Anti-Fraud & Financial Crime
Regulatory Intelligence Incorporating 'Fraud Squad'

Compliance, Financial Crime, US

LATEST: FinCEN enlists banks and crypto firms in scam compound crackdown

FINED: File photo shows a bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington.

By PAUL O’DONOGHUE, Senior Correspondent

THE US Treasury has called on banks and crypto firms to help disrupt overseas scam centres.

The Financial Crimes Enforcement Network (FinCEN) brought together financial institutions, digital asset businesses and law enforcement agencies on November 9. The meeting focused on sharing intelligence about the criminal operations.

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