Fugitive Financial News

crab-walking” out of a Pennsylvania jail has been captured, police say.Pennsylvania State Police announced the capture of 34-year-old Danelo Cavalcante in a post Wednesday morning on X.Lt. Col.

Thaksin Shinawatra on Tuesday set foot on home soil for the first time since 2008, returning from self-exile to a Bangkok jail just hours before his allies attempt to form a government after weeks of political deadlock. Thaksin, the billionaire figurehead of the populist juggernaut Pheu Thai Party, fled abroad 15 years ago before he was jailed in absentia for abuse of power, two years after the military overthrew him and accused him of corruption and disloyalty to the powerful monarchy, which he denied. Thaksin appeared briefly with family members at a private jet terminal at Bangkok's Don Mueang airport, smiling and waving to hundreds of ecstatic supporters, before he was escorted by police to the Supreme Court, then to a prison to serve a term of eight years. As he emerged from the airport wearing a black suit, red tie and yellow lapel pin bearing a royal insignia, Thaksin bowed to the crowd in a traditional «wai» greeting before kneeling to pay respects before a portrait of the king and queen. «For the past 17 years, you felt isolated, lonely, troubled and missing home but you persevered,» said Thaksin's sister Yingluck, whose three-year stint as prime minister also ended in a coup, a criminal conviction and self-exile. «I will be strong and persevere.

Vincenzo La Porta, a 60-year-old on Italy's most-wanted list, was spotted in a photo taken during the Napoli fans' festivities at a restaurant on the Greek island. La Porta, considered associated with the Naples-based Camorra crime syndicate, had been evading authorities for 11 years. However, his passion for soccer and hometown team Napoli ultimately proved to be his downfall. Italian Carabinieri police tracked down the fugitive after spotting him holding a sky-blue scarf, Napoli's team colors, in the celebratory photo. With help from Greek authorities, La Porta was arrested while riding a motor scooter on Corfu.

Nicholas Rossi (aka Arthur Knight) as dishonest, deceitful, evasive, and manipulative, as per a report.

Enforcement Directorate has booked 19 people under the Fugitive Economic Offenders Act and out of that 10 persons have been declared as Fugitive Economic Offenders by various courts, the government told parliament Tuesday. These economic offenders were involved in fraud of over Rs 40,000 crores.

A man accused of instigating a hostage standoff and throwing furniture from a 21st-floor window at Caesars Palace on the Las Vegas Strip is a fugitive wanted for kidnapping in another state

Punjab National Bank (PNB) on Wednesday moved an application before a special court seeking the release of the ₹71 crore worth of property owned by fugitive diamond merchant Nirav Modi, who is accused of duping the bank, to recover a part of its dues, according to PTI reports.  Nirav Modi was declared a 'fugitive economic offender' in December 2019, and his uncle Mehul Choksi is accused of committing a ₹14,000 crore scam by obtaining credit facilities fraudulently from the PNB and several of the former's properties, as well as that of his kin, were attached by the Enforcement Directorate under the provisions of the Prevention of Money Laundering Act. Currently, only ₹1,066.41 crore of properties have been released from attachment under the PMLA and this value is grossly insufficient to meet the quantifiable loss, it said.  It added that there is an immediate need for the speedy disposal of the assets to realize their best value.

Beijing Youth Daily reported. Zhou’s accomplices were arrested soon after the crime, but he had managed to stay at large until the end of June when Hubei police apprehended him in the southern city of Guangzhou, where he had been hiding, the report said. A viral video showed that as police officers took Zhou away to board a train back to Hubei, he asked his wife to divorce him and remarry.

Terraform Labs, and one of his aides to four months in prison on charges of using fake passports. Kwon, 32, who was behind cryptocurrencies that suffered a multi-billion dollar crash last year, and his chief financial officer, identified only by his surname Han, were arrested at Podgorica Airport on March 23 after attempting to travel to Dubai with forged passports, reports Yonhap News Agency. The Basic Court in Podgorica announced on its website, it handed four-month prison terms to both. They denied the charges during previous hearings. Earlier this month, the court granted bail to both on the condition that they each pay 400,000 euros ($428,241) in bail money and are placed in confinement under police surveillance.

Police in Montenegro have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea in connection with a $40 billion (€37 billion) crash of the firm’s cryptocurrency that devastated retail investors around the world, the country’s interior minister said on Thursday.

Kwon was arrested by Interpol at Podgorica airport on Thursday, after providing falsified documents from Costa Rica while attempting to board a flight to Dubai.

Singapore authorities have launched a probe into Do Kwon's Terraform Labs, the entity that developed the now-collapsed TerraUSD stablecoin.

Crypto fugitive Do Kwon received a boost after a court allowed an executive linked to his collapsed Terraform Labs ecosystem to avoid jail and indicated room for dispute over some of the allegations the person faces.

Terraform Labs co-founder has denied being in hiding after South Korean authorities asked Interpol to issue a red notice for his arrest.

Fugitive Turkish crypto fraud suspect arrested in Albania resort

An Italian mafia fugitive on the run for 20 years was caught by police in Spain after being identified on Google.