money laundering

(Newser) - Commodity trading is the latest avenue for terrorists and narcotics traffickers to launder large amounts of money, the Wall Street Journal reports. Basic foodstuffs, like sugar, flour and oil, are legitimately bought on the market and transferred to trade-restricted Iran or Palestine in the guise of legal aid. There they're...

(Newser) - The feds arrested one of the world's worst spammers yesterday—a guy so prolific they claimed net-users worldwide would notice a drop in junkmail as a result of his detention. Robert Alan Soloway used infected "zombie" computers to send out millions of messages, and continued to do so even...

(Newser) - The Russian government hit the Bank of New York with as $22 Billion lawsuit in a Moscow court Wednesday—the latest in a wave of hostile moves some see as portending a new Cold War. With Russians irate over U.S. missile bases planned for Eastern Europe, East-West relations are...