Day: April 15, 2023

Written by FinCrime

The End of Faking It in Silicon Valley

Reported by Erin Griffith Faking it is over. That’s the feeling in Silicon Valley, along with some schadenfreude and a pinch of paranoia. Not only has funding dried up for cash-burning start-ups over the last year, but now, fraud is also in the air, as investors scrutinize start-up claims more closely and a tech downturn […]

Written by FinCrime

Defunding The Deadly Fentanyl Trade – Analysis

Reported by Nate Sibley of Hudson Institute How Cartels Launder Money Now Fake pills containing fentanyl. Photo Credit: DEA For decades, cartels laundered money primarily by smuggling bulk cash across the border or using the Black Market Peso Exchange. The latter involved using drug profits to purchase goods in the United States, shipping them across the border, […]