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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: January 6, 2023

Written by FinCrimeJanuary 6, 2023

Non-Fungible Token (NFT) Developer Charged in Multi-Million Dollar International Fraud Scheme

Reported by: Department of Justice, U.S. Attorney’s Office, Eastern District of New York A criminal complaint was unsealed today in federal court in Brooklyn charging Aurelien Michel, a French national residing in the United Arab Emirates (UAE), with defrauding purchasers of “Mutant Ape Planet” NFTs, a type of digital asset, of more than $2.9 million […]

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