News and Blogs

The suspected gangster at the heart of world boxing

Read here: https://www.bbc.co.uk/news/extra/1y3kadznaf/the-suspected-gangster-at-the-heart-of-world-boxing

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Ukrainian Security Service Raids Aeronautics Firm’s Board Meeting After Kyiv Sanctions Potential Investors

Read here: https://www.rferl.org/a/ukraine-raids-motor-sich-board-meeting-chinese-investors-sanctions/31078973.html

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Singapore Police and MAS Launch Probe Into Crowdfunding Platform CoAssets

Read here: https://fintechnews.sg/47835/fintech/singapore-police-and-mas-launch-probe-into-crowdfunding-platform-coassets/

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UK firms part ways with stricken Kenyan betting giant SportPesa

Read here: https://www.financeuncovered.org/investigations/uk-firms-part-ways-with-stricken-kenyan-betting-giant-sportpesa/

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Consider consequences for BoE’s Bailey over LCF collapse – report author

Read here: https://www.reuters.com/article/britain-parliament-lcf/consider-consequences-for-boes-bailey-over-lcf-collapse-report-author-idUSL8N2K754O

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India Minister Suggests Modi Government Not Planning Outright Crypto Ban

Read here: https://www.coindesk.com/india-minister-suggests-modi-government-not-planning-outright-crypto-ban

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Former Natural Gas Trader Pleads Guilty for Role in Commodities Insider Trading Scheme

Read here: https://www.justice.gov/opa/pr/former-natural-gas-trader-pleads-guilty-role-commodities-insider-trading-scheme

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Two FBI agents shot dead while serving warrant in south Florida

Read here: https://www.theguardian.com/us-news/2021/feb/02/two-fbi-agents-shot-dead-florida

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Australian officials seek AU$32 million from couple flagged by Panama Papers

Read here: https://www.icij.org/investigations/panama-papers/australian-officials-seek-au32-million-from-couple-flagged-by-panama-papers/

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Two Women Indicted on Charges Stemming From $100 Million Home Health Care Fraud and Money Laundering Scheme

Read here: https://www.justice.gov/usao-ma/pr/two-women-indicted-charges-stemming-100-million-home-health-care-fraud-and-money

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Got a package you didn’t order? It could be a scam

Read here: https://edition.cnn.com/2021/01/23/business/package-didnt-order-brushing/index.html

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Legal failings leave illegal loggers unpunished and certified in Indonesia

Read here: https://news.mongabay.com/2021/02/illegal-logging-law-enforcement-indonesia-study/

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FinCEN: Advisory on COVID-19 Health Insurance- and Health Care-Related Fraud

Read here: https://www.fincen.gov/sites/default/files/advisory/2021-02-02/COVID-19%20Health%20Care%20508%20Final.pdf

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Montreal man extradited, while on beach trip, to face U.S. fraud, money-laundering charges

Read here: https://montreal.ctvnews.ca/montreal-man-extradited-while-on-beach-trip-to-face-u-s-fraud-money-laundering-charges-1.5291278

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B.C. casino bosses complained that drug-trafficking probes were hurting business: inquiry

Read here: https://globalnews.ca/news/7612942/bc-casino-executives-complaints-cullen-commission/

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Analysis: Capital One Case Teaches Old and New AML Lessons

Read here: https://news.bloomberglaw.com/bloomberg-law-analysis/analysis-capital-one-case-teaches-old-and-new-aml-lessons

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Solicitor jailed for money laundering returns to profession

Read here: https://www.legalfutures.co.uk/latest-news/solicitor-jailed-for-money-laundering-returns-to-profession

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U.S.-Based Promoter of Foreign Cryptocurrency Companies Charged in over $11 Million Securities Fraud Scheme

Read here: https://www.justice.gov/opa/pr/us-based-promoter-foreign-cryptocurrency-companies-charged-over-11-million-securities-fraud

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U.K. Arrest in ‘SMS Bandits’ Phishing Service

Read here: https://krebsonsecurity.com/2021/02/u-k-arrest-in-sms-bandits-phishing-service/

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FinCEN: Paycheck Protection Program Frequently Asked Questions (FAQs) – Published 01 Feb 2021

Read here: https://www.fincen.gov/sites/default/files/shared/Paycheck_Protection_program_%20FAQs_Jan2021.pdf

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Russian Oligarch Has $1.5Bln in Foreign Assets Frozen Due to Sanctions

Read here: https://www.themoscowtimes.com/2021/02/01/russian-oligarch-has-15bln-in-foreign-assets-frozen-due-to-sanctions-a72792

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Sun, Sea And Scams: Six Arrests For Forging Money And Documents In Bulgaria

Read here: https://www.europol.europa.eu/newsroom/news/sun-sea-and-scams-six-arrests-for-forging-money-and-documents-in-bulgaria

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Ontario Man Agrees to Plead Guilty to Federal Charges of Illegally Operating Bitcoin-Cash Exchange Business and Money Laundering

Read here: https://www.justice.gov/usao-cdca/pr/ontario-man-agrees-plead-guilty-federal-charges-illegally-operating-bitcoin-cash-0

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A Key Player in Malaysia’s Biggest-Ever Corruption Scandal Found Sanctuary in Cyprus With Help From a Major London Firm

Read here: https://www.occrp.org/en/investigations/a-key-player-in-malaysias-biggest-ever-corruption-scandal-found-sanctuary-in-cyprus-with-help-from-a-major-london-firm

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The blindness of using venture capital to fight human trafficking

Read here: https://www.opendemocracy.net/en/beyond-trafficking-and-slavery/blindness-using-venture-capital-fight-human-trafficking/

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Firearms Campaign: You Only Get One Shot In Life – Don’t Blow It

Read here: https://www.nationalcrimeagency.gov.uk/news/you-only-get-one-shot-in-life-don-t-blow-it

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Accountants warned over fraud expectations

Read here: https://www.bbc.co.uk/news/business-55855840

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‘Finally some justice’: court rules Shell Nigeria must pay for oil damage

Read here: https://www.theguardian.com/global-development/2021/jan/29/finally-some-justice-court-rules-shell-nigeria-must-pay-for-oil-damage

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Former JPMorgan Asia top banker found not guilty of bribery

Read here: https://www.reuters.com/article/jp-morgan-hongkong-corruption/update-2-former-jpmorgan-asia-top-banker-found-not-guilty-of-bribery-idUSL1N2K709F

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Fine Wines Become First Tokenized Securities Under New Swiss Blockchain Law

Read here: https://www.nasdaq.com/articles/fine-wines-become-first-tokenized-securities-under-new-swiss-blockchain-law-2021-02-01

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Man trying to board flight to Dubai with £860,000 admits money laundering

Read here: https://www.heraldscotland.com/news/19055817.man-trying-board-flight-dubai-860-000-admits-money-laundering/

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Fears army will tighten grip in Myanmar after Aung San Suu Kyi detained

Read here: https://www.theguardian.com/world/2021/feb/01/further-army-clampdown-feared-in-myanmar-after-aung-san-suu-kyi-detained

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Ireland: Central Bank opens new Beneficial Ownership Register

Read here: https://www.rte.ie/news/business/2021/0201/1194313-beneficial-ownership-register/

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Europol Warning On The Illicit Sale Of False Negative COVID-19 Test Certificates

Read here: https://www.europol.europa.eu/newsroom/news/europol-warning-illicit-sale-of-false-negative-covid-19-test-certificates

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Hong Kong proposes mandatory registration of mobile phone numbers to tackle organised crime

Read here: https://www.scmp.com/news/hong-kong/politics/article/3119755/hong-kong-proposes-mandatory-registration-all-new-mobile

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British ‘crypto-friendly’ travel booking firm Travala facing strike-off

Read here: https://www.offshorealert.com/travala-limited-facing-compulsory-strike-off.aspx

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Sex Criminals Use Bitcoin. So Do the Police

Read here: https://foreignpolicy.com/2021/01/30/sex-criminals-use-bitcoin-so-do-the-police/

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Judge Rejects Virgil Griffith’s Motion to Dismiss Charges of Aiding North Korea

Read here: https://www.coindesk.com/judge-rejects-virgil-griffiths-motion-to-dismiss-charges-of-aiding-north-korea

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