Taiwan's Shilin District Court sentenced Shi Qiren to 22 years for running a crypto exchange that laundered NT$2.3 billion (about $75M USD) through 45 physical storefronts. The FSC registration on the wall was not what the customers thought it was.
Eight men and three companies tied to the Lucchese crime family admitted their roles in a New Jersey gambling and money laundering enterprise that ran offshore sportsbooks through a café, a trucking company, and a consulting LLC. The shell was always the point.
Kypros Perikleous spent thirty-seven years inside the City of Toronto's transportation department. On Friday he pleaded guilty to washing money for an offshore gambling network allegedly run by a fugitive. The neighbors are still trying to square the two men.