Reported by: Carmo Moniz and Tori Morales Cindy Tappe, NYU’s former director of finance and research, is facing multiple felony charges after she was found to have redirected millions of dollars in New York state education grants to shell companies over the span of six years. Tappe, who left NYU in 2018 after the university […]
Reported by: ComplyAdvantage On November 30, 2022, the Financial Action Task Force (FATF) issued its inaugural report on money laundering from fentanyl and synthetic opioids. Co-led by the US and Canada, the report includes recommendations for prosecutors and law enforcement authorities on countering financial flows from the illicit drug trade. According to the report, criminal […]
Reported by: bne IntelIiNews VTB, the Kremlin’s second-largest bank, has announced it will launch cross-border bank transfers in Iranian rials, in direct contravention of US sanctions, Kommersantnewspaper reported on December 19. Retail and commercial account holders of VTB will be able to transfer amounts of up to $300,000 (RUB20mn) in an equivalent rial (IRR) amounts. According to the […]
Financial Crime News Briefs 