Reported by Elizabeth Howcroft Excerpt shared below. To read full news story, go to: https://www.reuters.com/business/finance/financial-crime-watchdog-calls-countries-come-clean-shell-companies-2025-09-03/ To download FATF Report, click below: The head of the global financial crime watchdog has called on countries to come clean on the use of shell companies, calling them the “getaway car” for criminals, and said the problem would be […]

Reported by CHADY EL KHOURY (Excerpt shared below. To read full report, go to: https://www.imf.org/en/Publications/fandd/issues/2025/09/fighting-tech-fueled-crime-chady-el-khoury) The Department of Justice in June announced the largest-ever US crypto seizure: $225 million from crypto scams known as pig butchering, in which organized criminals, often across borders, use advanced technology and social engineering such as romance or investment schemes to manipulate victims. […]

Reported by The Telegraph 🚨 Breaking News: The U.S. military intercepted and struck a drug-laden vessel from Venezuela, killing 11 narco-terrorists onboard. A stark reminder of the ongoing nexus between drug trafficking, terrorism, and global security.

Reported by Erikfnyc Visiting New York soon? Before you go, learn how to avoid common scams that target tourists. This video breaks down what to watch for so you can enjoy NYC safely and confidently.

Reported by DAVID DAOUD (Excerpt shared below. To read full report, go to: https://www.longwarjournal.org/archives/2025/09/analysis-hezbollah-continues-exploiting-canadian-vehicular-theft-and-money-laundering-avenues.php) Last week, the Canadian government issued its 2025 report assessing money laundering and terrorist financing risks in Canada. The report noted that Hezbollah was using both illicit and otherwise legal channels in the country to fund its activities in Lebanon—including exploiting the charitable […]

Reported by Michael Pooler (Excerpt shared below. To read full report, go to: https://www.ft.com/content/950c77e9-f311-4833-b74e-aed42b14e6bf) Brazil has launched what it said was its largest ever operation against organised crime, targeting an alleged multibillion-dollar money laundering scheme orchestrated by a major drug gang which involved fuel sales, fintech companies and investment funds. A national task force of […]

Reported by The Wolfsberg Group (To read full report, download below: The Wolfsberg Group’s Statement on Effective Monitoring for Suspicious Activity, Part II: Transitioning to Innovation expands on its 2024 framework, which urged financial institutions (FIs) to move beyond traditional, rules-based transaction monitoring. The document emphasizes the importance of leveraging technology—particularly machine learning, artificial intelligence, […]

Reported by Jacob Sullum (Excerpt shared below. To read full report, go to: https://nypost.com/2025/08/31/opinion/the-feds-civil-forfeiture-racket-costs-us-thousands-even-when-were-innocent/) On a Friday in March 2021, Brian Moore, an aspiring rap artist, was about to catch a flight from Atlanta to Los Angeles, where he planned to produce a video that he hoped would promote his musical career. To pay for […]

Reported by FinCEN Summary shared here. To read full report, click and download below: A newly released FinCEN Financial Trend Analysis unmasks the staggering scale of Chinese Money Laundering Networks (CMLNs) operating inside the U.S. Between 2020–2024, over 137,000 suspicious activity reports tied to CMLNs revealed $312 billion in illicit financial flows. What investigators found […]

Reported by Financial IT (Excerpt shared below. To read full report, go to: https://financialit.net/news/aml-and-kyc/fincen-issues-advisory-and-financial-trend-analysis-chinese-money-laundering) Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is raising the alarm on Chinese money laundering networks (CMLNs), which pose a significant threat to the U.S. financial system. FinCEN is issuing: (1) an Advisory to urge financial institutions to […]