Category: Legal

Brink’s US Unit to Pay $42M in Money-Laundering Settlements

Transportation giant shipped currency without appropriate license, according to government entities.

Cousin of country’s ruler cannot force another member of the royal family to sell him the Idol’s Eye for $12.6 million.

Customs and Border Protection (CBP) lists acceptable forms of proof.

New requirements to state “country of mining” leave a lot of unanswered questions.

Requirement will come into effect in April.

Group wanted to extort $2 million in cryptocurrency from business owner.

From synthetics submitted to labs as natural, to stolen diamonds, security breaches and stone swapping, there was a lot to watch out for this year.

Businesses tied to Kamlesh Pattni, some of which operate in Dubai’s DMCC, are included in list.

Manufacturing supervisor took gold, silver and platinum from employer, says US Attorney’s Office.

Bloc extends “sunrise period” by six months, introduces “grandfathering” clause.

Executive compensation in the diamond and jewelry sector tends to track the market’s health – but the global situation is complex.