Category: Financial Crime

Page 180/382

NEWS: FinCEN awards law enforcement agencies which used BSA to launch criminal investigations

NEWS: Bizlato exchange was ‘open turnstile’ for dirty money as Russian co-founder admits processing $700M in illicit funds

NEWS: Bank of England to look closer at rise of AI in finance

NEWS: Britain’s National Crime Agency (NCA) reveals 14 typical red flags which may indicate evidence of Russia sanctions violations

Premium

INSIGHT: Massive Binance fine designed to deter others – US regulator; conference told fincrime oversight of cryptos to grow

Premium

NEWS: Two Canadian banks, RBC and CIBC fined total of C$9M for failure to submit STRs; disproportionate penalty, says RBC of C$7.5M penalty

NEWS: Tel Aviv bourse says report investors profited ahead of Hamas attack ‘inaccurate, irresponsible’

Premium

IDENTIFIED: The Top 4 emerging fincrime trends; 1,000 arrested and 11,000 money mules scoped in ‘Operation EMMA’

NEWS: Yellen heads to Mexico to combat illicit finance, boost cooperation on fentanyl trafficking

SPECIAL REPORT: How AML regime could end profit motive that puts 17m people into forced labour every single day

Premium

NEWS: Dutch banks to ease PEPs screening and focus on customer’s actual risk profile

NEWS: US DOJ’s Artie McConnell to speak at ‘European Anti-Financial Crime Summit 2024,’ it’s announced

...

...

Treasury Targets ISIS Facilitators and Disrupts Terrorist Financial Networks
OFAC
June 22, 2026
WASHINGTON—Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three individuals and six entities across Europe, the Middle East, and West Africa for facilitating financial transactions on behalf of the Islamic State of Iraq and Syria (ISIS). This action targets key facilitators who enable ISIS to move funds among its regional affiliates and in so doing helps protect the rights of religious minorities who have been targeted by ISIS and ISIS-inspired violence. Regardless of the financial instrument, method of transmission, or location of the funds, the Treasury Department will relentlessly pursue ISIS’s finances and disrupt their ability to harm Americans.
FinCEN Announces Recipients of Its 11th Law Enforcement Awards Program
FinCEN
June 22, 2026
WASHINGTON—Last week, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) recognized seven cases during its Law Enforcement Awards Program for effectively using Bank Secrecy Act (BSA) data to support criminal prosecutions and safeguard the U.S. financial system. “These awards recognize the incredible difference law enforcement officers and prosecutors make through their use of BSA information,” said FinCEN Director Andrea Gacki. “This work not only protects our country from serious crimes, but it is paying huge dividends for taxpayers, businesses, and our financial institution partners by identifying, combating, and even recovering the proceeds of illicit finance.”
SFO to secure further £491,000 from Jakarta expat scammer
Serious Fraud Office
June 22, 2026
Today, the SFO secured an additional £491,967.97 uplift to the 2009 confiscation order against Alan Edwin Gardner, 57, after uncovering additional assets. Gardner defrauded a number of overseas investors through a fictitious investment scheme targeting British expats by falsely claiming their money was being invested through reputable Swiss bank UBS AG.