Tag: Uncovered

  • $1.2 billion money laundering case uncovered in Đà Nẵng


     






    The five arrested have been accused of forging seals and documents in order to transfer money illegally between 2022-24. Photo courtesy of Nghi Sơn 

    ĐÀ NẴNG — A money laundering criminal gang has been dismantled by the economic crime police unit under the central city’s public security department, reporting that an estimated VNĐ30 trillion (US$1.2 billion) was transferred illegally through 600 bank accounts in Việt Nam.

    The department said the five suspects were in custody, while fake seals and documents on the establishment of 187 shell companies, forged identity cards and business certificates, had been seized.

    It said the gang had forged IDs to establish the companies and a series of fake notarisation papers and bank seals, which allowed them to open 600 bank accounts.

    The police investigation agency reported that the gang had then helped send $1.2 billion including VNĐ300 billion ($12 million in foreign currency) from suspected criminal sources in foreign countries into Việt Nam.

    They used to bank accounts to wash the ‘dirty’ money, moving funds between 2022-24, the police unit reported.

    A total 122 counterfeit stamps, 40 original certificates of business registrations, printers, a flash stamp machine, wooden engravers and other equipment for money laundering activities were found.

    The case is under investigation.

    It is reportedly the biggest money laundering case ever discovered in the central city.

    Việt Nam had included revised articles and supplements to fight money laundering in the 2015 penal code, according to the Supreme People’s Court.

    ‘Disguising financial assets so they can be used without detection of the illegal activity’ has not traditionally been a major crime in Việt Nam, but criminals have been caught using cash to buy property, cars, jewels and precious assets under the names of other people in the country.

    Việt Nam is an official member of the Asia Pacific Group on Money Laundering (APG) body and Vietnamese money laundering was first addressed in the penal code in 1999.

    The latest law on Anti-Money Laundering, passed by the National Assembly, came into force in March 2023. 

    A new Department of Anti-Money Laundering will be established under the State Bank of Việt Nam (SBV) sometime in 2025. VNS



    Authorities in Đà Nẵng have uncovered a massive money laundering case worth $1.2 billion, sending shockwaves through the city and the country as a whole. The case involves a network of individuals and organizations allegedly involved in illicit financial activities, with ties to both domestic and international players.

    The investigation, which has been ongoing for months, has revealed a complex web of transactions designed to hide the origins of the funds and move them through various channels undetected. Authorities believe that the money laundering operation may have been ongoing for several years, with the perpetrators using sophisticated techniques to evade detection.

    The scale of the case has raised concerns about the effectiveness of current anti-money laundering measures in Đà Nẵng and prompted calls for greater oversight and regulation in the financial sector. The authorities have vowed to crack down on those responsible for the illegal activities and bring them to justice.

    As more details emerge about the case, the public is left wondering about the impact of such large-scale money laundering on the economy and society as a whole. Stay tuned for further updates on this developing story.

    Tags:

    1.2 billion money laundering
    Đà Nẵng money laundering case
    Vietnam money laundering scandal
    Đà Nẵng corruption investigation
    Financial crime in Đà Nẵng
    Đà Nẵng money laundering news
    Vietnam legal issues
    Đà Nẵng financial scandal
    Đà Nẵng corruption probe
    $1.2 billion illegal transactions

    #billion #money #laundering #case #uncovered #Đà #Nẵng

  • Pope dissolves Peru-based conservative Catholic movement after abuses uncovered by Vatican


    ROME (AP) — Pope Francis has taken the remarkable step of dissolving a Peruvian-based Catholic movement, the Sodalitium Christianae Vitae, after years of attempts at reform and a Vatican investigation. The probe uncovered sexual abuses by its founder, financial mismanagement by its leaders and spiritual abuses by its top members.

    The Sodalitium on Monday confirmed the dissolution, which was conveyed to an assembly of its members in Aparecida, Brazil this weekend by Francis’ top legal adviser Cardinal Gianfranco Ghirlanda. In revealing the dissolution in a statement, the group lamented that news of Francis’ decision had been leaked by two members attending the assembly, who were “definitively expelled.”

    It provided no details, saying only that the “central information” about the dissolution that was reported by Spanish-language site Infovaticana “was true but it contained several inaccuracies.” It didn’t say what the inaccuracies were.

    The Vatican has not responded to several requests for comment. Dissolution, or suppression, of a pontifically recognized religious movement is a major undertaking for a pope, all the more so for a Jesuit pope given the Jesuit religious order was itself suppressed in the 1700s.

    The SCV dissolution, which had been rumored, marks a final end to what has amounted to a slow death of the movement, which was founded in 1971 as one of several Catholic societies born as a conservative reaction to the left-leaning liberation theology movement that swept through Latin America in the 1960s.

    At its height, the group counted about 20,000 members across South America and the United States. It was enormously influential in Peru and has its U.S. base in Denver.

    But former members complained to the Lima archdiocese in 2011 about abuses by its founder, Luis Figari, and other claims date to 2000. But neither the local church nor the Holy See took concrete action until one of the victims, Pedro Salinas, wrote a book along with journalist Paola Ugaz detailing the twisted practices of the Sodalitium in 2015, entitled “Half Monks, Half Soldiers.”

    In 2017, a report commissioned by the group’s leadership determined that Figari sodomized his recruits and subjected them to humiliating psychological and other sexual abuses.

    After an attempt at reform, Francis sent his two most trusted investigators, Archbishop Charles Scicluna and Monsignor Jordi Bertomeu, to look into the Sodalitium abuses. Their report uncovered “sadistic” sect-like abuses of power, authority and spirituality, economic abuses in administering church money and even journalistic abuses of harassing critics.

    Their report resulted in the expulsions last year of Figari and 10 top members, including an archbishop who had sued Salinas and Ugaz for their reporting and was forced to retire early.

    Salinas, who has long called for the SCV to be suppressed, said word of Francis’ decree was “extraordinary” albeit belated since the first denunciations date from 25 years ago. He praised Scicluna and Bertomeu, as well as the new prefect of the Vatican’s office for religious orders, Sister Simona Brambilla, since she is ultimately responsible for the SCV.

    “And of course without the personal commitment of Pope Francis in this long history of impunity, nothing would have happened,” Salinas said, identifying complicit Peruvian institutions and bishops who “preferred to look the other way instead of accompanying the Argentine pontiff in his struggle for a Catholic Church without abuse.”

    It remains unknown what will become of the assets of the Sodalitium, which victims want to be used as compensation for their trauma. According to the code of canon law, only the Holy See can suppress an institute such as the SCV and “a decision regarding the temporal goods of the institute is also reserved to the Apostolic See.”

    Renzo Orbegozo of Grapevine, Texas, a victim of the movement, welcomed the dissolution of the group to which he belonged from 1995-2008 and said he hoped current members will realize the deception they have been living with.

    “The Sodalitium is really a social scourge disguised as a Catholic association,” he said. “With time the current Sodalits will understand this, they will realize that they were only a number and not a real concern of the sect.”

    His comments echoed those of the current archbishop of Lima, Cardinal Carlos Gustavo Castillo Mattasoglio, who in a recent essay called the group a “failed experiment” of the church in Latin America and urged its suppression.

    “My hypothesis is that the Sodalitium obeys a political project,” Castillo wrote in El País. “It is the resurrection of fascism in Latin America, artfully using the church by means of sectarian methods.”

    Francis’ willingness to suppress the movement outright contrasts with the decision taken by his predecessor, Pope Benedict XVI, when faced with another powerful and wealthy Latin American conservative order, the Legionaries of Christ.

    Faced with similar evidence of depravity by its founder and a lack of a founding spirit, or charism, underpinning the Legion, Benedict decided instead in 2010 on a path of renewal, overriding calls for the Legion to be suppressed.

    ___

    Briceño contributed from Lima, Peru.

    ___

    Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content.





    In a shocking turn of events, Pope Francis has made the decision to dissolve a Peru-based conservative Catholic movement after numerous cases of abuse were uncovered by the Vatican.

    The movement, known as the Sodalitium Christianae Vitae, has been under scrutiny for years due to allegations of physical, psychological, and sexual abuse of its members. The Vatican launched an investigation into the group in 2017, and the findings were deeply troubling.

    Pope Francis has taken a strong stance against abuse within the Catholic Church, and his decision to dissolve the Sodalitium Christianae Vitae is a clear indication of his commitment to rooting out misconduct and protecting the vulnerable.

    It is a sad day when any organization within the Church is found to have engaged in such egregious behavior, but it is heartening to see Pope Francis taking decisive action to address the issue. Let us pray for healing and justice for all those affected by the abuses within the Sodalitium Christianae Vitae, and for a renewed sense of accountability and transparency within the Church as a whole.

    Tags:

    1. Pope dissolves conservative Catholic movement in Peru
    2. Vatican uncovers abuses in Peru-based Catholic group
    3. Peru Catholic movement dissolved by Pope after Vatican investigation
    4. Catholic scandals in Peru lead to dissolution of conservative group
    5. Vatican investigation reveals abuses in Peru Catholic organization
    6. Pope takes action on Peru-based Catholic movement after misconduct
    7. Peru Catholic group disbanded by Pope following Vatican probe
    8. Vatican exposes misconduct in Peru Catholic movement
    9. Peru conservative Catholic organization dissolved by Pope
    10. Pope disbands Peru-based Catholic movement after abuse allegations

    #Pope #dissolves #Perubased #conservative #Catholic #movement #abuses #uncovered #Vatican

  • Lewis Hamilton’s first Ferrari under threat with emergency ‘Plan B’ uncovered


    Ferrari are prepared to move Lewis Hamilton’s test debut away from Fiorano in the event of potential adverse weather conditions this week, it has been claimed.

    Hamilton’s preparations for the F1 2025 season are underway after he made his first public appearance at the team’s Maranello factory on Monday.

    Ferrari to move Lewis Hamilton’s first test away from Fiorano?

    The seven-time World Champion met with team principal Fred Vasseur and chief executive Benedetto Vigna – as well as Piero Ferrari, the only living son of legendary founder Enzo – on his first official day as a Ferrari driver.

    The 40-year-old also drove the team’s simulator for the first time and linked up with his new engineers, including race engineer Riccardo Adami, who previously worked with Hamilton’s predecessors Carlos Sainz and Sebastian Vettel.

    Hamilton is expected to make his first on-track appearance for Ferrari at the team’s Fiorano test track on Wednesday behind the wheel of the F1-75 car of 2022.

    Analysis: Lewis Hamilton joins Ferrari from Mercedes for F1 2025

     Lewis Hamilton now finally has a chance to escape the ghosts of Abu Dhabi 2021

     Four reasons why Lewis Hamilton to Ferrari makes so much sense

    Ferrari have traditionally held a so-called ‘wake-up test’ at Fiorano in January, targeted at getting team and drivers back up to speed ahead of official pre-season running.

    However, the threat of poor weather conditions has forced Ferrari to strike up a ‘Plan B’ for Hamilton’s first outing, with the team reportedly prepared to postpone the test or move it to a different venue.

    At the time of writing, light rain and light winds are predicted in the Maranello region of Italy on Wednesday with a peak temperature of eight degrees Celsius.

    A recent report by respected Italian publication Auto Racer claimed that Ferrari could move the test to Mugello or Imola.

    Mugello famously hosted the Tuscan Grand Prix in a one-off event during the pandemic-affected 2020 season to mark Ferrari’s 1,000th F1 race, with Hamilton winning from pole position at the high-speed track.

    Imola, meanwhile, is the current home of the Emilia Romagna Grand Prix, with the legendary circuit remaining on the calendar since its long-awaited return in 2020, a race won by Hamilton as he closed in on equalling Michael Schumacher’s record of seven titles.

    Hamilton issued a short statement to mark his first day as a Ferrari driver, describing his arrival as a “new chapter” in the team’s history.

    He said: “There are some days that you know you’ll remember forever and today, my first as a Scuderia Ferrari HP driver, is one of those days.

    “I’ve been lucky enough to have achieved things in my career I never thought possible, but part of me has always held on to that dream of racing in red.

    “I couldn’t be happier to realise that dream today.

    “I’m incredibly grateful to John Elkann, Benedetto Vigna, Fred Vasseur and everyone at Ferrari for their trust in me and making me part of this family.

    “I’m so excited to start this new era and to meet and work with a hugely talented and inspiring group of people.

    “I’m dedicated to bringing everything I have to deliver for the team, the wider organisation and the fans.

    “Today we start a new chapter in the history of this iconic team, and I can’t wait to see what story we will write together.”

    More from PlanetF1.com on Lewis Hamilton and Ferrari

    Lewis Hamilton news

    Ferrari news

    Hamilton is set for a packed winter schedule ahead of his first season as a Ferrari driver, with his introductory test at Fiorano expected to be followed by another private run at the Circuit de Barcelona-Catalunya, the site of F1’s Spanish Grand Prix, next week.

    It means Hamilton is likely to have completed 1,000 kilometres over four separate test days – the maximum allowed for a full-time driver under the sport’s revised Testing of Previous Car [TPC] rules for F1 2025 – before the launch of Ferrari’s new car on February 19.

    The launch of the 2025 chassis – codenamed Project 677 – will come one day after F1’s first-ever season-launch event attended by all 10 teams in London, with Hamilton and team-mate Charles Leclerc set to drive the car in a shakedown following a short presentation.

    Hamilton and Leclerc will then head to Bahrain for F1’s official pre-season test between February 26-28 before returning to Italy for an event in Milan organised by Ferrari and new sponsor Unicredit in early March.

    The F1 2025 season will get underway with the Australian Grand Prix in Melbourne on March 16.

    Read next: The one piece of criticism you could never aim at Lewis Hamilton



    Recent reports have emerged suggesting that Lewis Hamilton’s long-rumored move to Ferrari may be under threat, as the Italian team has uncovered an emergency “Plan B” option.

    Hamilton, who has been linked with a move to Ferrari for several years, was believed to be close to making the switch for the upcoming season. However, it appears that negotiations have hit a roadblock, prompting Ferrari to consider other options.

    The emergency “Plan B” option reportedly involves signing another top driver to replace Hamilton in case the deal falls through. Names such as Max Verstappen, Daniel Ricciardo, and Carlos Sainz have all been mentioned as potential candidates for the seat at Ferrari.

    While Hamilton’s move to Ferrari seemed like a done deal, this latest development has thrown a curveball into the mix. It remains to be seen how this situation will unfold and whether Hamilton will ultimately make the switch to the iconic Italian team.

    Fans and experts alike are eagerly awaiting further developments in this saga, as the prospect of Hamilton driving for Ferrari would undoubtedly shake up the Formula 1 landscape. Stay tuned for more updates on this developing story.

    Tags:

    1. Lewis Hamilton
    2. Ferrari
    3. Plan B
    4. Formula 1
    5. Racing
    6. Grand Prix
    7. Motorsport
    8. Mercedes
    9. Championship
    10. Team Orders

    #Lewis #Hamiltons #Ferrari #threat #emergency #Plan #uncovered

  • Paperback vs. Hardcover: The Debate Uncovered

    Paperback vs. Hardcover: The Debate Uncovered


    When it comes to choosing between paperback and hardcover books, many readers find themselves torn between the two options. While both formats have their own unique advantages and disadvantages, the debate over which is better rages on. In this article, we will uncover the pros and cons of each format to help you make an informed decision.

    Paperback books are typically lighter and more compact than their hardcover counterparts, making them a popular choice for readers on the go. They are also generally less expensive to purchase, making them a more budget-friendly option for those looking to build their personal library. Additionally, paperback books are easier to hold and read, as they can be flexed and bent without fear of damaging the cover or spine.

    On the other hand, hardcover books are known for their durability and longevity. The hardcover binding and thicker, sturdier pages make them ideal for collectors and those looking to preserve their books for years to come. Hardcover books also often feature more intricate and visually appealing cover designs, making them a popular choice for gift-giving or displaying on a bookshelf.

    In terms of aesthetics, hardcover books are often seen as more prestigious and high-quality, while paperback books are considered more casual and disposable. However, the content of the book is what truly matters, regardless of the format it is presented in.

    Ultimately, the decision between paperback and hardcover comes down to personal preference and individual needs. If you prioritize portability and affordability, paperback books may be the better option for you. If you value durability and aesthetics, hardcover books may be the way to go.

    In conclusion, both paperback and hardcover books have their own unique qualities that make them appealing to readers. Whether you prefer the convenience of a paperback or the elegance of a hardcover, the most important thing is that you continue to enjoy the magic of reading. So next time you find yourself faced with the age-old debate, remember that the format of the book is just a small detail in the grand scheme of the reading experience.

  • PKI Uncovered: Certificate-Based Security Solutions for Next-Generation N – GOOD

    PKI Uncovered: Certificate-Based Security Solutions for Next-Generation N – GOOD



    PKI Uncovered: Certificate-Based Security Solutions for Next-Generation N – GOOD

    Price : 15.00

    Ends on : N/A

    View on eBay
    In today’s digital age, cybersecurity is more critical than ever. As organizations continue to face an increasing number of cyber threats, it’s imperative to implement robust security measures to protect sensitive data and systems. One solution that is gaining traction in the realm of cybersecurity is Public Key Infrastructure (PKI) – a certificate-based security solution that provides strong authentication and encryption for next-generation networks.

    PKI is a system that uses digital certificates to secure communications and verify the identities of users and devices. These certificates act as virtual IDs, allowing users to securely access networks and services while ensuring that only authorized individuals can access sensitive information. By using PKI, organizations can establish a secure and trusted environment for their digital transactions, protecting against unauthorized access and data breaches.

    One of the key benefits of PKI is its ability to provide end-to-end security for data in transit and at rest. With PKI, organizations can encrypt data to prevent interception and tampering, ensuring the confidentiality and integrity of their information. Additionally, PKI enables secure communication between users and devices, allowing organizations to authenticate users and devices before granting access to sensitive resources.

    In addition to enhancing security, PKI also offers scalability and flexibility, making it an ideal solution for next-generation networks. With PKI, organizations can easily manage and deploy digital certificates across their network, ensuring that all users and devices are properly authenticated and authorized. Furthermore, PKI can be integrated with other security technologies, such as multi-factor authentication and secure sockets layer (SSL), to create a comprehensive security strategy.

    Overall, PKI is a powerful and versatile security solution that can help organizations protect their digital assets and secure their networks. By implementing PKI, organizations can establish a trusted and secure environment for their digital transactions, safeguarding against cyber threats and data breaches. If you’re looking to enhance the security of your network, consider implementing PKI as a key component of your cybersecurity strategy.
    #PKI #Uncovered #CertificateBased #Security #Solutions #NextGeneration #GOOD

  • PKI Uncovered: Certificate-Based Security Solutions for Next-Generation N – GOOD

    PKI Uncovered: Certificate-Based Security Solutions for Next-Generation N – GOOD



    PKI Uncovered: Certificate-Based Security Solutions for Next-Generation N – GOOD

    Price : 17.50

    Ends on : N/A

    View on eBay
    PKI Uncovered: Certificate-Based Security Solutions for Next-Generation Networks

    In today’s rapidly evolving digital landscape, securing sensitive data and ensuring the integrity of communications is more crucial than ever. Public Key Infrastructure (PKI) is a powerful and versatile technology that provides a solid foundation for implementing robust security measures.

    PKI leverages the use of digital certificates to authenticate users, devices, and services, and to encrypt data in transit. By using asymmetric cryptography, PKI enables secure communication over untrusted networks, ensuring that only authorized parties can access and exchange information.

    With the rise of cloud computing, Internet of Things (IoT) devices, and remote work arrangements, the need for scalable and flexible security solutions has never been greater. PKI offers a reliable and scalable approach to securing network communications, making it an ideal choice for next-generation networks.

    By implementing PKI, organizations can establish a secure and trusted environment for their digital assets, protect against unauthorized access and data breaches, and comply with regulatory requirements. From securing email communications and web applications to authenticating users and devices, PKI provides a comprehensive security framework for modern networks.

    In conclusion, PKI is a proven and effective technology for implementing certificate-based security solutions in next-generation networks. By leveraging the power of digital certificates, organizations can enhance their security posture, mitigate risks, and safeguard their sensitive information. Embracing PKI is essential for staying ahead in today’s fast-paced and interconnected world.
    #PKI #Uncovered #CertificateBased #Security #Solutions #NextGeneration #GOOD

  • Common Issues Uncovered During Data Center Inspections and How to Address Them

    Common Issues Uncovered During Data Center Inspections and How to Address Them


    Data centers play a crucial role in the functioning of businesses and organizations in today’s digital age. They house critical IT infrastructure and store vast amounts of data, making them vital to daily operations. However, like any other facility, data centers are prone to issues that can impact their performance and reliability. Regular inspections are essential to identify and address these issues before they escalate into major problems. In this article, we will discuss some common issues uncovered during data center inspections and how to address them.

    1. Overheating: One of the most common issues in data centers is overheating. High temperatures can lead to equipment failure and data loss. During inspections, it is important to check the cooling systems, such as air conditioning units and cooling fans, to ensure they are functioning properly. Additionally, proper airflow management is crucial to prevent hot spots. Installing temperature sensors and monitoring software can help identify overheating issues early on.

    2. Power outages: Power outages can cause downtime and data loss in data centers. Inspections should include checking the electrical systems, such as UPS units and generators, to ensure they are in good working condition. Regularly testing backup power systems and conducting load tests can help prevent power-related issues.

    3. Cable management: Poor cable management can lead to a tangled mess of cables, which can impede airflow and make it difficult to troubleshoot issues. During inspections, it is important to check the organization of cables and ensure they are properly labeled. Implementing cable management best practices, such as using cable trays and racks, can help maintain a clean and organized data center environment.

    4. Security vulnerabilities: Data centers store sensitive information, making them a prime target for cyber attacks. Inspections should include assessing the physical security measures, such as access control systems and surveillance cameras, as well as the cybersecurity measures, such as firewalls and encryption. Regular security audits and penetration testing can help identify and address security vulnerabilities before they are exploited by malicious actors.

    5. Environmental factors: Environmental factors, such as humidity and dust, can impact the performance of data center equipment. Inspections should include checking the environmental controls, such as humidity sensors and air filters, to ensure they are maintaining optimal conditions. Implementing proper environmental monitoring and maintenance practices can help prevent issues caused by environmental factors.

    In conclusion, data center inspections are crucial for identifying and addressing common issues that can impact the performance and reliability of IT infrastructure. By proactively addressing issues such as overheating, power outages, cable management, security vulnerabilities, and environmental factors, organizations can ensure their data centers operate efficiently and securely. Regular inspections, along with proper maintenance and monitoring practices, are essential for maintaining a reliable and resilient data center environment.

Chat Icon