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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: July 18, 2024

Written by FinCrimeJuly 18, 2024

Short-sellers are more important than ever for keeping fraud out of the market, Carson Block says

Reported by Filip De Mott The market needs to embrace short sellers if it wants to free itself of fraud, Carson Block told Bloomberg TV. But being a contrarian right now is a challenge, with short sellers increasingly out of place in the latest bull rally, the Muddy Waters founder said. Where sellers profit by betting […]

Written by FinCrimeJuly 18, 2024

Former Goldman Sachs banker extradited to US over bribery charges

Reported by Jonathan Ames US justice officials — led by Breon Peace, a US attorney for the eastern district of New York, and Nicole Argentieri, a deputy assistant attorney-general — said that over three years, Berko was part a team at the bank that was responsible for securing and managing a deal between its client, a […]

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