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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: November 3, 2022

Written by FinCrimeNovember 3, 2022

Goldman Sachs seeks to impose order on expanding crypto universe with classification system

Reported by: Hugh Son Goldman Sachs is making a bid to standardize the way the financial industry talks about, tracks and invests in the burgeoning universe of digital assets, CNBC is first to report. The investment bank is set to unveil a data service created with global index provider MSCI and crypto data firm Coin Metrics that […]

Written by FinCrimeNovember 3, 2022

A theft ring that allegedly made millions from catalytic converters has been busted

Reported by: AYANA ARCHIE The Justice Department has arrested 21 people suspected of belonging to a theft ring that made millions of dollars from stolen catalytic converters, the car parts that have increasingly become targets across the country. A team of law enforcement agencies at the local, state and federal levels seized hundreds of millions […]

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