money laundering

Update news money laundering

Phu Cuong Gold Company director sentenced for illegal transfer of $426 million

Vietnamese court convicts gold company director for orchestrating illegal money transfers to Hong Kong.

Vietnam enforces strict anti-money laundering checks on large transactions

Transactions exceeding 400 million VND in cash or large domestic and international wire transfers must now be reported under Vietnam’s latest financial regulations.

Vietnam busts $80 million money laundering network tied to overseas gambling

Vietnamese police have uncovered a large-scale financial crime operation, involving fraudulent banking transactions, shell companies, and cross-border money laundering networks.