UNCOVERING RISK..........................

STAY VIGILANT - ARE THESE YOUR CUSTOMERS?

MACAU BANK ON US TREASURY LIST

In September 2005, the US Treasury designated Banco Delta Asia Sarl, (UID 352064) as a primary money laundering concern under Section 311 of the US Patriot Act. The US called the bank a 'willing pawn' for the North Korean government and authorities also moved to stop US banks from doing business with Banco Delta Asia, which it is reported, maintains accounts not only in the USA but also in Europe, Asia, Australia and Canada. The bank's chairman Stanley Au (UID352064) is a legislator in Macau and an adviser to the Chinese Government. The bank and Au deny any involvement in money laundering activities. Reports also allege that Macau based business man and entrepreneur Stanley Ho, (UID 52636) who has been on World-Check since 2002 and his Seng Heng Bank, have also come under the spotlight of the USA investigators. Articles suggest that Seng Heng Bank is being scrutinised for any possible connections to North Korea's illicit fundraising network, which the US alleges finances Pyongyang's nuclear program.

Did you know that World-Check monitors the US Treasury warnings and also separately monitors the Treasury warnings, which fall under the US Patriot Act - these lists are all key-worded on World-Check. To check out the listings, all you have to do is utilize our easy to use, official lists drop down menu on the search page and select the list you require to extract. The results will appear in the right hand column.

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NIGERIAN PEP ON MONEY LAUNDERING RAP

Towards the end of the month the Governor of the oil rich Bayela province in Nigeria was taken in for questioning in the UK. According to reports Diepreye Alamieyeseigha (UID 148) who was profiled on World-Check nearly five years ago in October 2000, was arrested at Heathrow airport after arriving on a flight from Germany. He was reportedly detained in connection with an investigation into alleged money laundering, however, he denies any wrong doing. Police also uncovered more than a million pounds in his £2 million London residence. Reports suggest that he has been under investigation by Nigeria's EFCC for a number of years. As governor he is immune from prosecution within Nigeria. After pleading not guilty in court, he was granted bail, but is not allowed to leave London until his next hearing in November. Check out his profile again in a couple of months for future developments and the outcome of his hearing - will he appear in court?

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BANKRUPT BRITON TURNED TO TERROR

In September 2005 a New Jersey Federal court sentenced UK citizen Hemant Lakhani, to a total of 47 years in jail . The senior citizen was found guilty of trying to sell shoulder-fired missiles, which he reportedly believed, would be used in a Somali terrorist attack of a commercial US airliner. Lakhani had previously been declared bankrupt, first in the 80s and later in the 90s. It is alleged that after the failure of his company Multitrade (London) Ltd, he became involved in illicit arms dealing. He was caught after Russian and US authorities trapped him in a sting operation in Aug 2003. Over a year later an alleged colleague Manthena Vijay Raja admitted that he had laundered money for Lakhani. Raja then entered a plea bargain and agreed to testify against his associate. Lakhani was first put on World- Check in Aug 2003 together with his associates. To check out his profile and find out more about the case and who else was involved go to UID 178091.

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NORTHERN NAPLES MAFIOSO NABBED

Boss of the Di Lauro Camorra Mafia clan, Naples, Paolo Di Lauro who is sometimes referred to as 'the millionaire' was arrested in the city at the home of a companion, Fortuna Liguori, who was also arrested and charged with aiding and abetting. The Camorra clan is reported to be involved in the illegal narcotics trade and reportedly has contacts with South American and Albania narcotics cartels. Di Lauro has been a fugitive since September 2002 and appears on the list of the 30 most wanted criminals in Italy. Reported that the Camorra is currently feuding with the rival 'Scissionisti' clan for the control of the narcotics trade in northern Naples. Di Lauro was profiled on World-Check almost two years ago. Check out his profile UID 190257, his family members and 'associates' are on World-Check too, so make sure you know who they are!

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Michael Briggs a lorry driver arrested by the UK Customs and Excise in October 2004 was jailed for 18 years in September for attempting to import narcotics worth an estimated £7million into the United Kingdom through Dover's Eastern Docks. Three others were also convicted and sentenced to long jail terms. To see Brigg's profile which has been on World-Check since his arrest in October 2003, and to check out his partners in crime go to UID256017

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