DefenceTalkA Vienna court on Monday found an Austrian arms lobbyist guilty of money laundering related to European defence giant EADS, now renamed Airbus. Alfons Mensdorff-Pouilly received a six-month suspended prison sentence and was ordered to pay 50,000 euros ($50,600), deemed to have been “ill-gotten gains”, a spokesman of the Vienna regional court told AFP. Both […]https://www.defencetalk.com/austrian-arms-lobbyist-convicted-of-money-laundering-79385/

DefenceTalkDefenceTalkThe US Justice Department indicted 28 North Koreans and five Chinese on Thursday for operating a money laundering ring that moved billions of dollars through global banks to avoid nuclear sanctions on Pyongyang. The network processed more than $2.5 billion through over 250 front companies across Thailand, Libya, Austria, Russia, China and Kuwait to evade […]https://www.defencetalk.com/us-indicts-nkoreans-chinese-over-2-5-bn-network-to-dodge-sanctions-75701/