Liberty Reserve

Gavel (file/credit: clipart.com)

Liberty Reserve Founder Due In Court In $6 Billion Money Laundering Case

Arthur Budovsky, 40, the Costa Rican founder of currency transfer and payment processing company Liberty Reserve, was extradited from Spain to the U.S. on Friday.

10/14/2014

U.S. Attorney Preet Bharara announces charges in online money laundering scheme (credit: Juliet Papa/1010 WINS)

Feds Announce Takedown Of Online ‘Bank Of Choice For The Criminal Underworld’

Federal prosecutors charged seven people Tuesday with running what amounted to an online bank that handled $6 billion for drug dealers, child pornographers, identity thieves and other criminals around the globe.

05/28/2013