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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: September 30, 2024

Written by FinCrimeSeptember 30, 2024

Caught in the Scam: Texas seniors and banks fight financial exploitation

Reported by Brian New, Lexi Salazar The second she hung up the phone, Phyllis Lopez knew she had been scammed. “All I can say is I was dumb that morning because it just went right over my head,” said the 71-year-old Fort Worth resident. The scheme started with a text message about a fraudulent charge. Then […]

Written by FinCrimeSeptember 30, 2024September 30, 2024

Iran, Drugs, Real Estate and… Meat: This is the Financial Empire Built by Nasrallah

Reported by Itai Zehorai For more than 30 years as the organization’s leader, Nasrallah turned Hezbollah not only into an influential political and military force but also into a massive economic power that generated billions of dollars in revenue for him. This is how money worked in service of the terror industry. 83 tons of […]

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