Money Laundering
Evolving Risk: The Ever-Changing Nature of EU Financial Crime Gets a Boost From AI
Banks and anti-financial crime software solutions are working to prevent a new generation of criminals using deep fakes and impersonating individuals using AI tools.
U.S. Treasury Makes a Bold Move to Combat Money Laundering — And Home Buyers Could Be Affected
The U.S. Treasury is targeting corrupt buyers by requiring the disclosure of true property owners in an effort to curb money laundering through real estate transactions.
Identity Matters: Here's How UAE-Based Uqudo Is Pioneering A Shift In Digital Identity Verification Processes Across The MENA
Uqudo founder and CEO Mohamed Fagiri believes that his enterprise can play a key role in building a more inclusive and equitable society.
Massachusetts Father-Son Duo Slammed With Nearly 10-Year Prison Sentence for Perpetrating an 'Elaborate' $20 Million Lottery Scheme
The "ten-percenting" scam cost more than $6 million in federal tax loss and affects 40 licensed lottery sellers across the state.
Extortion, Sex Trafficking, and Dirty Money: Hulu's New 'Stolen Youth' Crime Series Unpacks Larry Ray's Sarah Lawrence College Cult
Larry Ray has been sentenced to 60 years in prison for using manipulation to extort millions from his victims.
Anti-money Laundering Startup IntelleWings Raises $100,000 In Seed Round
The Panchkula-based startup will be utilizing the funds to advance its product, EYE, a product based on machine learning to help regulatory firms with anti-money laundering compliance needs
Fugitive Tycoon Vijay Mallya to be Extradited to India, Rules UK Court
The liquor baron, who has been wanted in India since 2016, to meet his fate soon
Elon Musk Hit With Criminal Probe. 3 Things to Know Today.
Stay in the know in 60 seconds.
Blockchain Could Be a Powerful Tool for Shrinking Pervasive Global Money Laundering
The world's wealthiest people shield as much as $2 trillion annually from taxes. Blockchain's transparency could make it a lot harder.
Online Criminals Are Tricking Entrepreneurs Into Doing Their Dirty Work
Cyber-crooks skillfully launder money through unwitting legitimate online storefronts, creating major legal liabilities for careless entrepreneurs.
Bitcoin Startups Fear No Ban in India, Say Technology Will Make Inroads
One must understand both legal as well as value discovery process before jumping into investing in them.
Megaupload's Dotcom Argues Extradition Appeal Should Be Live Streamed
An appeal by flamboyant German tech entrepreneur Kim Dotcom over a decision to extradite him to the United States began in New Zealand on Monday.
Don't Fall Prey to a Money-Laundering Scheme
Access to capital can pose a challenge ot many a new business. Make sure you obtain financing from legitimate sources.
U.S. Regulators Aim to Close 'Wild West' Frontier of Bitcoin
Bitcoin and other cryptocurrencies have the U.S. government in a tizzy. Here's our deep dive on what recent developments mean for digital currencies.
Bitcoin Companies Subpoenaed Over Regulatory Concerns
New York state financial regulators have issued subpoenas asking Bitcoin-related companies for information into whether safeguards are in place to prevent the virtual currency from being used in illegal activities such as money laundering.