Stories that rock the world. We expose wrongdoing so the world can make it right. Find us at ICIJ.org. #UberFiles #EricssonList #PandoraPapers #FinCENFiles #PanamaPapers
Merck, the subject of ICIJ’s #CancerCalculus investigation, received a letter from @hassan.senate.gov of the Senate Finance Subcommittee on Health Care asking it to defend it’s use of secondary patents for Keytruda.
Senator questions Merck over patent strategy for blockbuster cancer drug Keytruda - ICIJIn a letter, Sen. Maggie Hassan cited ICIJ's Cancer Calculus investigation and expressed concerns that the pharma giant is boosting profits at the expense of patients.buff.lyA substantial portion of crypto-to-cash services in Canada are being “exploited for illicit purposes” and “knowingly facilitating money laundering, sanctions evasion” and “transnational organized crime,” according to a Canadian intelligence memo.
Canadian intelligence flags crypto-to-cash services as ‘knowingly facilitating money laundering,’ document shows - ICIJAn internal report obtained says that crypto brokers are moving millions while dodging rules to guard against dirty money.buff.lyLast year, an ICIJ investigation examined hospitals in Kenya owned by Evercare, a healthcare group backed by TPG’s Rise Fund. Read more here: buff.ly/dITnGJa
The World Bank set out to transform health care for the poor in Africa. It drove patients deeper into poverty. - ICIJA surge in private equity funding for hospitals left a trail of crushing debts, patient detentions and broken promises.www.icij.orgFrom @theguardian.com: Private equity investment firm TPG will take control of the U.K.'s National Health Service patient records in a deal experts say should “ring alarm bells” amid concerns sensitive health data increasingly being handed to private companies. bit.ly/4z2zLxR
Alarm at NHS patient records being put under control of US private equity firmDoctors and MPs urge more scrutiny of £300m deal for company behind system used by most GPs in Englandwww.theguardian.comCircle pitches its USDC token as the new face of finance. But some officials have begun to raise alarms about instances of the crypto giant denying law enforcement requests to freeze assets and allegedly refusing to help recover scam victim funds.
Crypto giant Circle rebuffed efforts to help scam victims, police say - ICIJLaw enforcement in Wisconsin and New York accuse the firm of refusing to help recoup funds, even under court orders.buff.lyFor over 30 years, the ex-wife and son of Italian drug trafficker Giacomo Tamburello relied on an international network of bankers, lawyers and brokers to amass a $230M fortune and shield it from authorities, according to Italian prosecutors.
How offshore firms helped a mafia-linked Italian druglord hide a $230m fortune - ICIJLeaked Pandora Papers records reveal that Giacomo Tamburello and his family, now facing prosecution, accumulated gold bars, luxury real estate and a $89 million stake in a bank with the help of…buff.lyThree years after the #PanamaPapers, journalists revealed that Swedbank may have withheld information from U.S. authorities over suspicious financial transactions. The bank has now agreed to a penalty to settle the final U.S. probe tied to the case.
Swedbank fined $50 million by New York authorities over Panama Papers revelations - ICIJThe Swedish bank and its New York subsidiary agreed to the penalty to settle final U.S. probe tied to money laundering case, officials say.buff.lyWomen on four continents told ICIJ how they were lured and left broken both financially and romantically by pay-per-action dating sites owned by a Russian businessman. Read the story:
Inside the Matrix: How models, influencers and engagement quotas power the Social Discovery Group’s dating machine and global profits - ICIJWomen on four continents told ICIJ that global pay-per-action dating sites owned by a Russian businessman and self-styled philosopher left them financially broke and heartbroken.buff.lyFrom The Caymanian Journal: Authorities in the Cayman Islands were named among several jurisdictions caught up in an Italian crackdown on Mafia-linked wealth, after over $200M in assets tied to mafia boss Matteo Messina Denaro and related networks were seized.
Cayman Islands Named in Italian Seizure of €200m Linked to Mafia BossThe criminals were known. The unanswered question: who helped the money endure in Cayman?buff.lyThe head of an internal auditor resigned after the board of the International Finance Corporation, the World Bank’s private investment arm, rejected her office’s findings that a microfinance deal Cambodia violated internal safeguard policies.
International Finance Corporation watchdog in turmoil following scathing report on microfinance in Cambodia - ICIJThe head of an internal auditor resigned after the board of the World Bank’s private investment arm rejected her office’s findings that the deal violated internal safeguard policies.buff.lyFrom CBC: A Canadian businessman from the #PanamaPapers leak is wanted on a Canada-wide arrest warrant after he failed to show up for court multiple times on tax-evasion charges on more than $860,000 in tax on oil deal consulting fees. www.cbc.ca/news/busines...
Arrest warrant issued for man accused in Panama Papers case after he fails to show up for court | CBC NewsA businessman who quietly teed up hundreds of millions of dollars in oilpatch deals is wanted on a Canada-wide warrant after he failed to appear in court on tax-evasion charges stemming from the Panam...www.cbc.caAs scammers and terrorists increasingly turn to crypto, a Canadian intelligence office is raising alarms about risks posed by an emerging industry offering discreet means to convert cryptocurrency to large sums of cash and vice versa.
Canadian intelligence flags crypto-to-cash services as ‘knowingly facilitating money laundering,’ document shows - ICIJAn internal report obtained says that crypto brokers are moving millions while dodging rules to guard against dirty money.buff.lyFrom BBC: Controversial influencer Andrew Tate and his brother Tristan have been arrested in Miami after British authorities issued 38 new charges against the pair. Prosecutors will seek to extradite them to the U.K for alleged sexual offenses.
Tate brothers arrested in US as further UK charges take total to 59The Crown Prosecution Service says it has requested their extradition from the US, while their lawyer says they are innocent.buff.lyLast year, President Donald Trump signed confidential deals with dozens of pharmaceutical companies, including Merck, to lower the price of some prescription drugs. But a recent Senate report found that high-cost medications have only become more expensive.
Lowering doses of cancer drugs could slash global health spending by $30B, new research shows - ICIJResearchers found that Keytruda — the focus of ICIJ's recent Cancer Calculus investigation — accounted for nearly half of the potential annual savings.buff.ly
How do you follow money that is designed to be untraceable? Our new Reporter's Guide to Investigating Cryptocurrency, produced with @icij.org, breaks down how to trace wallet addresses, work with blockchain explorers and verify crypto transactions for your next investigation. https://twp.ai/E5DK3S
NEW: Leaked records reveal mafia-linked Tamburello family acquired gold bars, luxury real estate & a $89M stake in a bank — part of a hidden $230M fortune — aided by unscrupulous financiers & lawyers, Italian prosecutors say. #PandoraPapers www.icij.org/investigatio... @icij.org
How offshore firms helped a mafia-linked Italian druglord hide a $230m fortune - ICIJLeaked Pandora Papers records reveal that Giacomo Tamburello and his family, now facing prosecution, accumulated gold bars, luxury real estate and a $89 million stake in a bank with the help of unscru...www.icij.orgNEW: Nordic banking giant Swedbank agrees to pay $50M to settle New York probe stemming from #PanamaPapers revelations 10 years ago. State financial regulators say the bank misled investigators looking into its ties to Panamanian law firm Mossack Fonseca. www.icij.org/investigatio... @icij.org
Swedbank fined $50 million by New York authorities over Panama Papers revelations - ICIJThe Swedish bank and its New York subsidiary agreed to the penalty to settle final U.S. probe tied to money laundering case, officials say.www.icij.org