The Financial Action Task Force has called for much closer information sharing between governments, banks, virtual asset service providers and other private-sector firms, arguing that traditional anti-money laundering systems are struggling to keep pace with increasingly sophisticated cross-border financial crime. In a new report, Information Sharing to Combat Illicit Finance:…
Federal authorities have recovered more than $2.27 million stolen from a Vermont public agency after a cyber fraud in…
The Australian Securities Exchange has been ordered to pay a A$20.5 million civil penalty after Australia’s Federal Court found…
The Reserve Bank of India (RBI) urged lawmakers to keep the country’s banks and regulated financial institutions insulated from…
A Washington woman has pleaded guilty to running a multi-million-dollar investment fraud that targeted members of the Korean community,…
The U.S. Department of Justice has unsealed criminal charges against Peter Stokes, a 19-year-old dual U.S.-Estonian citizen accused of…
The U.S. Attorney’s Office for the District of Connecticut has recovered and secured the forfeiture of more than $600,000…