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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: June 3, 2024

Written by FinCrimeJune 3, 2024

Whistleblower accuses US of ignoring evidence Standard Chartered Bank served suspicious Iranian clients

Reported by Scilla Alecci A former Standard Chartered Bank executive said in a new court filing that U.S. authorities either overlooked or concealed crucial evidence showing the bank conducted many more transactions with sanctioned Iranian entities and terror groups than it admitted to when settling a criminal case in 2012. Julian Knight, who headed a […]

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