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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: November 9, 2024

Written by FinCrimeNovember 9, 2024

Report reveals how environmental crime profits in the Amazon are laundered

Reported by AIMEE GABAY A new report by the FACT Coalition found that many investigations into environmental crimes do not follow the money. Of the 230 cases analyzed, 76% involved the use of front and shell companies, likely due to flaws in the anti-money laundering systems of foreign countries, researchers said.  The environmental crimes analyzed occurred between […]

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