Companies

Moneygram admited Anti-Money Laundering violations …

United States Department of Justice on November 9, 2012
Moneygram International Inc. Admits Anti-Money Laundering and Wire Fraud Violations, Forfeits $100 Million in Deferred Prosecution

MoneyGram International Inc. – a global money services business headquartered in Dallas – has agreed to forfeit $100 million and enter into a deferred prosecution agreement (DPA) with the Justice Department in which it admits to criminally aiding and abetting wire fraud and failing to maintain an effective anti-money laundering program, as charged in an information filed today in the Middle District of Pennsylvania.

According to court documents, MoneyGram was involved in mass marketing and consumer fraud phishing schemes, perpetrated by corrupt MoneyGram agents and others, that defrauded tens of thousands of victims in the United States.  MoneyGram also failed to maintain an effective anti-money laundering program in violation of the Bank Secrecy Act.  The Justice Department will return the forfeited funds to the victims of the fraud scheme through its Victim Asset Recovery Program.

“MoneyGram’s broken corporate culture led the company to privilege profits over everything else,” said Assistant Attorney General Breuer.  “MoneyGram knowingly turned a blind eye to scam artists and money launderers who used the company to perpetrate fraudulent schemes targeting the elderly and other vulnerable victims.  In addition to forfeiting $100 million, which will be used to compensate victims, MoneyGram must for the next five years retain a corporate monitor who will report regularly to the Justice Department.”

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Documentar: The tax free tour

Documentar: The tax free tour

“Where do multinationals pay taxes and how much?”

A financial world operates in the shadows surrounded by a high level of secrecy. A place where sizeable capital streams travel the world at the speed of light and avoid paying tax. The Tax Free Tour is an economic thriller mapping the systemic risk for governments and citizens alike. Is this the price we have to pay for globalised capitalism?

Cum statul Marea Britanie se asigură că fiecare își plătește taxele

UK Public Accounts Committee Hearing on taxation of multinational corporations

or Why multinationals do not pay corporation taxes?! Are they immoral?

Recording – UK Public Accounts Committee Hearing (12/11/2012) on Taxation of Multinational Corporations, witnesses:
Matt Brittin (CEO, Google UK),
Troy Alstead (Global CFO, Starbucks),
Andrew Cecil (Director Public Policy, Amazon).

http://parliamentlive.tv/event/index/ab52a9cd-9d51-49a3-ba3d-e127a3af018c

http://videoplayback.parliamentlive.tv/Player/Index/ab52a9cd-9d51-49a3-ba3d-e127a3af018c?audioOnly=False&autoStart=False&statsEnabled=False

O nouă bursă își face apariția în Republica Moldova.

Necătând la faptul că Bursa de Valori a Moldovei de abia respiră, cu o lichiditate bursieră foarte mică, la orizontul pieței de capital a Moldovei apare un nou suflu – Bursa de Valori Chișinău. Aceasta o obținut licența CNPF privind activitatea bursieră pe piața valorilor mobiliare din Moldova, după comunicatul CNPF de pe pagina instituției.

În cadrul ședinței din 12 ianuarie 2012 Consiliul de administrație al Comisiei Naționale a Pieței Financiare a aprobat
următoarele chestiuni aferente licențierii Bursei de Valori Chișinău:
– să se considere coordonat statutul Societăţii pe acţiuni „Bursa de Valori Chişinău”;
– a eliberat permisiuni pentru deținerea cotelor substanțiale din acțiunile emise de societate la 7 acționari;
-a aprobat regulile Bursei și a acordat licenţă pentru dreptul de desfăşurare a activității bursiere pe piaţa valorilor mobiliare ca activitate de bază cu activități conexe pe un termen de 5 ani;
– a coordonat mărimea și modul de percepere a taxelor, plăților și comisioanelor aplicate de Societatea pe acţiuni „Bursa de Valori Chișinău”.

Comunicat CNPF