05.12.21

Former Live Well CEO Convicted in $200 Million Bond Fraud

The founder and former CEO of reverse mortgage originator Live Well Financial has been convicted of securities fraud, wire fraud, and bank fraud charges for fraudulently inflating the value of a bond portfolio owned by the company.



05.12.21

Pandemic Brings Financial Fraud Into the Limelight With Almost 1-in-5 UK Respondents Becoming First-time Victims Following Covid-19 Lockdowns

New Marqeta survey shows that 68% of people surveyed in the UK are more concerned about fraud since the start of the pandemic, with 79% believing banks should more accurately predict fraudulent transactions



05.12.21

Why do we allow money laundering in the auto industry?

Canada has a money laundering problem, and nowhere is it more apparent than in British Columbia



05.12.21

What's Going On With EOS Cryptocurrency?

Get $100,000 to practice your trading skills. Every new account on eToro is credited with $100,000 in a virtual portfolio, so you can practice trading risk-free.



05.12.21

Ex-UAW President Dennis Williams gets 21-month sentence in corruption probe

Dennis Williams, who rose through the ranks to lead one of the most important unions in the United States as president of the UAW, is heading to prison for his role in the long-running corruption scandal.



05.10.21

Mexico president says U.S. finances anti-corruption 'coup plotters' group

Mexico has sent a diplomatic note asking the United States to suspend funding for an anti-corruption group critical of the government, President Andres Manuel Lopez Obrador said on Friday.



05.10.21

Arnold Schwarzenegger Follows Warren Buffett's Crypto Investment Strategy, Keeps Away From Bitcoin

Former Governor of California Arnold Schwarzenegger has confirmed that he does not invest in bitcoin or any other cryptocurrencies. He says that he is "like Warren Buffett" in that he does not invest in things he does not understand.



05.10.21

Why KYC and financial crime compliance matters

Although the phrase 'know your customer' may seem insignificant to most people, it is of significant importance for banks.



05.10.21

Google teams up with Stop Scams to tackle financial fraud in the UK

Google has joined Stop Scams and outlined new measures to try and clamp down on financial fraud in the United Kingdom.



05.10.21

Pension giant Aviva backs calls for Government crackdown on financial fraud after its brand is hijacked by criminals

Aviva has backed calls for a Government crackdown on financial fraud after its brand was hijacked by criminals.



05.07.21

This crypto claims to solve bitcoin's biggest problem

Bitcoin may be the king of cryptocurrencies, but it's facing an environmental backlash over the energy-intensive technology underpinning it.



05.07.21

U.S. targets Central America officials for possible sanctions over corruption

The Biden administration plans to release by the end of June a list of corrupt Central American officials who may be subject to sanctions, a U.S. special envoy told Reuters, as Washington seeks to cut back on a root cause of increased migration to the U.S.-Mexican border.



05.07.21

New York City Man Charged with Nearly $4 Million COVID-19 Relief Fraud Scheme and Money Laundering

A criminal complaint was filed in the District of New Jersey today charging a dual-resident of New York and Florida with fraudulently obtaining and laundering nearly $4 million in funds from the COVID-19 relief Paycheck Protection Program (PPP).



05.07.21

Nicaragua to vote on changes to anti-money laundering law

Nicaragua's national assembly will vote on changes to the anti-money laundering law and the law on development bank Produzcamos following discussions at committee level.



05.07.21

Owner of Bay Area construction firm admits to fraud, money laundering

The owner of a Bay Area construction firm admitted to committing felony workers' compensation insurance fraud after years of firing employees when they requested medical treatment for work-related injuries, Santa Clara County prosecutors said.



05.06.21

U.S. targets Central America officials for possible sanctions over corruption

The Biden administration plans to release by the end of June a list of corrupt Central American officials who may be subject to sanctions, a U.S. special envoy told Reuters, as Washington seeks to cut back on a root cause of increased migration to the U.S.-Mexican border.



05.06.21

Dogecoin rally is a 'middle finger' to the financial system, says crypto bull Mike Novogratz

Dogecoin's massive rally this year can be seen as a kind of "middle finger" to the traditional financial system, longtime crypto bull Mike Novogratz told CNBC on Wednesday.



05.06.21

Swedbank fined $5 mln by Nasdaq Stockholm for poor money laundering controls

Swedish lender Swedbank has been fined 46.6 million Swedish crowns ($5.50 million) by the Nasdaq Stockholm for shortcomings in the bank's anti-money laundering controls between December 2016 and February 2019, the bank said on Wednesday.



05.06.21

Democrats ask Treasury to bolster anti-money laundering reporting

Two congressional Democrats sent a letter to Treasury Secretary Janet Yellen on Monday requesting the department bolster anti-money laundering reporting obligations for private equity and hedge fund advisers in an effort to "prevent foreign kleptocrats from moving dirty money through the U.S. and global financial systems."



05.06.21

Italian-German Europol operation detains 31 mafia suspects over drug trafficking and money laundering

Europol has announced the arrests in an international operation with German and Italian authorities, as officers targeted members of the 'Ndrangheta mafia group over allegations of drug trafficking and money laundering.



Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text.

Start typing and press Enter to search