06.08.21

Australian financial crime watchdog widens probe on casinos already reeling from COVID

Australia's anti-money-laundering agency on Monday widened a probe into due diligence at casinos to include the three biggest operators, ratcheting up pressure on a sector already struggling with the pandemic and heightened regulatory scrutiny.



06.08.21

DHL's Italian subsidiary investigated for tax fraud

Italian tax police have seized assets worth more than 20 million euros ($24 million) from the local unit of logistics giant Deutsche Post DHL as part of a fraud investigation, a judicial document seen by Reuters showed on Monday.



06.08.21

El Salvador ends anti-corruption accord with OAS, dismaying U.S.

El Salvador on Friday pulled out of an anti-corruption accord with the Organization of American States (OAS) in protest at an OAS decision to take on as an adviser an opposition politician under investigation, and also ordered his arrest.



06.08.21

FCA gives UK crypto eight months to get its anti-money laundering measures in-order

The deadline for UK cryptoasset firms to fully register and comply with the Financial Conduct Authority's rules has been pushed back to March 2022 after the regulator said many applicants are still failing to comply.



06.08.21

U.S. expresses 'deep concern' about Guatemala anti-corruption backlash

U.S. Secretary of State Antony Blinken expressed "deep concern" to his Guatemalan counterpart on Friday about efforts to abolish a leading anti-corruption unit in the attorney general's office, a U.S. spokesman said.



06.07.21

Biden's anti-corruption memo is good news - and essential to US national security

Biden's anti-corruption memo is good news - and essential to US national security



06.07.21

A large number of UK crypto firms are not meeting anti-money laundering standards, the national regulator has said

A significantly large number of cryptocurrency firms are not meeting the required anti-money laundering standards, the UK's financial watchdog has said.



06.07.21

Financial advisors feel pull of cryptocurrency wave as more clients express interest

When the market was crashing in March 2020, financial advisor Ivory Johnson, founder of Delancey Wealth Management, decided it was time to introduce cryptocurrencies to his clients.



06.07.21

NAB facing AUSTRAC investigation over potential 'serious and ongoing' breaches

National Australia Bank is facing allegations of potentially serious and ongoing non-compliance with anti-money laundering laws, with the financial crimes watchdog launching a formal investigation into whether to take legal action.



06.07.21

Federal Grand Jury Returns Charges against Two Individuals for Covid-19 Fraud

The U.S. Attorney's Office for the District of Colorado announces that Russell Foreman and Chandler Simbeck were indicted by a Federal Grand Jury on May 18, 2021, on charges of wire fraud, money laundering and conspiracy to defraud the United States.



06.04.21

Tara Hanlon admits $5m money laundering offences

Tara Hanlon, 30, of Pelham Court, Leeds, was arrested as she tried to board a flight to Dubai on 3 October 2020 with more than ?1.9m in cash.



06.04.21

Crypto firms fall short on anti-money laundering rules, UK watchdog says

Many cryptocurrency firms are not meeting Britain's anti-money laundering and counter-terrorism financing rules, the country's financial watchdog said on Thursday, showing how some parts of the emerging sector are struggling to meet required standards.



06.04.21

Fraud: why millennials are most at risk of online scams

You might assume a typical scam victim would be an elderly person, but new research from Visa has revealed this isn't the case at all.



06.04.21

Biden puts anti-corruption at center of foreign policy, with focus on crypto and cybersecurity

President Joe Biden is placing global anti-corruption efforts at the center of U.S. foreign policy, issuing a new directive to federal agencies to prioritize efforts to confront the problem.



06.04.21

Economic crime UK legislative reforms: impact for businesses

Economic crime reform is firmly on the UK government's agenda. What can we expect to see in the short to medium term which may impact businesses? A recent update provides some clues.



06.03.21

Six people charged with laundering over $3.5M earned through romance scams

An elaborate romance scam that duped lovestruck victims was assisted by six people - including three New Yorkers - who laundered more than $3.5 million, prosecutors charged Wednesday.



06.03.21

How Do You Know Crypto Is Winning? Look Where the Talent Is Going

Crypto is poaching top talent from financial and technology giants.



06.03.21

China ups fines and widens scope of draft money laundering law

China's central bank on Tuesday issued a revised draft anti-money laundering law, under which fines for certain offences would rise to as much as 10 million yuan ($1.6 million) and a host of non-financial institutions would be brought within its scope.



06.03.21

Millions Laundered Through Crypto Money Services Operation Triggers Prison Sentence

A California man will spend time behind bars for a Bitcoin money-laundering operation, after being nabbed by undercover agents.



06.03.21

Man Sentenced for his Role in Directing COVID-19 Relief Fraud Scheme

A Wisconsin man was sentenced today to 57 months in prison for fraudulently obtaining over $1 million in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.



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