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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: February 29, 2024

Written by FinCrimeFebruary 29, 2024

Meet XHelper, the all-in-one Android app for global money laundering

Reported by Nate Nelson Cybercriminals are laundering stolen funds through ordinary people, thanks to a small ecosystem of user-friendly apps that can turn any mobile user into an unwitting money mule. A new report from Cloud SEK details one such app: “XHelper,” an Android platform that connects scammers with citizens of India, whose job is […]

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