Reported by: Jona Jaupi IF YOU don’t want to get scammed on Facebook, then there are some important red flags you should never ignore. TikTok user @KatieClarck0 shared the signs she looks for to avoid getting scammed when selling items on Facebook. Watch TikTok: http://www.tiktok.com/t/ZTRarmwKg/ Read full report: https://www.the-sun.com/tech/6210170/facebook-market-scam-money-red-flags/amp/
Reported by: Natalie Runyon Director / ESG content & Advisory Services / Thomson Reuters Institute Greenwashing allegations continue to make headlines, but only recently have they started to impact the stock price of companies that are accused of the offenses. However, are these incidents considered fraudulent? It depends on whom you ask. Vincent Walden, CEO of Kona AI […]
Reported by: KALI COLEMAN Robokiller, an app dedicated to combating these calls, recently released its 2022 Mid-Year Phone Scam Report, detailing how prevalent this problem really is. According to the report, Americans have already received an estimated 40 billion spam calls between Jan. and June 2022 alone. It’s projected that by the end of this […]
Reported by: TURNER WRIGHT The European Central Bank, or ECB, has announced it will be collaborating with five companies for the development of potential digital euro user interfaces. In a Friday announcement, the ECB said it had chosen “Big Four” tech company Amazon, fintech firm Nexi, Spanish digital bank CaixaBank, French payments platform Worldline and […]
Reported by: U.S. Department of Justice A New York man pleaded guilty in the Eastern District of New York to money laundering for his role as the owner and operator of a voice over internet protocol (VoIP) company that facilitated and profited from the introduction of fraudulent robocall traffic into the United States. Jon J. […]
Reported by: MacKenzie Sigalos The Biden White House has just released its first-ever framework on what crypto regulation in the U.S. should look like — including ways in which the financial services industry should evolve to make borderless transactions easier, and how to crack down on fraud in the digital asset space. The new directives […]
Reported by: Shalini Nagarajan The Securities and Exchange Commission (SEC) continues to enforce legal action against bad actors in the crypto industry as regulators take steps to bolster investor protection laws. Chicago Crypto Capital and three of its personnel were accused of defrauding investors by offering unregistered cryptoasset securities, an announcement on Wednesday showed. The crypto broker’s […]
Reported by: Barney Jopson in Madrid and Jude Webber in Dublin Spanish police have arrested a man they say is one of Europe’s biggest money launderers, the associate of a notorious Irish gang who used a sham vodka brand and underground banking to process up to €350,000 a day of dirty funds. The authorities did […]
Reported by: Kyle Barr South Korean police are currently on the hunt for Do Kwon (and other top people behind Terraform Labs) over allegations of fraud and tax evasion. Bloomberg reported Wednesday that the Seoul Southern District Prosecutors Office has a warrant out for Do Kwon, the CEO of Terraform Labs, as well as five […]
Reported by: Kate Kelly and Alicia Parlapiano Speaker Nancy Pelosi said on Wednesday that Democrats would bring legislation to the House floor this month that would place new restrictions on the ability of lawmakers to buy and sell stocks. Her announcement came a day after The New York Times published an analysis showing that between […]
Financial Crime News Briefs 