Deloitte Canada has made a powerful move by acquiring Allevar, turbocharging its financial crime and compliance services for financial institutions. This game-changing acquisition is poised to enhance risk management and revolutionize regulatory solutions across the industry
A UK man has appeared in court, accused of sending cryptocurrency to Russian separatists, Reuters reports. Authorities say these funds have been used to support pro-Russian militants active in conflict zones. The investigation is ongoing
The U.S. Justice Department has charged 11 individuals in a sprawling Russia-based scheme that deceitfully billed Medicare for a staggering $10.6 billion-marking one of the largest healthcare fraud cases ever exposed
A U.S. soccer investor is locked in a fierce battle against extradition from Spain, accused of major fraud. While authorities allege he committed financial wrongdoing, his legal team is vigorously fighting to keep him out of U.S. courts
Italian authorities have dealt a powerful blow to organized crime by seizing $164 million from businessmen linked to the infamous ‘Ndrangheta mafia. This daring move underscores their unwavering commitment to dismantling money laundering schemes and criminal empires
A crypto CEO is at the center of a massive $500 million money laundering scandal tied to sanctioned Russian banks, CNBC reveals. Authorities are diving deep into complex schemes that reportedly aimed to bypass financial restrictions amid rising geopolitical tensions
Indian-origin pharma magnate Tonmoy Sharma was arrested in Los Angeles for masterminding a massive $149 million healthcare fraud. Authorities say his intricate scheme has sent shockwaves through the US healthcare system, reports the Times of India
Exclusive: Indian billionaire Gautam Adani is facing intensified scrutiny from U.S. prosecutors, who are escalating their investigations into his vast business empire, the Wall Street Journal reveals. These mounting legal challenges could dramatically impact his global ventures
A Brazilian man orchestrating a colossal crypto Ponzi scheme has been handed a jaw-dropping 128-year prison sentence, setting a new precedent for severe penalties against fraud in the nation’s history. This elaborate scheme deceived thousands of investors, underscoring the urgent need for robust crypto regulation as concerns continue to mount.
Indian authorities have arrested a Russia-based cryptocurrency administrator in Kerala, wanted by the US for alleged involvement in cybercrime. This operation highlights international collaboration in combating digital financial fraud amid rising global scrutiny on cryptocurrencies.
Garantex’s administrator has been arrested in India under the country’s extradition law, raising questions about international cooperation in combating financial crimes. This move reflects ongoing efforts to track down individuals involved in crypto-related offenses.
