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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: December 11, 2024

Written by FinCrimeDecember 11, 2024

China’s Lust for Gold Exploited by Scammers, Money Launderers

Reported by Yihui Xie Jewelry stores across China have been receiving mysterious, unusually large orders for gold bars from customers who ask for the precious metal to be posted to faraway addresses in the nation. In one case, an online romance scammer convinced a woman in the eastern city of Hangzhou to buy 19 million […]

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