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FinCEN fines Bancrédito $15 million for AML failures,

Financial Crimes Enforcement Network Fines Bancrédito International Bank and Trust Corp. $15 Million Over Alleged Bank Secrecy Act Violations,
U.SNews

In September 2023, the U.S. Financial Crimes Enforcement Network (FinCEN) fined Bancrédito International Bank and Trust Corp., a Puerto Rico–based bank, $15 million for serious violations of the Bank Secrecy Act (BSA)..

Bancrédito failed to timely file suspicious activity reports between October 2015 and May 2022, and inadequately monitored transactions involving entities in Venezuela...

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In Puerto Rico, a banker involved in a bribe scandal enters a not guilty plea

The Bancrédito news centers on a major financial and political scandal in Puerto Rico involving Bancrédito International Bank and Trust Corp. and its founder Julio Herrera Velutini
Ryan Sillers | March 18, 26
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After the case against its founder was closed, Bancrédito Holding aims to recover assets and establish accountability.

After the legal case against its founder was closed, Bancrédito Holding Corporation is now focusing on recovering lost assets and holding responsible parties accountable.

Ryan Sillers | March 18, 26
Politics

Iran’s ambassador alleges strikes targeted Natanz nuclear facility

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Iran’s ambassador to the International Atomic Energy Agency (IAEA), Reza Najafi, alleged that U.S. and Israeli airstrikes targeted Iran’s Natanz uranium-enrichment facility, one of the country’s most important nuclear sites

Ryan Sillers | March 05, 26