In a landmark enforcement move, the Central Bank of the UAE (CBUAE) has levied a record-breaking AED 200 million (approximately USD 54.4...

In a decisive move aimed at crippling the financial foundation of Hezbollah, the U.S. Treasury’s Office of Foreign Assets Control (OFAC)...

In a sweeping law enforcement operation on April 30, 2025, German federal police successfully dismantled the crypto swapping platform...

Money laundering has evolved into a full-service criminal enterprise, offering comprehensive, on-demand solutions to clean illicit...

In a bold move aimed at cutting off the economic lifelines sustaining Russia’s war in Ukraine, the European Union has approved its 17th...

In a dramatic turn in U.S. Middle East policy, President Donald Trump announced on May 13, 2025, during the Saudi–U.S. Investment Forum...

In a landmark moment for the Philippines, the Financial Action Task Force (FATF) announced in February 2025 that it had officially...

Security forces in the Russian cities of Krasnoyarsk, Kansk, and Achinsk have dismantled a widespread underground gambling operation that...

The Swiss federal prosecutor has reignited a high-profile legal battle involving Credit Suisse—now part of UBS—by appealing a court...

In her first public keynote address since taking the helm of the EU’s new Anti-Money Laundering Authority (AMLA), Chair Bruna Szego...

What were once viewed as simple conveniences—gift cards and loyalty programs—are now emerging as major avenues for laundering billions of...

Cryptocurrency exchange Kraken has revealed it uncovered a North Korean spy attempting to infiltrate its systems during what began as a...

Authorities in France and Monaco have frozen €57 million in assets and arrested a Ukrainian entrepreneur accused of laundering proceeds...

Euroclear is preparing to confiscate approximately €3 billion ($3.4 billion) from Russian funds frozen at the Belgian clearinghouse, in...

The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury Department’s anti-money laundering bureau, has issued a formal...

Beneficial ownership information (BOI) plays a crucial role in combating fraud, according to the U.S. Government Accountability Office...

The growing use of artificial intelligence in creating identification deepfakes and synthetic identities is becoming an increasingly...

The US government’s retreat from strict corporate regulation now looks set to include ending the use of monitors who oversee companies’...

The UK’s Serious Fraud Office (SFO) has unveiled new guidance that actively encourages the use of Deferred Prosecution Agreements (DPAs),...

Asian organized crime groups that built a multibillion-dollar cyber scam industry in Southeast Asia have now firmly established...