Reported by JAMES C. REYNOLDS (Excerpt shared below. To read full report, go to: https://www.aol.com/articles/andrew-tate-indicted-romania-sex-092023000.html) Romanian prosecutors officially indicted Andrew Tate on Friday on charges including trafficking ​minors and money laundering after years of investigation.  Prosecutors also indicted Tate for sex ⁠with a minor, ⁠witness tampering ‌and his brother Tristan ‌for complicity, years after they first began […]

Reported by Amy Bainbridge (Excerpt shared below. To read full report, go to: https://www.bloomberg.com/news/articles/2026-08-31/western-union-probed-in-australia-over-money-laundering-controls?srnd=all) Western Union Co. and its Australian division are being investigated by the country’s financial crimes agency over concerns whether its anti-money laundering and terrorism financing controls are effective.  The probe will focus on Western Union’s management of “high-risk” payment channel, the Australian […]

Reported by J. Mayhew (Excerpt shared below. To read full report, go to: https://wdhafm.com/2026/09/01/new-jersey-councilman-admits-role-in-lucchese-crime-family-gambling-ring-faces-10-year-prison-sentence/) Prospect Park Councilman Anand Shah confessed to racketeering, money laundering, and official misconduct. His crimes tied him to an illegal gambling network run by the Lucchese crime family. The 44-year-old politician now stares down a recommended 10-year prison term and can […]

Reported by Andy Verity and Joseph Lee (Excerpt shared below. To read full report, go to: https://www.bbc.com/news/articles/cgk57lg7566o#google_vignette) A WhatsApp group chat was used to launder hundreds of millions of euros in cash around the world, funding organised crime and extremism with no paper trail, an investigation by European broadcasters has found. The 532-member group chat, […]

Reported by Fox News (Excerpt shared below. To read full report, go to: https://www.foxnews.com/politics/trump-admin-blocks-1-6b-potentially-improper-medicare-lab-payments-agency-says.amp) Federal officials and the White House Task Force to Eliminate Fraud have blocked or clawed back more than $1.6 billion in potentially improper Medicare laboratory payments since President Donald Trump returned to office, including $732 million tied to 157 lab providers booted […]

Reported by Patricia A. Smith  (Excerpt shared below. To read full report, go to: https://natlawreview.com/article/fincen-alert-bsa-compliance-implications-related-mexican-cartels-fiscal-fuel-scheme?amp) Background: How Cartels Smuggle and Commercialize U.S. Fuel in Mexico Mexico’s regulatory and economic programs have led to an expensive and concentrated market for fuel products. Cartels are taking advantage of rising costs by smuggling fuel across the southern border […]

CRIME DOESN’T PAY. APPARENTLY, THE MEMES DO. Penn State University’s alleged drug-ring scandal has already become internet folklore, spawning nicknames for 24-year-old Agostino Abbatiello like “Pablo Pledgescobar,” “Austin Powders,” “Nostrildamus” and “Kirk Cocaine.” Now somebody has figured out how to turn the chaos into a cash register. The merch is here: T-Shirts (click to buy) […]

Reported by Samuel Oakford, Samantha Schmidt, Anthony Faiola and Karen DeYoung (Excerpt shared below. To read full report, go to: https://www.washingtonpost.com/world/2026/08/27/us-intervened-criminal-probe-venezuelan-oilman-alejandro-betancourt/) Senior U.S. officials intervened in an international criminal investigation into a Venezuelan businessman who was enlisted by the Trump administration to help assert control over Venezuela’s government and oil industries, according to two people familiar with the matter.  […]

Reported by JAMIE BENNET (Summary featured below. To read full report, go to: https://www.executivegov.com/articles/doj-national-fraud-detection-center) The U.S. Department of Justice has launched the National Fraud Detection Center (NFDC), a new interagency effort designed to identify and prosecute large-scale fraud against federal programs. The center is intended to bring prosecutors, investigators and inspectors general into a coordinated […]

Reported by Jon Elvin (Summary shared below. To read full report, go to: https://saifr.ai/blog/the-future-of-compliance-isnt-continuous-kyc.-its-continuous-risk-awareness) The future of AML/KYC may not be continuous KYC so much as continuous risk awareness. That is the central argument of Saifr Strategic Risk Advisor Jon Elvin, who says traditional compliance programs were built around scheduled activity: onboarding checks, periodic reviews […]