News & Press
Filter news by category:

Read about recent events, essential information and the latest community news.

Displaying page 4 of 5
1  |  2  |  3  |  4  |  5

Financial Crime Wave
Thursday, February 12, 2015
US banks cut Somalian remittances dramatically, and more »
In this week’s Financial Crime Wave, US banks cut ties with Somalian money remitters, the Silk Road administrator was foun...
Thursday, February 5, 2015
Petrobras CEO and others resign, Hong Kong money laundering unit flooded with reports, and more »
In this week’s Financial Crime Wave, Petrobras executives resign amid bribery probe, Hong Kong money laundering authoritie...
Thursday, January 29, 2015
Colombian gold distributor caught in money laundering ring, and more »
In this week’s Financial Crime Wave, a Colombian CEO is arrested, dismantling a gold-based money-laundering ring, the US A...
Thursday, January 22, 2015
Turkish ministers acquitted from graft probe, British banks seek more clarity, and more »
In this week’s financial crime wave, four former Turkish ministers are acquitted from a graft probe in a controversial vot...
Thursday, January 15, 2015
Brazil’s most notorious money launderer got Petrobras kickbacks, and more »
In this week's financial crime wave, the money launderer at the center of the Petrobras bribery scandal confesses to Brazi...
Thursday, January 8, 2015
Alstom bribery case expands, ISIL may be opening its own bank, and France says ‘no’ to more Russian »
In this week’s Financial Crime Wave,  the Alstom bribery case expands to Poland with more potential charges, the Isla...
Thursday, December 11, 2014
BNP Paribas clears dollars with Bank of America amid ban, and more »
In this week’s Financial Crime Wave, sanctioned BNP Paribas will clear dollars for commodity trades through Bank of Americ...
Thursday, December 4, 2014
Petrobras still under fire for corruption scandal, and more »
In this week’s financial crime wave, Petrobras is responding to US and Brazilian corruption probes on the oil company by i...
Wednesday, November 26, 2014
Wynn Resorts faces money laundering probe, graft cripples Iraqi military, and more »
This week’s Crime Wave examines an investigation into casino giant Wynn Resorts for potential money laundering violations,...
Thursday, November 20, 2014
Colombian soccer team on OFAC list, and more »
In this week's Financial Crime Wave, the United Kingdom's financial regulator tells banks to improve anti-money laundering...
Thursday, November 13, 2014
European banks sued under Anti-Terrorism Act, and more »
In this week’s Financial Crimewave, the US anti-terrorism act is used to sue five European banks, local government offices...
Thursday, November 6, 2014
Increased liability spooks compliance execs, China creates anti-graft office, and more »
This week's Financial Crime Wave examines the upsides of self-reporting in bribery and corruption cases, fears that increa...
Thursday, October 30, 2014
Chinese general admits to graft, UK tightens terror finance laws for charities, and more »
In this week's Financial Crime Wave: a former general of China's military admitted to taking large bribes in exchange for...
Thursday, October 23, 2014
Turkey drops corruption charges against elites, SEC probes fraud at marijuana firms, and more »
In this week’s Financial Crime Wave, the SEC goes after allegedly fraudulent marijuana-related companies, the Federal Rese...
Thursday, October 16, 2014   (0 Comments - view/add)
Financial Crime Wave – Russia’s McDonald’s money laundering probe »
This week’s Financial Crime Wave explores Russia’s money laundering probe on a charity tied to McDonald’s, the influx of d...
Thursday, October 9, 2014
Banamex CEO resigns, Russia wants to outlaw Bitcoin, Turkey cracks down on ISIS oil market, and more »
This week’s Financial Crime Wave covers the most senior departure at Banamex since a $400 million fraud involving the Mexi...
Thursday, October 2, 2014
Judge orders Walmart to face fraud claims, Swiss bank probed by French for lax due diligence »
In this week’s Financial Crime Wave, we took a look at the fraud claims linked to Walmart’s ongoing bribery probe, the OFA...
Thursday, September 25, 2014
Swiss bank hit with $1.4 billion bond in French court, Bitcoin Ponzi scheme dismantled »
In this week’s Financial Crime Wave, ACFCS explores a French court’s decision to uphold a $1.4 billion bond on Switzerland...
Thursday, September 18, 2014
Morgan Stanley fined for KYC gaps, corruption crackdown in China continues »
This week’s crime wave covers the fine on investment bank Morgan Stanley, the lifting of Mexican currency restrictions, th...
Thursday, September 11, 2014
Fashion district raided for drug cartel laundering rings, UK lawyers face higher AML scrutiny »
This week’s Crime Wave covers the link between a US ambassador’s wife and a money laundering scheme in Iraq, the corruptio...
Tuesday, September 9, 2014
Enforcement agencies confront surge in online Ponzi schemes, Russian banks targeted in ‘FATCA fraud' »
This week’s Crime Wave covers talks by US state and federal law enforcement agencies to coordinate their response to a gro...
Saturday, August 30, 2014
Financial Crime Wave – French tell UBS to post $1 billion bail in tax fraud case »
This week’s Crime Wave covers a US law enforcement crackdown on money laundering by human smuggling rings that transport C...
Wednesday, August 20, 2014   (0 Comments - view/add)
FedEx faces money laundering case, UK banks splurge on compliance jobs, expats sue to stop FATCA »
This week’s Crime Wave covers a spike in hiring for financial crime and AML compliance roles at UK financial institutions,...
Wednesday, August 13, 2014
Terror financiers embrace social media, Canada’s fraud enforcement criticized »
This week’s Crime Wave covers the increasing popularity of social media outlets as a fundraising tool for terrorists, a ma...
Tuesday, August 12, 2014
Russian hackers hold more than 1 billion stolen passwords, FinCEN gives guidance on nations with AML »
This week’s Crime Wave covers a huge trove of stolen online credentials held by a Russian cybercrime ring, the slow pace o...
Thursday, July 31, 2014
Portuguese bank executive arrested, Russian banks subject to more sanctions »
This week’s Crime Wave covers the arrest of a former Portuguese bank executive, the widening sanctions on Russia’s financi...
Thursday, July 10, 2014
US presses criminals to turn in their bankers, Citigroup reaches $7 billion mortgage settlement »
This week’s crime wave covers US prosecutors’ efforts to convince criminal suspects to turn over information on the financ...
Wednesday, July 9, 2014
Barclays launches compliance ‘academy,’ extortionists use Bitcoin and more »
This week’s Crime Wave covers moves by big banks to decrease or shut down their money transfer business units, Singapore’s...
Wednesday, July 2, 2014
DOJ says controversial ‘Choke Point’ will continue, Canada enacts first virtual currency law »
This week’s Crime Wave examines the DOJ’s  plans to continue “Operation Choke Point” amid controversy, Canada’s...
Wednesday, July 2, 2014
Money laundering meets the meat industry, traders flee Barclays ‘dark pool’ after fraud suit »
This week’s Crime covers a case in India that suggests the global meat industry is a channel for trade-based money launder...
Wednesday, June 18, 2014
Bank of America to screen for payday lenders, EU probes national tax codes »
This week’s crime wave covers the new AML investigations launched by Hong Kong authorities, the hunt for payday lenders by...
Wednesday, June 11, 2014   (0 Comments - view/add)
Colorado marijuana trade gets banking system, India hunts for offshore assets »
This week’s financial crime wave covers the new legislation that would create a financial system for Colorado’s marijuana...
Wednesday, June 4, 2014
US regulators push for firings at BNP Paribas, global sting disrupts $100 million cybercrime scheme »
This week’s crime wave covers the push for harsher penalties at BNP Paribas for sanctions violations, the global sting tha...
Thursday, May 29, 2014
SEC eyes AML programs at broker-dealers, FinCEN warns on Mexican money laundering »
This week’s Crime Wave covers a new advisory warning US financial institutions about new conduits for money laundering by...
Thursday, May 22, 2014
Sports bets launder $140 billion, US court defines key term in FCPA cases and more »
Money Laundering and Sanctions US Treasury imposes sanctions on money laundering operations in Panama and Syria – Th...

Displaying page 4 of 5
1  |  2  |  3  |  4  |  5

©2016 Association of Certified Financial Crime Specialists
All Rights Reserved