China has accused the U.S. of involvement in the 2020 cyber heist that saw $13 billion in Bitcoin stolen, ramping up tensions over cybersecurity and digital currencies, reports Fortune. The investigation is ongoing
Browsing: financial crime
China has accused the U.S. of stealing an astonishing 127,000 BTC in a dramatic cryptocurrency hack, ramping up tensions as conflicts over digital assets reach new heights. This striking allegation highlights the fierce geopolitical battles now playing out in the fast-evolving crypto arena
A staggering $300 million crypto scheme has uncovered explosive connections between a notorious crypto kingpin and Spain’s far-right movement, raising urgent concerns about the dark side of digital currencies fueling illicit financing and political power plays
BREAKING: JPMorgan faces a staggering €45 million fine in Germany for violating anti-money laundering (AML) regulations, marking a powerful crackdown on the country’s financial sector
The US and UK have joined forces to dismantle a major Southeast Asian crypto scam network, going after its key operators and freezing assets to halt their illegal schemes, authorities announced Wednesday
Organised crime has deeply infiltrated Italy’s Common Agricultural Policy (CAP), leading to a shocking €20 million fraud uncovered by authorities. This case highlights the ongoing battle to safeguard EU agricultural funds from relentless exploitation
France is intensifying its battle against white-collar crime with powerful new anti-corruption measures. These groundbreaking legal updates promise to strengthen enforcement and illuminate corporate transparency like never before, transforming the business landscape across the nation
The European Public Prosecutor’s Office (EPPO) has unleashed a major crackdown in Italy, executing house arrests and confiscating assets valued at an astonishing €17 million in a wide-reaching VAT fraud probe
A man from China is accused of duping an Aliquippa woman out of hundreds of thousands of dollars, authorities reveal. The investigation is ongoing as officials work tirelessly to recover the stolen money
Australia’s financial watchdog has taken a bold step, ordering Binance’s local unit to undergo a thorough audit amid growing worries over potential money laundering activities, Reuters reports. This decisive move aims to strengthen regulatory compliance and bring greater transparency to the market
White & Case LLP delves into the UK’s shifting landscape of compensation for victim states in multinational bribery cases, revealing how evolving legal frameworks are shaping accountability and delivering justice in high-stakes global corruption battles
Trump’s tariffs have intensified economic challenges for Canada, igniting a renewed drive to tackle the country’s growing money laundering crisis. Authorities are now under increased pressure to strengthen financial regulations, reports The Hill
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