Justice Department Charges Five for Alleged $20M Cryptocurrency Mining Fraud
The crypto club founders allegedly spent their victims' money on luxury cars, jewelry, and homes.
International Crime Scholar Pleads Guilty in Money-Laundering Case
Bruce Bagley said he knew the funds were connected to corrupt projects in Venezuela.
PayPal Pulls Out of Facebook’s Crypto Project
The payments company was reportedly concerned Facebook had not done enough to address the regulatory backlash against the Libra plan.
Five Ways CFOs Can Use AI — Today
While AI is often overhyped, there are a number of practical applications that are available to finance chiefs.
ING CFO Resigns After Money-Laundering Probe
The Dutch bank says "it is appropriate that responsibility is taken at [the] executive board level" for shortcomings in its anti-money laundering policies.
JPMorgan Avoids Fine in Malaysia Fund Scandal
A Swiss regulator finds the bank "seriously breached" anti-money laundering regulations but declines to impose financial sanctions.
How Tax Departments Can Take On Evildoers
Giving tax departments a forward-looking orientation will position them to spot evidence of financial crimes.
Fed Faults Deutsche Bank Laundering Controls
The bank agrees to pay $41 million for allowing "significant deficiencies" in its monitoring of billions of dollars in potentially suspicious transactions.
Citigroup Unit Settles Money Laundering Probe
Banamex USA will pay $97.4 million to resolve allegations that it failed to properly monitor millions of dollars in remittance payments to Mexico.
Deutsche Bank Fined Over Laundering Controls
A New York State regulator says the bank's deficient controls facilitated $10 billion in sham trades involving Russian investors.
Western Union Fined $585M for Aiding Scams
U.S. authorities say Western Union's own agents processed payments for fraudsters in return for a share of the proceeds.