Category: AML

Page 1/130

Premium

NEWS: Rabobank says it faces court over AML probe having failed in settlement talks

NEWS: Rising biometric threats as criminals target facial and fingerprint ID systems – Europol

Premium

NEWS: Biden whistleblower Staley appointed deputy chief at IRS-CI, tipped for bigger Treasury role

NEWS: Stefan Simon, bank chief who revamped Deutsche’s AFC processes, announces he is departing lender

Premium

NEWS: Canada subsidiary of China’s ICBC bank flouted FCC requirements for years, faces fourth review – report

WEEKEND FOCUS: Our gallery from historic day at European Parliament as MEPs vote in AMLA Executive Board

INSIGHT: Victory for Latvia’s fincrime fighters as top court upholds non-conviction based assets confiscation

Premium

NEWS: Law firm Simpson Thacher fined £300k for AML breaches

NEWS Eurogroup President Paschal Donohoe to deliver Address at ‘European Anti-Financial Crime Summit 2025’ in Dublin, May 7

APPROVED: AMLA’s five-member senior leadership team voted in; delegations question need for monthly authority General Boards

AML Bitcoin CEO convicted of $2M fraud and money laundering scheme

OPINION: Crypto assets have made their way into the toolbox of organised crime, why we should be happy about it

Premium

NEWS: Justin Trudeau during first term as Canadian PM met with ML suspect Paul King Jin

...

Panamanian Doctor Pleads Guilty in Criminal Fraud Case Expected to Save U.S. Government $25M
US Department of Justice
April 15, 2025
Based on assistance provided by the United States, Panamanian authorities have obtained a criminal plea from Dr. Rolando Chin, a surgeon residing in Panama, in connection with a widespread fraud scheme perpetrated against the Department of Veterans Affairs (VA) by Dr. Chin and others in Panama. The Department of Justice, the Department of State, and VA initially uncovered rampant fraud perpetrated by various medical doctors and pharmacies in Panama making claims to the VA’s Foreign Medical Program (FMP), which supports vital medical care for U.S. veterans living abroad.
Encrypted app intelligence exposes sprawling criminal networks across Europe
Europol
April 15, 2025
Law enforcement authorities across Europe and Türkiye have dismantled four major criminal networks responsible for fuelling the flow of drugs into the EU and Türkiye, following a series of coordinated raids supported by Europol. These results were made possible by the continued exploitation of encrypted communication platforms, including Sky ECC and ANOM, which remain powerful tools in the hands of investigators.
Unmasking the drug pipelines into Europe
On 15 April, coordinated raids took place in several European countries and Türkiye, targeting both the leadership and logistical arms of these criminal networks. A total of 232 suspects have been arrested, including High Value Targets who played a pivotal role in drug trafficking and money laundering operations.
France: EPPO carries out searches and arrests seven people in probe into VAT fraud involving luxury cars
European Public Prosecutor's Office
April 15, 2025
(Luxembourg, 15 April 2025) – The European Public Prosecutor’s Office (EPPO) in Paris (France) has carried out searches and arrested seven suspects in several cities in France, in a probe into an alleged VAT fraud involving valuable vehicles, conducted between 4 February and 10 April 2025. On 11 April 2025, three of the suspects were charged with organised fraud, money laundering, criminal conspiracy and abuse of vulnerable persons. They are subject to coercive and preventive measures, including prohibition to speak to other suspects.