Reported by Reuters (Excerpt shared below. To read full report, go to: https://www.reuters.com/business/finance/chinese-fraud-mastermind-jailed-uk-laundering-bitcoin-2025-11-11/) The mastermind of a vast Ponzi scheme in China, which conned nearly 130,000 investors, was jailed in Britain on Tuesday for over 11 years for laundering the proceeds of the fraud into cryptocurrency now worth billions of dollars. Qian Zhimin pleaded guilty to two […]

Reported by Margaret Davis (Excerpt shared below. To read full report, go to: https://www.independent.co.uk/news/uk/crime/shops-raided-money-laundering-barbers-vape-operation-machinize-b2862383.html) Barbers, minimarts, and vape shops are among the 2,700 high street businesses that have been raided in the UK’s largest ever crackdown of its kind on money laundering. Officials state that these cash-rich establishments, which have proliferated across British high streets in […]

Reported by Minister of Finance and National Revenue – Canada (Summary featured below. To read full report, go to: https://budget.canada.ca/2025/report-rapport/pdf/budget-2025.pdf) Canada’s 2025 budget marks one of the most sweeping crackdowns on money laundering and financial crime the country has ever announced. The move comes after years of criticism that Canada was too easily exploited by […]

Reported by Andrew Wong (Excerpt shared below. To read full report, go to: https://sg.news.yahoo.com/3b-money-laundering-case-two-201225970.html) Two suspects linked to the $3 billion money laundering case spent more than $69.8 million on properties in London while on the run from the authorities in Singapore. The Straits Times, working with investigative reporting group Organised Crime and Corruption Reporting […]

Reported by Amazon As the busy shopping season approaches, stay informed with these tips to help recognize impersonation scams – when a scammer pretends to be a trusted company and reaches out to try to get access to sensitive information like personal or financial information, or Amazon account details. Tips to help stay safe: Always […]

Reported by Reuters (Summary featured below. To read full report, go to: https://www.reuters.com/sustainability/boards-policy-regulation/india-crime-agency-attaches-anil-ambani-group-properties-worth-over-341-million-2025-11-03/) India’s financial crime agency has frozen 75 billion rupees ($853 million) worth of properties linked to companies of the Reliance Anil Ambani Group as part of a money-laundering probe, it said in a statement on Monday. The move relates to cases involving Reliance […]

Reported by Financial Times (Summary of two articles featured below. To read both reports, go to: https://www.ft.com/content/0e8a40e1-0ccd-4c45-83c5-1986d9641884 and https://www.ft.com/content/d3540c0b-a68c-484e-a628-7c720a850e0b) The White House has ordered federal regulators to review and address alleged “debanking” practices, intensifying a political and regulatory dispute over whether banks have restricted services based on clients’ political beliefs or business activities. President Donald […]

Reported by Simon Tuck (Excerpt shared below. To read full report, go to: https://ca.news.yahoo.com/financial-crimes-including-money-laundering-130005338.html) Canada’s financial intelligence agency is reporting that it easily set a new mark last year in the number of cases that it sent to police for possible criminal investigation, just one metric in the broader picture of a country facing escalating […]

Reported by Mayer Brown LLP (Excerpt shared below. To read full report, go to: https://www.reuters.com/practical-law-the-journal/litigation/tornado-cash-verdict-developer-liability-implications-2025-11-01/) Implications of the Verdict The mixed verdict in the Tornado Cash trial underscores the uncertainty for developers and operators of decentralized privacy-preserving platforms. There are, however, important inferences that can be drawn from the verdict, including that: Despite the technical […]

Reported by Sam Goldfarb (Summary shares below. To read full report, go to: https://www.wsj.com/finance/investing/wall-street-intensifies-scrutiny-of-fraud-after-spate-of-loan-losses-0397bc55?mod=mhp) A surge of alleged corporate frauds has rattled Wall Street, pushing banks and investors to tighten their lending practices and enhance due diligence. In response to recent loan losses, lenders are demanding longer financial histories from borrowers and incorporating stricter oversight […]