Reported by Raga Justin (Excerpt shared below. To read full report, go to: https://www.nysenate.gov/newsroom/in-the-news/2025/zellnor-myrie/new-york-bill-would-boost-penalties-financial-fraud-crimes. To read the entire bill, go to: https://legiscan.com/NY/text/S08594/id/3286468/New_York-2025-S08594-Introduced.html) A New York lawmaker is introducing a bill to toughen criminal penalties for financial crimes, arguing the state needs to step up after the Trump administration gutted the Consumer Financial Protection Bureau. Corporations […]

Reported by the Economist (Summary featured below. To read full report, go to: https://www.economist.com/international/2025/11/20/how-chinese-underground-banks-became-the-worlds-biggest-money-launderers) How Chinese Underground Banks Quietly Took Over Global Money Laundering Chinese underground banking networks have rapidly become the world’s most powerful money-laundering engines, eclipsing older criminal systems with unmatched scale, speed, and efficiency. Once known for dominating legal industries like steel […]