Reported by RIVIERA MAYA NEWS (Excerpt shared below. To read full report, go to: https://riviera-maya-news.com/national-banking-securities-revokes-license-and-starts-cibanco-liquidation/2025.html?cn-reloaded=1) Financial regulator National Banking and Securities Commission (CNBV) has revoked CIBanco’s license. The revocation means authorities have started the bank’s liquidation process. The Institute for the Protection of Bank Savings (IPAB) reported that as a result of the revocation, its […]

Reported by Reuters (Excerpt shared below. To read full report, go to: https://www.usnews.com/news/world/articles/2025-10-11/how-a-quiet-dutch-retiree-helped-uncover-nazi-stolen-art-in-argentina) Dutch systems specialist Paul Post had glimpsed the notebooks that contained his father’s Nazi-era diaries before, but when he rediscovered them in an attic 15 years ago, the recent retiree finally had time to closely examine them. Post, 74, had no idea that […]

Reported by Chadwick Moore (Excerpt shared below. To read full report, go to: https://nypost.com/2025/10/11/world-news/istanbuls-grand-bazaar-is-propping-up-venezuela-russias-economy-as-a-shocking-250m-money-laundering-market/) Called “the world’s first shopping mall,” Istanbul’s Grand Bazaar entrances millions of visitors annually with its myriad displays of exotic jewels and spices, elaborate carpets for sale and constant hustle.   But hardly even hidden behind the smiles of its stalls’ […]

Reported by Michael Kaplan and  Taylor Herzlich (Excerpt shared below. To read full report, go to: https://nypost.com/2025/10/12/us-news/how-billionaires-grifter-son-david-brens-ultimate-man-cave-scheme-unraveled/) It was supposed to be the “ultimate man cave,” but to those who lost hundreds of thousands of dollars, it quickly became the ultimate scam. David Bren told investors he was creating an exclusive private space, with monthly dues costing $14,500, a high-class […]

Reported by Claire Williams (Excerpt shared below. To read full report and the SAR FAQ from FinCEN, go to: https://www.americanbanker.com/news/exclusive-regulators-move-to-ease-banks-sar-burden and https://www.fincen.gov/system/files/2025-10/SAR-FAQs-October-2025.pdf) New guidance obtained by American Banker would reduce the number of suspicious activity reports, or SARs, banks are required to file, a move aimed at easing banks’ compliance burden and making data more […]

Reported by Samuel Granados, Genevieve Glatsky and Annie Correal (Excerpt shared below. To read full report, go to: https://www.nytimes.com/interactive/2025/10/09/world/americas/drug-trafficking-venezuela.html) The U.S. military has killed at least 21 people in recent strikes on small boats that it says were smuggling drugs off the coast of Venezuela. President Trump justified the attacks by saying the United States is in an “armed […]

Reported by Rachel Wolf (Excerpt shared below. To read full report, go to: https://www.foxnews.com/us/fbi-busts-alleged-maduro-linked-money-laundering-network-spanning-multiple-nations.amp) The FBI says two men have been indicted in connection with an alleged money-laundering scheme tied to Venezuelan dictator Nicolás Maduro’s children. The indictments come after a years-long investigation that dates back to 2019 when the FBI’s Miami Field Office launched the […]

Luc Cohen Reported by Luc Cohen (Excerpt shared below. To read full report, go to: https://www.reuters.com/world/us-supreme-court-rejects-challenge-by-turkeys-halkbank-prosecution-2025-10-06/) The Supreme Court declined on Monday to hear another bid by Turkey’s state-owned lender Halkbank (HALKB.IS) to avoid fraud, money laundering and conspiracy charges in the United States for allegedly helping Iran evade American economic sanctions. The justices turned away Halkbank’s appeal of a lower […]

Reported by Sean Buckley and April Smith (Excerpt shared below. To read full report and press release from FinCEN, go to: https://www.jdsupra.com/legalnews/fincen-postpones-residential-real-5219824/ and https://www.fincen.gov/news/news-releases/fincen-announces-postponement-residential-real-estate-reporting-until-march-1) FinCEN announced today that the reporting requirements for the “Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule” (RRE Rule) have been postponed until March 1, 2026. The previous deadline was Dec. […]

Reported by Kevin Poireault (Excerpt shared below. To read full report, go to: https://www.infosecurity-magazine.com/news/cell-tower-hacking-gear-seized-nyc/) The US Secret Service has found and dismantled a network of electronic devices that could be used to shut down the cellular network in New York City. The equipment, discovered across multiple sites throughout the New York tristate area (New York, […]