News and Blogs

The Sex Business: Prostitutes and Blackmail

Read here: https://tohff.com/2022/09/12/sex-business/

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AUSTRAC commences investigation into Entain Group Pty Ltd

Read here: https://www.austrac.gov.au/news-and-media/media-release/austrac-commences-investigation-entain-group-pty-ltd

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Men jailed for importing 645kg of MDMA hidden in barbeques

Read here: https://www.afp.gov.au/news-media/media-releases/men-jailed-importing-645kg-mdma-hidden-barbeques

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How gold mining in Ghana is threatening Swiss chocolate

Read here: https://www.swissinfo.ch/eng/how-gold-mining-in-ghana-is-threatening-swiss-chocolate/47870756

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Office of the Comptroller of the Currency (OCC) zeroes in on bank-fintech partnership risk

Read here: https://www.bankingdive.com/news/occ-michael-hsu-bank-fintech-partnership-risk/631436/

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Las Vegas reporter stabbed to death spent career chasing corruption

Read here: https://www.theguardian.com/us-news/2022/sep/10/las-vegas-reporter-jeff-german-killed-corruption

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Florida govt warns against auto warranty scammers asking crypto payments

Read here: https://cointelegraph.com/news/florida-govt-warns-against-auto-warranty-scammers-asking-crypto-payments

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SEC Enforcement Chief: We Can’t Ignore Crypto Law-Breaking

Read here: https://www.coindesk.com/policy/2022/09/09/sec-enforcement-chief-says-agency-cant-ignore-law-breaking-in-crypto/

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Dubai Court Rejects Danish Extradition Request for Financier

Read here: https://www.voanews.com/a/6743583.html

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Montenegro Seizes Illegal Cigarettes Worth US$3 Million

Read here: https://www.occrp.org/en/daily/16756-montenegro-seizes-illegal-cigarettes-worth-us-3-million

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Tax haven Ireland to face UN spotlight over child rights impacts of fiscal policies

Read here: https://taxjustice.net/2022/09/12/tax-haven-ireland-to-face-un-spotlight-over-child-rights-impacts-of-fiscal-policies/

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Hackers Moved $500K Stolen Funds To Tornado Cash Undermining The Ban

Read here: https://bitcoinist.com/hackers-moved-500k-stolen-funds-to-tornado-cash/

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Preliminary Guidance on Implementation of a Maritime Services Policy and Related Price Exception for Seaborne Russian Oil

Read here: https://home.treasury.gov/system/files/126/cap_guidance_20220909.pdf

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Aussies already lost $242M to investment and crypto scams in 2022

Read here: https://cointelegraph.com/news/aussies-already-lost-242m-to-investment-and-crypto-scams-in-2022

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Corumbá: The Beating Heart of Bolivia-Brazil Smuggling

Read here: https://insightcrime.org/news/corumba-beating-heart-bolivia-brazil-smuggling/

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WazirX bank accounts unfrozen, even as India’s Enforcement Directorate (ED) investigation continues

Read here: https://www.techcircle.in/2022/09/12/wazirx-bank-accounts-unfrozen-even-as-ed-investigation-continues

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Members on the run as drugs cartel disintegrates

Read here: https://www.thetimes.co.uk/article/kinahans-on-the-run-as-drugs-cartel-disintegrates-j3krwt5hh

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Bitcoin ATMs are spreading. They’re legal but can be tools for cyber crooks

Read here: https://www.miamiherald.com/news/local/crime/article265071684.html

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Australia: Fraud-prone ‘Golden Ticket’ visa likely to be axed

Read here: https://www.afr.com/politics/fraud-prone-golden-ticket-visa-likely-to-be-axed-20220911-p5bh5o

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Bankrupt lawyer Olena Tyshchenko pleads for £5m home

Read here: https://www.thetimes.co.uk/article/bankrupt-lawyer-olena-tyshchenko-pleads-5m-home-gjs6gj60m

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Polygon CSO blames Web2 security gaps for recent spate of hacks

Read here: https://cointelegraph.com/news/polygon-cso-blames-web2-security-gaps-for-recent-spate-of-hacks

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US ‘agrees’ to release Afghan funds through Swiss bank

Read here: https://www.trtworld.com/asia/exclusive-us-agrees-to-release-afghan-funds-through-swiss-bank-60646

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More than 1.1m sea turtles illegally killed over past 30 years, study finds

Read here: https://www.theguardian.com/environment/2022/sep/09/more-than-11m-sea-turtles-illegally-killed-over-past-30-years-study-finds

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UK Financial Ombudsman warns consumers about rise in investment scams

Read here: https://www.financial-ombudsman.org.uk/news-events/consumers-warned-about-rise-in-investment-scams

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Canadian banks target accounts of Muslim institutions “on suspicion of terror financing”

Read here: https://www.aa.com.tr/en/americas/canadian-banks-target-accounts-of-muslim-institutions-on-suspicion-of-terror-financing/2680269

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Ex-president demands inquiry into Marshall Islands ‘mini-state plot’

Read here: https://www.theguardian.com/world/2022/sep/08/call-investigation-marshall-islands-chinese-couple-alleged-plot-mini-state

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Steve Bannon charged with money laundering and conspiracy in New York

Read here: https://www.theguardian.com/us-news/2022/sep/08/steve-bannon-border-wall-charges-surrender

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Money laundering through the gambling industry

Read here: https://baselgovernance.org/sites/default/files/2022-09/QG28%20gambling.pdf

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De Nederlandsche Bank (DNB) says fight against money laundering must be more focused

Read here: https://www.dnb.nl/en/general-news/2022/fight-against-money-laundering-must-be-more-focused/

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The Sandbox’s Instagram account compromised, hackers try to rent BAYC NFTs

Read here: https://cointelegraph.com/news/the-sandbox-s-instagram-account-compromised-hackers-try-to-rent-bayc-nfts

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Former Paramilitary Hernán Giraldo Charged With Child Sexual Abuse in Colombia

Read here: https://insightcrime.org/news/paramilitary-hernan-giraldo-sexual-abuse-colombia/

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Albania Accuses Iran Of Second Cyberattack Days After Severing Ties With Tehran Over First One

Read here: https://www.rferl.org/a/iran-condemns-us-sanctions-cyberattack-albania/32027533.html

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Real Money, Fake Musicians: Inside a Million-Dollar Instagram Verification Scheme

Read here: https://www.propublica.org/article/instagram-spotify-verified-fake-musicians

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India: RBI imposes penalties on 3 entities for non-compliance

Read here: https://bfsi.economictimes.indiatimes.com/news/policy/rbi-imposes-penalties-on-3-entities-for-non-compliance/94108213

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Need for a European centre of excellence for anti-money laundering, compliance

Read here: https://timesofmalta.com/articles/view/need-european-centre-excellence-antimoney-laundering-compliance.979691

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Barclays faces £54m High Court claim from ‘Britain’s FBI’

Read here: https://www.telegraph.co.uk/business/2022/09/11/barclays-faces-54m-high-court-claim-britains-fbi/

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How to wash $60m: Inside the shadowy world of money laundering

Read here: https://www.smh.com.au/national/how-to-wash-60m-inside-the-shadowy-world-of-money-laundering-20220811-p5b8zu.html

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Bentley Mulsanne stolen from London discovered almost 5,000 miles away in Pakistan

Read here: https://news.sky.com/story/bentley-mulsanne-stolen-from-london-discovered-almost-5-000-miles-away-in-pakistan-12692549

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