https://amlift.tech/news/usao-wdpa-aikens-fraud-laundering-conviction-2026-10-14https://amlift.tech/news/usao-wdpa-aikens-fraud-laundering-conviction-2026-10-14A federal jury in Pittsburgh found Seth Allen Aikens II guilty on 14 October 2026 of wire fraud, mail fraud and money laundering over a scheme in which prosecutors say he falsely claimed software expertise to win clients.https://amlift.tech/news/doj-sasa-micev-dprk-missile-sanctions-sentence-2026-10-14https://amlift.tech/news/doj-sasa-micev-dprk-missile-sanctions-sentence-2026-10-14Sasa Micev pleaded guilty to violating US sanctions on North Korea after trying to broker the sale of SA-18 Igla portable surface-to-air missiles from North Korea. He was sentenced to 60 months in federal prison.https://amlift.tech/news/usao-wdwa-popescu-followone-13m-fraud-laundering-indictment-2026-10-13https://amlift.tech/news/usao-wdwa-popescu-followone-13m-fraud-laundering-indictment-2026-10-13Federal prosecutors say the pastor of a Kirkland church recruited more than 30 investors into a company he ran and moved investor money to himself and his family.https://amlift.tech/news/eu-council-dprk-3-individuals-4-entities-2026-10-12https://amlift.tech/news/eu-council-dprk-3-individuals-4-entities-2026-10-12The Council of the EU added three individuals and four entities to its own North Korea (DPRK) sanctions list. The listings target missile work, DPRK workers in Russia, joint projects with the DPRK and a vessel the Council links to petroleum shipments from Russia.https://amlift.tech/news/doj-ndga-rojano-salazar-74m-tax-refund-laundering-charges-2026-10-14https://amlift.tech/news/doj-ndga-rojano-salazar-74m-tax-refund-laundering-charges-2026-10-14The US Justice Department says three Atlanta-area residents used ITINs obtained in other people's names to file false returns and cashed more than 16,000 Treasury refund checks worth over $74 million. They are charged with fraud and money laundering conspiracy.https://amlift.tech/news/ofac-bank-of-america-11-6m-sanctions-settlement-2026-10-13https://amlift.tech/news/ofac-bank-of-america-11-6m-sanctions-settlement-2026-10-13OFAC says Bank of America, N.A. processed payments through blocked banks and for sanctioned people between 2021 and 2025, after screening, alert and watchlist failures. OFAC found the case non-egregious, and most of the apparent violations were not voluntarily self-disclosed.https://amlift.tech/news/ofac-cartel-del-noreste-horse-racing-network-2026-10-13https://amlift.tech/news/ofac-cartel-del-noreste-horse-racing-network-2026-10-13OFAC sanctioned four individuals and 11 entities it links to Cartel del Noreste (CDN), including a racetrack, a racing barn, construction and gas companies and a trucking firm in Mexico.https://amlift.tech/news/usao-nh-anzivino-medicare-fraud-laundering-plea-2026-10-13https://amlift.tech/news/usao-nh-anzivino-medicare-fraud-laundering-plea-2026-10-13A Massachusetts man who posed as owner of a New Hampshire medical supply company pleaded guilty to money laundering conspiracy.https://amlift.tech/news/fincen-bank-of-america-1-2b-penalty-2026-10-13https://amlift.tech/news/fincen-bank-of-america-1-2b-penalty-2026-10-13FinCEN assessed a $1.2 billion penalty against Bank of America, N.A., which admits it willfully violated the Bank Secrecy Act. FinCEN's release says the OCC and OFAC also took action against the bank.https://amlift.tech/news/fca-nexus-nelson-stephens-fraud-laundering-pleas-2026-10-13https://amlift.tech/news/fca-nexus-nelson-stephens-fraud-laundering-pleas-2026-10-13A director and an operations manager of two FCA-authorised firms admitted defrauding clients, who lost £2m. The director also admitted a money laundering offence.https://amlift.tech/news/doj-west-africa-scam-disruption-week-2026-10-13https://amlift.tech/news/doj-west-africa-scam-disruption-week-2026-10-13Law enforcement and private companies acted against scam networks in West Africa, removing more than 3.7 million online accounts and identifying at least $11 million in potentially freezable funds.