Former housing administrator sentenced for fraud, money laundering & lying to...
Department of Justice U.S. Attorney’s Office Western District of New York FOR IMMEDIATE RELEASE Tuesday, November 29, 2022 Former Rochester Housing Authority Chair Going To Prison For Fraud, Money...
View ArticleFCA Enforcement Action: Metro Bank fines £10 million
FCA fines Metro Bank PLC £10 million and publishes Decision Notices for two of its former executive directors Press Releases First published: 12/12/2022 Last updated: 12/12/2022 The FCA has fined...
View ArticleNY DFS releases virtual currency guidance for banks
SUPERINTENDENT ADRIENNE A. HARRIS RELEASES VIRTUAL CURRENCY GUIDANCE FOR BANKING ORGANIZATIONS GUIDANCE REITERATES DEPARTMENT’S EXPECTATION TO REVIEW VIRTUAL CURRENCY-RELATED ACTIVITIES FOR PRIOR...
View ArticleFinansinpektionen Enforcement Action: Länsförsäkringar Bank fined 90 million SEK
Länsförsäkringar Bank is issued a remark and must pay administrative fine 2022-12-14 | PRESS RELEASES MONEY LAUNDERING BANK Länsförsäkringar Bank has been deficient in its work to prevent money...
View ArticleRecent National Bank of Georgia Enforcement Actions
ON THE IMPOSITION OF MONETARY FINE TO THE MICROFINANCE ORGANIZATION JSC “MONETA EXPRESS” (IDENTIFICATION NUMBER 212912730) MONETARY FINE WAS IMPOSED ON CURRENCY EXCHANGE OPERATOR – INDIVIDUAL...
View ArticleDanske Bank’s AML Failures lead to guilty plea for fraud
Department of Justice U.S. Attorney’s Office Southern District of New York FOR IMMEDIATE RELEASE Tuesday, December 13, 2022 Danske Bank Pleads Guilty To Fraud On U.S. Banks In Multi-Billion Dollar...
View ArticleComplex fraud & crypto laundering leads to indictment
Department of Justice U.S. Attorney’s Office Southern District of Texas FOR IMMEDIATE RELEASE Friday, December 2, 2022 Suburban man indicted for complex fraud and crypto money laundering scheme...
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FinCEN’s been keeping tabs on the oligarchs…
New FinCEN Analysis of BSA Data Reveals Trends on the Financial Activity of Russian Oligarchs Immediate Release December 22, 2022 WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) issued a...
View ArticleFormer Lawyer Indicted for Wire Fraud & Money Laundering
Department of Justice U.S. Attorney’s Office Western District of Texas FOR IMMEDIATE RELEASE Thursday, December 8, 2022 Former San Antonio Lawyer Christopher John Pettit Indicted on Wire Fraud, Money...
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Cali Guy charged with laundering business email compromise proceeds
Department of Justice U.S. Attorney’s Office District of New Jersey FOR IMMEDIATE RELEASE Tuesday, December 6, 2022 California Man Charged with Laundering Money Obtained from Internet-Related Fraud...
View ArticleFlorida State Rep indicted for wire fraud, money laundering, and lying…
Department of Justice U.S. Attorney’s Office Northern District of Florida FOR IMMEDIATE RELEASE Wednesday, December 7, 2022 Florida State Representative Indicted For Wire Fraud, Money Laundering, And...
View ArticleNovember 30, 2022: UK Gambling Commission fines AG Communications £237,600
Gambling business AG Communications Limited fined £237,600 30 November 2022 Gambling operator AG Communications will pay a £237,600 penalty for anti-money laundering (AML) failures. The operator –...
View ArticleConviction for wire & bank fraud, money laundering
Department of Justice U.S. Attorney’s Office District of Kansas FOR IMMEDIATE RELEASE Wednesday, December 21, 2022 Jury Convicts Wichita Man of Money Laundering, Wire and Bank Fraud WICHITA, KAN.– A...
View ArticleFederal charges for mail fraud & money laundering
Department of Justice U.S. Attorney’s Office District of Minnesota FOR IMMEDIATE RELEASE Tuesday, December 20, 2022 Federal Indictment Charges Rush City Woman with Mail Fraud, Money Laundering...
View ArticleFinanstilsynet Inspection Report: Nordea Kredit Realkreditaktieselskab
Statement on inspection in Nordea Kredit Realkreditaktieselskab (money laundering area) In June 2022, the Danish Financial Supervisory Authority inspected Nordea Kredit Realkreditaktieselskab (the...
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December 22, 2022: Central Bank of the UAE issues insurance sector AML/CFT...
Link: CBUAE Press Release
View ArticleFCA Enforcement Action: Guaranty Trust Bank fined £7.6 million for AML...
FCA fines Guaranty Trust Bank (UK) Limited £7.6 million for further failures in its anti-money laundering systems and controls Press Releases First published: 10/01/2023 Last updated: 10/01/2023 The...
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January 4, 2023: NY DFS settles with Coinbase… $100 million
Press Release January 4, 2023 Superintendent Adrienne A. Harris Announces $100 Million Settlement with Coinbase, Inc. after DFS Investigation Finds Significant Failings in the Company’s Compliance...
View ArticleRecent National Bank of Georgia AML/CFT Monetary Fines
THE MONETARY FINE WAS IMPOSED ON COMMERCIAL BANK JSC “TERABANK” (I.N. 204546045) REGARDING THE IMPOSITION OF THE MONETARY FINE ON THE CURRENCY EXCHANGE OPERATOR INDIVIDUAL ENTREPRENEUR “ELMINAZ...
View ArticleFCA Enforcement Action: Al Rayan Bank pays £4,023,600 for AML failures
FCA penalises Al Rayan Bank PLC for anti-money laundering failures Press Releases First published: 11/01/2023 Last updated: 11/01/2023 We have fined Al Rayan Bank PLC (Al Rayan) £4,023,600 for...
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