#financial-crime

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Los Angeles
fromwww.dailynews.com
17 hours ago

14 people arrested in alleged scam involving more than $25 million in COVID-19 relief and business loans

A group of fourteen individuals was arrested for allegedly defrauding the government of over $25 million via fraudulent COVID-19 relief loans.
#securities-fraud
Fundraising
fromBrooklyn Eagle
2 weeks ago

Former private equity executives sentenced to prison

Gentile and Schneider sentenced to prison for defrauding investors in GPB Capital scheme. Their actions led to significant financial losses for over 10,000 investors.
Fundraising
fromBrooklyn Eagle
2 weeks ago

Former private equity executives sentenced to prison

Gentile and Schneider sentenced to prison for defrauding investors in GPB Capital scheme. Their actions led to significant financial losses for over 10,000 investors.
more#securities-fraud
#embezzlement
more#embezzlement
NYC politics
fromwww.amny.com
1 week ago

Following the money: Secret Service undertakes massive New York operation tackling EBT skimmers at local stores | amNewYork

The Secret Service's Operation Flagship aims to combat EBT card scams affecting the vulnerable by targeting illegal debit card machines.
#legal-proceedings
more#legal-proceedings
#wire-fraud
more#wire-fraud
#fraud
NYC politics
fromNew York Post
2 months ago

Assistant stole $10M from elderly clients to buy trove of designer goods, feds say - and showed up in court with flashy designer purse

An elderly couple in New York lost nearly $10 million to their assistant's fraudulent activities over seven years.
UK news
fromwww.standard.co.uk
2 months ago

Knightsbridge mansion and golf course forfeited from wife of McMafia' banker selling for 19.5m

Zamira Hajiyeva forfeited properties worth £19.5 million as part of a settlement following a fraud investigation into her husband's financial crimes.
Brooklyn
fromBKReader
2 months ago

Brooklyn Financial Advisor Indicted for Allegedly Stealing $1.24M in Ponzi Scheme

A Brooklyn financial advisor was charged with stealing $1.24 million through fraudulent promissory notes offering high returns.
NYC startup
fromTheregister
2 months ago

AdTech CEO whose products detected ad fraud jailed for fraud

Paul Roberts, former CEO of Kubient, was jailed for a year for fraudulent financial practices including fake revenue reporting.
NYC politics
fromNew York Post
2 months ago

Assistant stole $10M from elderly clients to buy trove of designer goods, feds say - and showed up in court with flashy designer purse

An elderly couple in New York lost nearly $10 million to their assistant's fraudulent activities over seven years.
UK news
fromwww.standard.co.uk
2 months ago

Knightsbridge mansion and golf course forfeited from wife of McMafia' banker selling for 19.5m

Zamira Hajiyeva forfeited properties worth £19.5 million as part of a settlement following a fraud investigation into her husband's financial crimes.
Brooklyn
fromBKReader
2 months ago

Brooklyn Financial Advisor Indicted for Allegedly Stealing $1.24M in Ponzi Scheme

A Brooklyn financial advisor was charged with stealing $1.24 million through fraudulent promissory notes offering high returns.
NYC startup
fromTheregister
2 months ago

AdTech CEO whose products detected ad fraud jailed for fraud

Paul Roberts, former CEO of Kubient, was jailed for a year for fraudulent financial practices including fake revenue reporting.
more#fraud
#money-laundering
Miscellaneous
fromFortune
7 months ago

TD Bank pleads guilty to money laundering and agrees to bay $3 billion in fines

TD Bank pled guilty and agreed to pay over $1.8 billion for serious violations in money laundering and Bank Secrecy Act compliance.
Miscellaneous
fromFortune
7 months ago

TD Bank pleads guilty to money laundering and agrees to bay $3 billion in fines

TD Bank pled guilty and agreed to pay over $1.8 billion for serious violations in money laundering and Bank Secrecy Act compliance.
more#money-laundering
#risk-management
Artificial intelligence
fromHackernoon
9 months ago

AI Agents in Finance: Game-Changer or a Risky Gamble? | HackerNoon

AI-powered financial risk models have prevented over $1 billion in fraud recently.
AI's effectiveness in fraud detection relies heavily on the quality of training data.
Artificial intelligence
fromHackernoon
9 months ago

AI Agents in Finance: Game-Changer or a Risky Gamble? | HackerNoon

AI-powered financial risk models have prevented over $1 billion in fraud recently.
AI's effectiveness in fraud detection relies heavily on the quality of training data.
more#risk-management
fromIndependent
4 weeks ago

Travel agent and husband allegedly caught smuggling 340k out of Ireland for crime organisation

Iryna Bandarieva and Ihor Shandar were caught at Dublin Airport trying to smuggle €340,000 for a criminal organization, highlighting serious issues of financial crime.
UK news
US news
fromwww.housingwire.com
1 month ago

It's time for America to think differently about money laundering and risk assessment

The US is retreating from its leadership in combating financial crime, with potentially severe international consequences.
Cryptocurrency
fromBitcoin Magazine
1 month ago

On Bitcoin Privacy: More Deputy Attorney General, Less New York Attorney General

The U.S. Department of Justice will cease its crackdown on bitcoin and crypto mixers, signaling a shift in regulatory approach.
#artificial-intelligence
more#artificial-intelligence
fromIrish Independent
1 month ago

Irish Revolut customers who fell for WhatsApp scams lost 1,200 on average last year

"The illusion of security on encrypted messaging apps like WhatsApp is being ruthlessly exploited by criminals. Encryption does not equate to immunity from scams."
Privacy professionals
NYC startup
fromBusiness Insider
2 months ago

Frank founder Charlie Javice doesn't want her jury to know she once called her codefendant 'the best partner in crime'

Charlie Javice is on trial for defrauding JPMorgan Chase, with a controversial text message as key evidence.
UK news
fromwww.theguardian.com
2 months ago

As long he is breathing, I'm not safe': romance fraud victim flees UK after jailed conman is freed

Yvonne was a victim of romance fraud, losing over £115,000, and now fears for her safety after her abuser's early release from prison.
fromNew York Post
3 months ago

N.J. woman pulled off $60K bank heist last summer with spray-painted water gun

A New Jersey woman, Ciara Brascom, allegedly robbed a bank using a painted water gun, threatening tellers and fleeing with $60,500.
Miscellaneous
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