Loomis AB, a publicly traded cash transport and processing company based in Sweden, released a press statement on May 8, 2019 in response to allegations by a Danish journalist that the company had participated in a complex money laundering scheme by providing cash to a currency exchange office in Denmark. Loomis indicated that it has decided to launch both internal and external investigations into the matter.
May 8, 2019
Loomis investigates money laundering allegations
Related by Topic
New Post
Former media company CFO enters guilty plea for role in transnational money laundering scheme
July 21, 2026
News Alert
New Post
Federal Reserve requests public comment on changes to AML requirements
July 13, 2026
News Alert
Community bank to pay $9.7 Million to resolve DOJ investigation into BSA violations
July 6, 2026
News Alert