UNCOVERING RISK..........................
STAY VIGILANT - ARE THESE YOUR CUSTOMERS?
CHINESE PEOPLE SMUGGLER ON TRIAL
Cheng Chui Ping more commonly known in the New York, Chinese community as 'Daijie Ping' or 'Big Sister Ping' is finally on trial for her involvement in smuggling aliens into the USA. She has already served time for involvement in a people smuggling racket that went wrong, after illegal immigrants drowned in the Niagara River in 1989. She is now on trial for alleged conspiracy to smuggle aliens into the USA, hostage taking, money laundering and trafficking in ransom proceeds. She has been linked to the incident in June 1993, where the Golden Venture ran aground killing illegal immigrants. Some of her alleged co-conspirators of that ill fated voyage have agreed to testify against her. It has taken nearly a decade to bring Big Sister Ping to justice in the USA. In Apr 2000 she was captured at Hong Kong's Chep Lap Kok airport and after exhaustive appeals against extradition, she was finally brought back to the USA in July 2003. She is currently on trial in her adopted home, New York City. Read all about her and her alleged co-conspirators, including a now jailed US lawyer from Connecticut. View her profile UID 30871.
MAFIOSO FINALLY BROUGHT TO BOOK
Another fugitive of justice, Giuseppe Iamonte, boss of the 'Ndrangheta Mafia', Calabria on the run for 12 years was recently caught and is now to serve a 20 year sentence on charges of mafia association and narcotics trafficking. To find out more about him check out his profile UID 190262.
MAFIA MAMMA
Former boss of the Partinico mafia, Giuseppina Vitale, took over from her brothers Leonardo and Vito, both were jailed in the 1990s. Giusy as she is known, was sentenced to 6 years imprisonment for association with the mafia, she was freed in 2002. A few months later she was re-arrested on charges of ordering Salvatore Riina's murder in 1998. This year she turned 'pentito' or informer, on the Sicilian mob. Reported she has entered a witness protection program together with her two teenage sons. She has confessed to various crimes including the Riina murder and it is reported that her testimony has already lead to several mafia busts. Read about her and her former associates on UID 138972.
ADVICE TO CRIME FIGHTERS: FOLLOW THE MONEY
If you want to fight global crime syndicates, traffickers and
corrupt officials, just follow the
money.
"Nobody is looking at the overall picture, which I think is the mistake we are making." World-Check's CEO David Leppan said on the sidelines of a week-long U.N. crime conference in Bangkok in April.
The five-yearly meeting of more than 3,000 delegates - including justice
ministers, police chiefs and rights activists - debated everything from
the links between organized crime and terrorism, to computer crimes and
human and
drug trafficking.
The United Nations drugs and crime watchdog estimates that transactions worldwide by organized crime reach $2 trillion every year and about half that goes toward corruption and bribes.
U.N. estimates of money laundering range from $500 million and $1 billion
annually, but watchdogs like the Paris based
Financial Action Task Force (FATF) have made it harder to wash dirty money
through major bank systems.
"As a result, criminals are eyeing smaller banks on remote Caribbean or Pacific islands," Leppan said, "or setting up trusts, charities and NGOs to conceal funds".
To read the full transcript of the Reuters article,
"World-Check offers businesses the chance to avoid 'problem customers.' Its mix of exhaustively researched augmented interdiction lists, extensive industry partnerships and dual delivery methods mark World-Check as a key tool for proactive risk reduction, regardless of industry or geography".
The Gartner Report
November, 2004
More than 1200 institutions and government agencies in more than 120 countries rely on World-Check for KYC risk reduction intelligence.
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