Skip to content

Financial Crime News Briefs

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

Day: July 6, 2023

Written by FinCrimeJuly 6, 2023

Bitcoin Tax Evasion Can’t Be Stopped With Just Anti-Money Laundering: IMF Report

Reported by André Beganski Anti-money laundering (AML) rules are not a panacea for dealing with tax cheats and criminals who try to cover their tracks with crypto—but they’re a logical place to start, according to a paper published by the International Monetary Fund (IMF) on Wednesday. The paper was authored by members of the IMF’s Fiscal Affairs […]

Written by FinCrimeJuly 6, 2023

Over half a million silver coins just vanished – now the metals dealer behind the ‘fraudulent’ scheme must pay $146 million

Reported by Joseph Wilkins A Susan B. Anthony dollar coin. Wikimedia The vault where precious metals dealer Robert Higgins claimed to be storing over half a million of his clients’ silver coins was found by investigators to be empty – except for little boxes of paper IOUs. Now, the 68-year old has been ordered by […]

Blog at WordPress.com.
  • Subscribe Subscribed
    • Financial Crime News Briefs
    • Join 43 other subscribers
    • Already have a WordPress.com account? Log in now.
    • Financial Crime News Briefs
    • Subscribe Subscribed
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar
Design a site like this with WordPress.com
Get started