Regulatory Watch News

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  FinCEN Announces Data-Driven Border Operation to Address Potential Money Laundering

  FinCEN

  December 23, 2025

  WASHINGTON— Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a multi-tiered operation targeting more than 100 U.S. money services businesses (MSBs) operating along the southwest border. These MSBs—which provide financial services outside of a formal bank—are being examined for potential non-compliance with regulations designed to detect money laundering and combat illicit finance. FinCEN’s operation resulted in the issuance of six notices of investigation, dozens of examination referrals to the Internal Revenue Service (IRS), and over 50 compliance outreach letters.

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  CEO of Health Care Software Company Sentenced for $1B Fraud Conspiracy

  US Department of Justice

  December 22, 2025

  An Arizona man was sentenced Friday to 15 years in prison and ordered to pay more than $452 million in restitution for conspiring to defraud Medicare and other federal health care benefit programs of more than $1 billion by operating a platform that generated false doctors’ orders used to support fraudulent claims for various medical items. “This just sentence is the result of one of the largest telemarketing Medicare fraud cases ever tried to verdict,” said Acting Assistant Attorney General Matthew R. Galeotti of the Justice Department’s Criminal Division. “Telemedicine scammers who use junk mailers, spam calls and the internet to target senior citizens steal taxpayer money and harm vulnerable populations. The Criminal Division will continue dedicating substantial resources to the fight against telemedicine and medical equipment frauds that drain our health care benefit programs.”

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  Poland: EPPO arrests four suspects in probe into procurement fraud and corruption involving tram modernisation

  European Public Prosecutor's Office

  December 22, 2025

  (Luxembourg, 22 December 2025) – At the request of the European Public Prosecutor’s Office (EPPO) in Katowice (Poland), officers from the Central Anti-Corruption Bureau have arrested four suspects, including a senior public official, as part of an investigation into suspected procurement fraud and corruption linked to the modernisation of tram infrastructure, funded by the EU. It is alleged that the senior public official provided confidential information to a favoured company to ensure that the firm would be awarded a contract for the modernisation and development of tram infrastructure in the Upper Silesian-Zagłębie Metropolis. He is also suspected of corruption.