Reported by Michaela Towfighi (Excerpt featured below. To read full report, go to: https://www.nytimes.com/2025/07/18/arts/de-kooning-higgins-sharp-harwood-fbi.html) When Lou Schachter visited the University of Arizona Museum of Art in 2014, he appreciated the flowers by Georgia O’Keeffe, the cityscapes from Edward Hopper and the signature splatter of Jackson Pollock. But he was most intrigued by the empty frame […]

Reported by Miguel Delaney (Excerpt shown below. To read full report, go to: https://www.independent.co.uk/sport/football/football-clubs-agents-money-laundering-government-report-b2791065.html) Football clubs and football agents have been named for the first time as emerging risks for money laundering and terrorist financing in an annual government report, published on Thursday . The sport’s “hidden nature” was raised as a specific issue, which means […]

Reported by Dilip Kumar Patairya  (Excerpt shown below. To read full report, go to: https://cointelegraph.com/news/how-a-russian-national-allegedly-laundered-530m-in-crypto-via-tethert) The US Department of Justice (DOJ) has charged Iurii Gugnin, also known as George Goognin and Iurii Mashukov, a Russian national residing in New York, with 22 criminal counts in a sweeping case that underscores the growing challenges of regulating cryptocurrency […]

Reported by Giovanni Legorano (Excerpt shown below. To read full report, go to: https://foreignpolicy.com/2025/07/15/chinese-bankers-money-laundering-europe-world/) Three separate police investigations in Italy recently uncovered around 1 billion euros in proceeds from drug trafficking of the Calabrian ‘Ndrangheta, Colombian drug cartels, and Albanian organized criminal groups. The more important finding may have been who it was determined had laundered the […]

Reported by John Tanet (Excerpt shown below. To read full report, go to: https://www.12news.com/article/news/local/arizona/popular-arizona-bbq-restaurant-accused-of-money-laundering-labor-exploitation/75-8fef8dc3-e4c3-4c09-8d04-d99bce498a9a) The popular barbeque restaurant Colt Grill is allegedly tied to accusations of money laundering and labor exploitation as part of a “complex criminal investigation,” Yavapai County Sheriff’s Office announced Tuesday. Homeland Security Investigations and “multiple other federal agencies” are involved in the investigation, […]

Reported by Luke Boddis (Excerpt featured below. To read full report, go to: https://www.forbes.com/councils/forbesbusinessdevelopmentcouncil/2025/07/14/synthetic-identity-fraud-in-the-age-of-genai-are-traditional-kyc-tools-still-fit-for-purpose/) In recent years, synthetic identity fraud has quietly become one of the fastest-growing forms of financial crime. Now, with the explosion of AI, the threat is accelerating at an alarming pace. Fraudsters no longer need stolen identities to commit large-scale fraud. […]

Reported by Kyle Lawson (Excerpt featured below. To read full report, go to: https://www.silive.com/crime-safety/2025/07/staten-island-woman-admits-role-in-prolific-chinese-money-laundering-scheme.html?outputType=amp)  Two Chinese nationals and a Staten Island woman pleaded guilty to mark the end of a “prolific” money-laundering cell, according to federal law enforcement officials.  The defendants, officials said, were washing proceeds for narcotics trafficked into the U.S. from Mexico.  Enhua […]

Reported by Quiver Quantitative and Producet Aamar

Reported by Vicky Shaw (Excerpt featured below. To read full report, go to: https://ca.finance.yahoo.com/news/thousands-young-people-exploited-launder-210000591.html) Thousands of young people are being exploited by criminals to launder money, The Children’s Society is warning. Figures obtained by the charity from UK fraud prevention service Cifas indicate that 6,434 under-21s were identified last year where there were grounds to […]

Reported by ANDY GREENBERG (Excerpt featured below. To read full report, go to: https://www.wired.com/story/mcdonalds-ai-hiring-chat-bot-paradoxai/) If you want a job at McDonald’s today, there’s a good chance you’ll have to talk to Olivia. Olivia is not, in fact, a human being, but instead an AI chatbot that screens applicants, asks for their contact information and résumé, directs them to […]