Reported by Tara Siegel Bernard Cybercrime is on the rise, but even the best antivirus software can’t thwart scammers who target the human psyche. Here are tips on how to avoid some of the most devastating schemes and what to do if you or someone you care about becomes ensnared. If You Become a Victim […]
Reported by Ernest Hoffman The government of the United Arab Emirates (UAE) has suspended the operations of 32 gold refineries – representing 5% of the total market – in a crackdown on money laundering and terrorist financing activities in the precious metals sector, according to an announcement from the Economy Ministry. “The Ministry of Economy has affirmed […]
Reported by Gavin Newsham In “Rinsed: From Cartels to Crypto: How the Tech Industry Washes Money for the World’s Deadliest Crooks” (Penguin Business), Geoff White asks: what would you do with sudden wealth if it came from a source you couldn’t admit to. “You’re faced with an excruciating dilemma,” he writes. “How do you enjoy your […]
Financial Crime News Briefs 