News and Blogs

Venezuela oil official sent to prison for 2 years for bribes

Read here: https://abcnews.go.com/International/wireStory/venezuela-oil-official-prison-years-bribes-77519152

Read More

Kenya’s Zoo FC hit back at FIFA match manipulation sanctions

Read here: https://www.bbc.co.uk/sport/africa/56997126

Read More

EU-China investment deal put on ice over sanctions

Read here: https://www.egyptindependent.com/eu-china-investment-deal-put-on-ice-over-sanctions/

Read More

Malabu: JPMorgan received warning over $875m payment, memo shows

Read here: https://punchng.com/malabu-jpmorgan-received-warning-over-875m-payment-memo-shows/

Read More

Former Calexico City Officials Sentenced to Prison for Bribery

Read here: https://www.justice.gov/usao-sdca/pr/former-calexico-city-officials-sentenced-prison-bribery

Read More

Three months on from the military coup, what should the international community do to support the people of Myanmar?

Read here: https://www.globalwitness.org/en/blog/three-months-military-coup-what-should-international-community-do-support-people-myanmar/

Read More

New free book: ‘Combating Fiscal Fraud and Empowering Regulators’ [download link in article]

Read here: https://www.taxjustice.net/2021/05/07/new-free-book-combating-fiscal-fraud-and-empowering-regulators/

Read More

Furlough: Pair arrested over £3.4m job scheme fraud

Read here: https://www.bbc.co.uk/news/uk-england-leeds-57027046

Read More

Germany’s Dolphin Trust was a pyramid scheme, causing devastation for investors

Read here: https://www.dw.com/en/germanys-dolphin-trust-was-a-pyramid-scheme-causing-devastation-for-investors/a-57431023

Read More

Four Individuals Plead Guilty to RICO Conspiracy Involving “Bulletproof Hosting” for Cybercriminals

Read here: https://www.justice.gov/opa/pr/four-individuals-plead-guilty-rico-conspiracy-involving-bulletproof-hosting-cybercriminals

Read More

Qatar finance minister arrested in corruption investigation

Read here: https://apnews.com/article/middle-east-qatar-arrests-business-eb4712950836b4e45698e6e0821f5ae6

Read More

California money launderer for Mexican drug cartel sentenced to nearly 5 years in prison

Read here: https://www.justice.gov/usao-wdwa/pr/california-money-launderer-mexican-drug-cartel-sentenced-nearly-5-years-prison

Read More

Weaponized Drones in Mexico: Game-Changer or Gimmick?

Read here: https://insightcrime.org/news/weaponized-drones-mexico-game-changer-gimmick/

Read More

European Payments Council requests proposal for real-time fraud platform

Read here: https://www.paymentscardsandmobile.com/european-payments-council-requests-proposal-for-real-time-fraud-platform/

Read More

Najib’s RM27 mln money-laundering trial to start in August, continue in March and April 2022

Read here: https://www.theborneopost.com/2021/05/06/najibs-rm27-mln-money-laundering-trial-to-start-in-august-continue-in-march-and-april-2022/

Read More

Canada: Money-laundering inquiry calls back ex-minister over inconsistencies during 1st round of testimony

Read here: https://www.cbc.ca/news/canada/british-columbia/rich-coleman-money-laundering-testimony-bc-cullen-commission-1.6014754

Read More

Danske Bank Watchdog Calls for EU Debate on Client Secrecy Rules

Read here: https://www.bloomberg.com/news/articles/2021-05-07/danske-bank-watchdog-calls-for-eu-debate-on-client-secrecy-rules

Read More

DeFi More Disruptive to Banks Than Bitcoin, Says ING

Read here: https://www.coindesk.com/defi-more-disruptive-to-banks-than-bitcoin-says-ing

Read More

FCA fines Sapien Capital Ltd for serious financial crime control failings in relation to cum/ex trading

Read here: https://www.fca.org.uk/news/press-releases/fca-fines-sapien-capital-ltd-serious-financial-crime-control-failings-relation-cum-ex-trading

Read More

The hacker, the tax haven, and what $200 million in offshore deposits can tell us about the fight against illicit wealth

Read here: https://www.brookings.edu/blog/future-development/2021/05/05/the-hacker-the-tax-haven-and-what-200-million-in-offshore-deposits-can-tell-us-about-the-fight-against-illicit-wealth/

Read More

INTERPOL launches app to better protect cultural heritage

Read here: https://www.interpol.int/en/News-and-Events/News/2021/INTERPOL-launches-app-to-better-protect-cultural-heritage

Read More

Two men arrested with 7 kg radioactive uranium in Mumbai

Read here: https://www.indiatoday.in/amp/cities/mumbai/story/two-men-arrested-with-7-kg-radioactive-uranium-in-mumbai-1799552-2021-05-06

Read More

How Hezbollah built a drug empire via its ‘narcoterrorist strategy’

Read here: https://www.arabnews.com/node/1852636/middle-east

Read More

NYDIG CEO Explains How Latest Partnership Could Bring Bitcoin to 300M US Bank Accounts

Listen here: https://www.coindesk.com/podcasts/coindesk-podcast-network/nydig-ceo-bitcoin-300m-bank-accounts

Read More

Bankrolling Tyranny: The Tatmadaw’s Military-Run Business Empire

Read here: https://www.strifeblog.org/2021/05/05/bankrolling-tyranny-the-tatmadaws-military-run-business-empire/

Read More

Nasdaq Stockholm fines Swedbank SEK 46.6 million for shortcomings in AML processes

Read here: https://www.swedbank.com/newsroom/press-releases.details.1C4F3A4E6E016A1E.html

Read More

Brazil Sex Traffickers Brought Down by Cloned Credit Card

Read here: https://insightcrime.org/news/brazil-sex-traffickers-brought-down-by-cloned-credit-card/

Read More

Read More

U.S. backing for Guatemala drug cartel fight key to ending graft, minister says

Read here: https://www.swissinfo.ch/eng/reuters/exclusive–u-s–backing-for-guatemala-drug-cartel-fight-key-to-ending-graft–minister-says/46594026

Read More

Defendant in Scheme to Steal Digital Currency and Social Media Accounts Pleads Guilty and is Sentenced to Two Years in Federal Prison

Read here: https://www.justice.gov/usao-md/pr/defendant-scheme-steal-digital-currency-and-social-media-accounts-pleads-guilty-and

Read More

The EBA consults on its proposals for a central AML/CFT database

Read here: https://www.eba.europa.eu/eba-consults-its-proposals-central-amlcft-database

Read More

Ukraine’s ‘Internal Threat’ On Blinken’s Plate After Naftogaz CEO Fired

Read here: https://www.rferl.org/a/ukraine-naftogaz-blinken-corruption-zelenskiy-kobolyev/31237722.html

Read More

UK: Economic Crime Strategic Board 17 February 2021 agenda and minutes [released May 2021]

Read here: https://www.gov.uk/government/publications/economic-crime-strategic-board-minutes-and-agenda-17-february-2021/economic-crime-strategic-board-17-february-2021-agenda-and-minutes

Read More

Ten years on from an AML hiatus, what has changed?

    In June 2011 the Financial Conduct Authority (FCA), known at the time as the Financial Services Authority (FSA), published the findings of a thematic review* of the high […]

Read More

WallStreetBets Members May Have Lost Over $2M to Telegram Crypto Scam: Report

Read here: https://www.coindesk.com/wallstreetbets-members-may-have-lost-over-2m-to-telegram-crypto-scam-report

Read More

Kim Kardashian Must Forfeit an Ancient Roman Sculpture That Experts Say Was Looted From Italy

Read here: https://news.artnet.com/art-world/kim-kardashian-looted-italian-sculpture-1964390

Read More

3D Printed Shark Fins to Help Customs Officials Detect Real Ones

Read here: https://www.occrp.org/en/daily/14344-3d-printed-shark-fins-to-help-customs-officials-detect-real-ones

Read More

Man who sold his bank account to Romanian organised crime group is jailed for money laundering

Read here: https://www.thejournal.ie/money-laundering-sentencing-5429302-May2021/

Read More

WallStreetBets Founder to Launch Blockchain App to Combat ‘Market Manipulation’

Read here: https://www.coindesk.com/wsb-wallstreetbets-decentralized-app-etps

Read More

Asic accuses Westpac of insider trading over $12bn Ausgrid privatisation deal

Read here: https://www.theguardian.com/australia-news/2021/may/05/asic-accuses-westpac-of-insider-trading-over-12bn-ausgrid-privatisation-deal

Read More