#FinancialCrime

The Permission Gap: Risk Acceptance in a Zero Tolerance World When the Financial Action Task Force (FATF) published its Guidance for a Risk-Based Approach for Money or Value Transfer Services, it included a statement of unusual candour. That statement should hav...

1 week ago

The FATF says the risk-based approach is ‘not a zero failure approach’. Without a dedicated risk assessment, risk acceptance is not a governance decision.
#WTR #WireTransferRegulation #FATF #TravelRule #AML #FinancialCrime #Compliance #RiskBasedApproach #PSP #FinancialServices #WTRKnowledgeHub

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1 week ago

“OnlyFake” Creator Pleads Guilty
Read More: buff.ly/IFHBNq7

#OnlyFake #DigitalIDFraud #FakeDocuments #FinancialCrime #FBICase #CybercrimeSentencing #IdentityFraud #InfosecNews

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The Illusion of Control: Why AI in Financial Crime Demands More Than Automation On 22 January 2026, the House of Commons Treasury Select Committee published a stark verdict on the state of artificial intelligence in UK financial services. The Financial Conduct Authority (FCA), th...

1 week ago

Nearly half of UK financial services cannot explain the AI systems they rely on. If it cannot articulate why a model flagged a transaction, it cannot demonstrate accountability. Without comprehension is not progress. It is risk.
#AI #Regulation #FinancialCrime #Compliance #RiskManagement #OpusDatum

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Citizen Portal News Washington

@citizenptnewswa.bsky.social

2 weeks ago

Committee Hears Proposal to Create Standalone Insurance-Fraud Felony; Defenders Warn of Overlap with Existing Statute Senate Bill 6,031 would create a standalone class B felony for insurance fraud and expand reporting and restitution provisions. The Office of the Insurance Commissioner supports the bill; criminal-defense groups urged a narrow amendment, arguing the felony language could overlap with existing RCW 48.32.030 gross-misdemeanor provisions.

A proposed bill in Washington could redefine insurance fraud as a standalone felony, but critics warn it may create legal confusion and overlap with existing laws.

Learn more here

#WA #LegalReform #ConsumerProtection #CitizenPortal #FinancialCrime

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Paul L

@onepaul.bsky.social

2 weeks ago

Binance Employees Find $1.7 Billion in Crypto Was Sent to Iranian Entities

#Binance follows the example of its business partner #Trump: fire and silence all that expose your crimes.
#FinancialCrime #Cryptocurrencies
www.nytimes.com/2026/02/23/t...

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Paul L

@onepaul.bsky.social

2 weeks ago

Binance Employees Find $1.7 Billion in Crypto Was Sent to Iranian Entities

#Binance has been going from scandal to scandal.
The link to #WorldLibertyFinancial and #Trump clearly hasn't changed anything. #ChangpengZhao got a pardon despite his money laundering.
Now more violations are reported.
#CryptoCurrencies #Bitcoin #FinancialCrime
www.nytimes.com/2026/02/23/t...

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MLRO For two decades, the compliance officer has occupied a paradoxical space within financial institutions: indispensable yet often isolated, empowered by regulation but constrained by corporate politics....

2 weeks ago

From escalating FCA enforcement to billion-dollar AML penalties, discover why the modern MLRO must evolve from compliance gatekeeper to strategic leader in financial crime governance.
#FinancialCrime #Compliance #AML #MLRO #Governance #RiskManagement #CorporateGovernance

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Asia News Today

@asianewstoday.bsky.social

2 weeks ago

Businessman charged with giving RM8 million bribe to approve loan KUALA LUMPUR: Businessman and former Managing Director of V Telecoms Berhad Datuk Ranjeet Singh Sidhu today pleaded not guilty in the Sessions Court here to a charge of giving a bribe of RM8 million to a former president of a bank, 14 years ago. Ranjeet, 56, is accused of giving the bribe to the former president and managing director of the bank through an individual as payment for helping to approve a RM400 million loan application by Syarikat V Telecoms Berhad. The loan is to finance a coastal fiber optic network development project that covers the entire Peninsular Malaysia. He […]

Businessman charged with giving RM8 million bribe to approve loan #BusinessNews #Corruption #Bribery #LoanApproval #FinancialCrime

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Daily Trend Mirror

@latestnewsofficial.bsky.social

2 weeks ago

Who Is Atharva Shailesh Sathawane? Indian-Origin Man Gets 18 Years in US Fraud Case Atharva Shailesh Sathawane sentenced to 18 years in US wire fraud case involving elderly scam, money laundering conviction, student visa overstay and international fraud network targeting retirement s...

Who Is Atharva Shailesh Sathawane? Indian-Origin Man Gets 18 Years in US Fraud Case
#AtharvaSathawane #FraudCase #WireFraud #ElderlyScam #USCourt #FinancialCrime #MoneyLaundering #CrimeNews #InternationalFraud #BreakingNews
dailytrendmirror.com/viral/2026/0...

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#cyberbezpieczeństwo #cybercriminology #cybersecurity #AIethics #financialcrime

3 weeks ago

Africa Scam Crackdown Nets 651 Arrests
Read More: buff.ly/JCjLkat

#OperationRedCard #CybercrimeCrackdown #InvestmentScams #MobileMoneyFraud #LawEnforcement #FinancialCrime #AfricaCyber #GlobalCyber

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@wolfly2025.bsky.social

3 weeks ago

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Interconnected Earth

@connectedearth.bsky.social

3 weeks ago

How the World’s Most Powerful Countries Handle Financial Crime — And Why None of Them Are Doing Enough - Interconnected Earth Here we examine how the eight countries ranked highest for power by U.S. News & World Report handle financial crimes.

Different countries handle financial crime in very different ways — yet none are doing enough to prevent it or help victims. Read more and rethink accountability. buff.ly/CZSIzsk
#FinancialCrime #Accountability #GlobalJustice

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David Brady

@antiprofessor.bsky.social

3 weeks ago

#BicesterVillage gets a mention on #BBC 'Start the Week' as a locus of #MoneyLaundering and #FinancialCrime

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Beyond the Bribe: How Corruption, Money Laundering & State Capture Intersect For decades, anti-bribery, anti-money laundering, and sanctions compliance have been treated as distinct disciplines. Each has its own regulators, specialists, and compliance programmes, all designed ...

3 weeks ago

A bribe is rarely the end of the story. It is the gateway to money laundering, sanctions evasion and state capture, and the FATF’s 2025 reforms may finally force compliance to confront this reality.
#ABC #AML #Sanctions #FinancialCrime #Compliance #Governance #RiskManagement #PEPs #FATF

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Help Net Security

@helpnetsecurity.com

1 month ago

Bitcoin trading firm CEO gets 20 years for operating $200 million Ponzi scheme - Help Net Security The U.S. Department of Justice sentenced the CEO of a bitcoin trading firm to 20 years in prison for operating a Ponzi scheme.

Bitcoin trading firm CEO gets 20 years for operating $200 million Ponzi scheme

🔗 Read more: www.helpnetsecurity.com/2026/02/13/b...

#ponzischeme #bitcoin #financialcrime

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1 month ago

Thailand Moves To Seize Scam Assets
Read More: buff.ly/OiAr9BJ

#ScamSyndicates #AssetSeizure #MoneyLaundering #FinancialCrime #CyberFraud #ThailandNews #LawEnforcement #GlobalCyber

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Trust in Transit: Rebuilding Accountability in the UK’s WTR System When OpusDatum published The UK’s Wire Transfer Regulation Framework: A System in Crisis in October 2025, it exposed what many practitioners already suspected: that the UK’s wire transfer regime was l...

1 month ago

Is the UK’s Wire Transfer Regulation regime ready for the FATF’s 2025 accountability reset? ravelRule #FATF #AML #Compliance #FinancialCrime #PaymentTransparency #DataIntegrity #UKFinance #Payments #Regulation #FinTech #RiskManagement

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Observe Lebanon

@observelebanon.bsky.social

1 month ago

Image from image_2.jpg

Lebanon's General Security arrested a Palestinian on February 2, 2026, for circulating counterfeit U.S. money and defrauding over $400,000. Legal action is ongoing with judicial cooperation.

#Lebanon #FinancialCrime #Counterfeiting

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Integrity by Design: Embedding Ethics into RegTech Architecture RegTech was born out of necessity, not ideology. After the 2008 financial crisis and a decade of compliance expansion, institutions reached a saturation point. Technology promised relief — a way to au...

1 month ago

Is ethics still an optional extra in RegTech, or should integrity, explainability and accountability be engineered into compliance systems from the first line of code?
#RegTech #EthicalAI #FinancialCrime #Compliance #Technology #AIGovernance #RegulatoryCompliance

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@byteandpieces.bsky.social

1 month ago

Stealing Billions with a Smile: The Terrifying Playbook of Madoff, Holmes, the Tinder Swindler & More What if the most charming person you ever met was also the most dangerous? This isn't just another true crime episode. This is a descent into the minds of the master manipulators—the architects of ruin who weaponized trust and sold lies for billions. We unravel ten of the most chilling and audacious scams in modern history, exposing the psychological tactics used to shatter lives. We go inside the cult-like grip of Nxivm, where personal empowerment was a front for systematic exploitation. We unpack the sheer arrogance of Bernie Madoff, who turned Wall Street into his personal Ponzi scheme, and dissect the medical fraud of Elizabeth Holmes, who sold a revolution in a drop of blood that never existed. From the wellness lies of Belle Gibson who faked cancer, to the romantic mirage of the "Tinder Swindler" and the identity theft of the "Hollywood Con Queen," these stories reveal a terrifying pattern. You'll learn how these con artists built their empires on nothing but charisma and how quickly those empires came crashing down. This is more than a story about stolen money. It’s a deep dive into: - The Cult of Personality: How charm can be a more effective weapon than a gun. - The Hope Machine: The tactics scammers use to exploit our deepest desires for health, wealth, and love. - The Digital Mask: How technology has created a new generation of untouchable fraudsters. If you've ever wondered how good people get fooled by bad actors, this episode is a crucial, cautionary listen. 🎧 Tune in now to learn the red flags from the masters of the con. Did this episode shock you? Share it with a friend who loves a good scam story and leave us a 5-star review if you learned something new!

📣 New Podcast! "Stealing Billions with a Smile: The Terrifying Playbook of Madoff, Holmes, the Tinder Swindler & More" on @Spreaker #berniemadoff #cautionarytale #conartist #deception #elizabethholmes #financialcrime #fraud #lies #manipulation #nxivm #podcastrecommendation #ponzischeme

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Adam Noh

@cryptw.bsky.social

1 month ago

Justice Department Tightens the Noose on Cartels’ Crypto Money Trails Justice Department Tightens the Noose on Cartels’ Crypto Money Trails

Justice Department Tightens the Noose on Cartels’ Crypto Money Trails
#CryptoCrime #DrugCartels #MoneyLaundering #JusticeDepartment #Cryptocurrency #Blockchain #USMexico #FinancialCrime #OrganizedCrime #LawEnforcement

www.btcnewse.com/2026/02/just...

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WTF WIRE

@wtfwire.bsky.social

1 month ago

WTF Wire

DOJ cartel #crypto #moneylaundering cases target brokers moving #drug profits through #digitalassets from the US to Mexico.
#DOJ, #WTFWire, #Cartel, #CryptoRegulation, #FinancialCrime, #Blockchain, #USMexico, #IllicitFinance, #CryptoNews www.wtfwire.com/politics/doj...

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thepiaz.bsky.social

@thepiaz.bsky.social

1 month ago

Mandelson lobbied for Epstein & Staley against bank reforms. Not an anomaly, but a pattern: the powerful shaping laws to their benefit. History shows this erodes accountability. #FinancialCrime #Lobbying

Read more: piaz.news/article/the-architecture...

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The Currency of Trust: Why Beneficial Ownership Still Fails the Transparency Test When the UK launched the world’s first public beneficial ownership register in 2016, it was hailed as a breakthrough for financial transparency. The Persons of Significant Control (PSC) register posit...

1 month ago

As Companies House verification takes hold, can you confidently defend your beneficial ownership decisions?
#BeneficialOwnership #AML #FinancialCrime #CompaniesHouse #UK #CorporateTransparency #RegulatoryReform #Governance

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thepiaz.bsky.social

@thepiaz.bsky.social

1 month ago

Epstein's 2011 emails reveal attempts to access Libya's frozen billions mid-conflict. This wasn't just individual greed; it illustrates how geopolitical chaos and opaque sanctions regimes create systemic vulnerabilities for illicit financial opportunism. #EpsteinFiles #FinancialCrime

Read more: htt

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