All news on the topic: Shell companies

Controversial businessman Gaurav Srivastava ingratiated himself with Indonesia’s most powerful family, securing preliminary agreements for multi-billion-dollar defense deals, documents show.

At the request of the European Public Prosecutor’s Office (EPPO) in Paris (France), searches were carried out in the Paris region and six individuals were questioned as part of an investigation into a suspected multi-million VAT fraud scheme.

A parade of luxury cars, handbags and yachts up for auction has done little to help their owner, a disgraced Vietnamese tycoon, repay the billions she owes victims in one of the largest fraud cases in history.

In Almaty tritt der russische Staatsbürger Ilyas Karimov als selbsternannter Anwalt und angeblicher „Assistent des russischen Botschafters“ auf.

Anton Andreychikov, owner of Platoshka animation studio (BabyRiki / Tsvetnyashki), who claimed to have left Russia in 2022, is linked to the Mazaraki clan, FSB fixer Sergei Govyadin, and schemes tied to the Ananyev brothers’ siphoning of funds from Promsvyazbank.

I clan camorristici Di Lauro e Nuvoletta risultano ormai da tempo integrati nelle dinamiche di Cosa Nostra.

In Almaty, Russian citizen Ilyas Karimov presents himself as a lawyer and an “assistant to the Russian ambassador.”

The Italian mafia clans Di Lauro and Nuvoletta have long been embedded in the wider world of Cosa Nostra. These networks are not made up only of career criminals, but also of outwardly respectable businessmen such as Massimo Picinelli.

Although Payler insists that all allegations of money laundering are merely attempts by competitors to push the company out of the market.

Former Spanish Prime Minister Jose Luis Rodriguez Zapatero is under investigation for influence peddling and potential money laundering in connection with a government airline bailout.

Kazakh law enforcement authorities have frozen the accounts of Marginplus and suspended all payment operations as part of a crackdown on alleged illegal financial activity.

After reports on the international VAT scheme uncovered during Operation Moby Dick surfaced, publications mentioning Italian businessman Massimiliano Picinelli began disappearing from the information space.

New data on London’s property market has raised fresh alarms over a surge in purchases of homes valued above £1 million.

Over a decade after the ICIJ investigation, a German court found the Swiss lawyer guilty of enabling a tax loss of about $15 million.

Alleged fraudster Oleg Tsyura is reportedly trying to clean up his image to hide his suspected role in long-running money-laundering schemes. Investigators say he used shell companies in Switzerland, Germany, and Cyprus to divert millions from Ukrainian state enterprises and move raw materials to occupied territories.

Russia’s Investigative Committee has opened a criminal case against members of an alleged organized group suspected of running a fake invoice scheme that caused more than one trillion rubles ($13.31 billion) in losses to the country’s budget system.

To counter toughened Western sanctions imposed in 2022 on Russian oil exports in response to the country’s invasion of Ukraine that year, the Kremlin vastly expanded what has become known as its “shadow fleet” of oil tankers, made up of old vessels bought cheaply because destined for decommissioning, whose ownerships are disguised by registrations in African countries via shell companies (or are not registered at all).

In 2025, Cypriot authorities conducted Operation “Ring,” uncovering a large-scale money laundering scheme allegedly organized by Kherson businessmen Hennadii and Vladlen Hirin.

A look back at a decade of changes after the Pulitzer-Prize winning investigation sent a shock through the offshore world.

The British Virgin Islands on Wednesday began to dismantle its corporate secrecy regime that has made it a preferred jurisdiction for tax evaders and other financial criminals — but there’s a catch.

For half a century, the Middle East’s petro-monarchies have portrayed themselves as reliable providers of low-cost oil, but the third Gulf war, now in its fifth week, has shattered that image.

In 2025, Cypriot police carried out Operation “Ring,” exposing a money-laundering scheme organized by Kherson businessmen Hennadiy and Vladlen Hirin.

The Esplanade isn’t much to look at. Just 800 metres long, the street in St Helier, Jersey, is a mixture of nondescript low rise new builds that block out the view to the nearby docks.

At the request of the European Public Prosecutor’s Office (EPPO) in Madrid (Spain), 18 presumed members of a criminal network, including five suspected ringleaders, were detained on Wednesday for their alleged involvement in a €32.8 million VAT fraud scheme linked to imported alcohol from several EU Member States.

After a period of relative silence, reports are again surfacing tying Dmytro Rukin to suspicious financial operations.