Lab Report #19
Lab Report #19 This week in financial Crime Lab Report #19 This week in financial Crime Lab Report #19 – This week in financial Crime Last week the reporting layer was on trial (Edition #18) has now been followed by the week the reporting layer was (in one significant jurisdiction) formally dismantled. On 11 August […]
Lab Report #18
Lab Report #18 This week in financial Crime Lab Report #18 This week in financial Crime Lab Report #18 – This week in financial Crime The compliance-failure question that opened last week’s edition sharpened dramatically this week. Senate Finance Committee Democrats published a four-year investigation alleging that Bank of America, Deutsche Bank and JPMorgan Chase […]
Lab Report #15
Lab Report #15 This week in financial Crime Lab Report #15 This week in financial Crime Lab Report #15 – This week in financial Crime The past seven days should be read as a single, coordinated intervention against the service layer that keeps organised cybercrime and sanctions evasion running. Between 13 and 14 July the […]
Lab Report #14
Lab Report #14 This week in financial Crime Lab Report #14 This week in financial Crime Lab Report #14 – This week in financial Crime This we saw further evidence that enforcement is moving more decisively against enablers. In a 48-hour window OFAC designated the same criminal VPN service that European law enforcement had taken […]
Lab Report #13
Lab Report #13 This week in financial Crime Lab Report #13 This week in financial Crime Lab Report #13 – This week in financial Crime This was the presidential handover week. On 1 July the United Kingdom took over the Presidency of the Financial Action Task Force from Mexico and, on the same day, President […]
April in Financial Crime: The Month Enforcement Started Dismantling the Architecture
April in Financial Crime: The Month Enforcement Started Dismantling the Architecture April in Financial Crime: The Month Enforcement Started Dismantling the Architecture April in Financial Crime: The Month Enforcement Started Dismantling the Architecture For most of the last decade, financial crime enforcement has functioned as a treadmill. Investigators arrest the operators, prosecutors charge the executors, […]
Lab Report #4
Lab Report #4 This week in financial Crime Lab Report #4 This week in financial Crime Lab Report #4 – This week in financial Crime This was the week the United States and China announced the first publicly reported, jointly executed enforcement operation against transnational fraud, with 276 arrests across nine scam centres in coordinated […]
Lab Report #3
Lab Report #3 This Week in Financial Crime Lab Report #3 This Week in Financial Crime Lab Report #3 – This Week in Financial Crime This was the week the United States moved against the political and financial enablers of Southeast Asian scam compounds – sanctioning a Cambodian senator, charging compound managers, and restraining $700 […]
Lab Report #1
Lab Report #1 This Week in Financial Crime Lab report #1 This week in financial crime Lab report #1 – This week in financial crime This has been one of the most structurally significant weeks in financial crime policy in recent memory. The United States has fundamentally reorganised how it prosecutes fraud, the UK has […]
What are your real chances of being scammed in the UK?
What are your real chances of being scammed in the UK? What are your real chances of being scammed in the UK? What are your real chances of being scammed in the UK? Most people believe fraud happens to other people. The careless ones, the elderly, the ones who “don’t understand technology.” Statistically speaking, that […]