Day: April 15, 2024

Written by FinCrime

FinCEN Warning: Fake U.S. Passport Cards Used For Fraud Schemes

Reported by FinCEN WASHINGTON—Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), in close coordination with the Department of State’s Diplomatic Security Service (DSS), issued a Notice to financial institutions on fraud schemes related to the use of counterfeit U.S. passport cards. The Notice provides an overview of typologies associated with U.S. passport card […]

Written by FinCrime

Binance Executive Located in Kenya, Extradition Pending

Reported by Efe Bravo The Nigerian government is currently working with Interpol and Kenyan authorities to extradite Nadeem Arjarwalla, a Binance executive who was found in Kenya after escaping custody in Nigeria. This operation aims to have Arjarwalla answer charges related to allegations of financial misconduct. Arjarwalla, who initially arrived in Nigeria in February, faced accusations that the cryptocurrency exchange he represented was involved in […]