Compliance & Anti-Financial Crime
Leadership | Insight | Network

Banking, Compliance News, Featured Article

Ex-chief of Austrian bank arrested for his role in a $170M laundering and bribery scheme

By Dan Byrne for AMLi

THE FORMER HEAD of an Austrian bank has been arrested in Britain on US orders – charged for his role in a multi-million dollar laundering and bribery scheme.

Peter Weinzierl – once the chief executive at Meinl Bank – is accused of channelling over $170M in fraudulent cash across borders and continents over the course of a decade.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!