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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: December 22, 2023

Written by FinCrimeDecember 22, 2023

U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies

Reported by Alan Rappeport The United States and Europe have imposed strict sanctions on Russia over the past two years. But an illicit network of traders and smugglers, working with the assistance of shadowy financial firms, has been helping Russia gain access to banned products that it needs to restock its military arsenal. Treasury Secretary Janet L. […]

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