Breaking News for Financial Crime Professionals
SANCTIONS | AML/CFT | CYBER | CORRUPTION | TRAFFICKING
MENU

TOP STORIES —

Powered by:

Why Sigma360. Why Now.

From Wagner to GRU, Russian Military Men Are Manning Moscow’s Shadow Fleet. Cargo ships transporting sanctioned Russian oil through the Baltic Sea are routinely setting sail with two extra crew on board: a pair of Russian men with backgrounds in security organizations. OCCRP

Explosive residue found in Bucks Co. storage unit connected to New York terrorism case ABC

Who Are the Men Accused of Bringing Homemade Bombs to Gracie Mansion? New York Times

Hundreds of LA hospices show multiple state indicators of fraud, 3 years after California vowed crackdown CBS News

U.S. Department of Justice Releases First-Ever Corporate Enforcement Policy for All Criminal Cases U.S. Justice Department

📘 Exclusive: Sigma360 raises $17.3M to automate compliance work Axios

Turkey’s Halkbank Settles U.S. Criminal Case Over Iran Sanctions Violations Reuters

U.S. seeks October retrial for Tornado Cash developer Roman Storm CoinDesk

Switzerland Adopts New International Sanctions Against Iran Bloomberg

FinCEN Issues Expanded Southwest Border Geographic Targeting Order FinCEN

Chinese Telecommunications Company Fined $50 Million for Conspiring To Steal Technology From Motorola U.S. Justice Department

Trump says will waive some oil sanctions as Iran war roils markets AFP

Terrorist Designation of the Sudanese Muslim Brotherhood U.S. State Department

Afghanistan Designated as a State Sponsor of Wrongful Detention U.S. State Department

Iran may be activating sleeper cells outside the country ABC News

Regulators urge vigilance on financial crime risks from Iran as banks brace for headwinds The Globe and Mail

Democrats eye extending foreign bribery statute of limitations The Hill

Pennsylvania Brothers Convicted of Decades Long Racketeering Conspiracy U.S. Justice Department

Marco Rubio’s Florida Bestie Is an Accused ‘Foreign Agent’ Set to Go on Trial Vanity Fair

🎙️ ILLICIT EDGE PODCASTS

Time to Stir the AML Pot FinCrime Unfiltered

Human Intelligence in Conflict Zones Coercive Capital

WISE and Monzo Penalties, and FinCEN Special Measures FinCrime Unfiltered

Tehran’s Tightrope: The Cost of Confrontation Coercive Capital

💥 SANCTIONS

Roman Abramovich lawyers warn: Don’t confiscate ÂŁ2.35bn from Chelsea sale The Times

Chevron, Shell closing in on first big oil production deals in Venezuela since US captured Maduro Reuters

Ukraine’s Oschadbank demands money back and denies opposition links after Hungary cash seizure Euronews

Trump said he ended a war in Africa. U.S. sanctions say otherwise. Washington Post

🚩 RUSSIA & CHINA

Malaysia Smashes Cross-Border Scam Ring, Deports 16 to China OCCRP

China aims deeper fight against corruption with cross-border law Reuters

India’s 30-day Russian oil waiver comes with a steep US price tag South China Morning Post

Nexperia China says it has begun producing its own chips Reuters

Salt Typhoon is hacking the world’s phone and internet giants TechCrunch

Russia targets Signal and WhatsApp accounts in cyber campaign AIVD

💸 CORRUPTION & FINANCIAL CRIME

Jailed Istanbul mayor goes on trial in huge corruption case slammed by supporters as political AP News

Two directors of Capital Asia Investments arrested over suspected money laundering offences The Straits Times

Ex-Missouri lawmaker who admitted to COVID fraud sentenced to prison USA Today

‘Ghost projects’ push Philippines to record US$26.5 billion budget deficit South China Morning Post

Former head of Republic of Congo soccer federation gets life sentence for embezzling FIFA funds Washington Post

Texas man headed to jail for nearly $60M Medicare fraud UPI

Feud between Vegas gambler and Paramount exec sparks $150-million fraud lawsuit Los Angeles Times

Voting tech firm Smartmatic seeks to dismiss money laundering charge as part of Trump’s ‘campaign of retribution’ Fortune

LAUSD boss Carvalho blasted in scathing letter over alleged arts fund misuse New York Post

🔐 CRYPTO & CYBER

Senators try to unlock stalled crypto Clarity Act with compromise on stablecoin yield CoinDesk

Treasury tells Congress mixers have valid privacy uses, recommends ‘hold law’ for suspicious crypto The Block

Bithumb faces ‘heavy disciplinary action’ after violating money laundering rules DL News

How AI Assistants are Moving the Security Goalposts Krebs on Security

New ‘Zombie ZIP’ technique lets malware slip past security tools Bleeping Computer

Ohio judge rules that Kalshi is sports betting and must adhere to state law NBC News

🚚 TRAFFICKING 

Alexander brothers are convicted of sex trafficking in case that shocked real estate world AP

37 teens rescued, 7 people arrested in California human trafficking operation CBS News

Neighbors expose mysterious activity and lavish upgrades at California home linked to El Mencho daughter New York Post

Belgium at risk of becoming ‘narco-state’ The Guardian

The Race to Stop Wildlife Trafficking in Africa New York Times

Sheinbaum tells Trump: stop illegal arms trade from the US to Mexico The Guardian

 


 

ILLICIT EDGE PODCASTS

🎙 FinCrime Unfiltered with Sarah Beth Felix
🎙 Designated with Yaya Jata Fanusie️
🎙 Coercive Capital with Elaine Dezenski

 


VIDEOS

 


INFLUENCERS

Sarah Beth Felix / Elaine Dezenski / Yaya J. Fanusie / Himamauli Das / Jim Richards / John Byrne / Tom Keatinge / Ari Redbord / Brian Krebs / Hagar Chemali / Joe Robinson / Christina Rea / Andy Greenberg / Moyara Ruehsen / Richard Weber / Erin West / Casey Michel / Varun Vira / Amit Sharma / Ken Rijock / Andrew King / Shlomit Wagman / Archana Bae / Crystal Noe / Jonathan Schanzer / Howard Spieler

 


RESOURCES

Financial Action Task Force /
Egmont Group /
Organized Crime and Corruption Reporting Project /
International Consortium of Investigative Journalists /
Money Laundering Watch/

C4ADS /
Combating Terrorism Center /
Royal United Services Institute /

 


IN OTHER NEWS

Trump eyes surprise economic deal with Cuba. Discussions have included an off-ramp for President Miguel Díaz-Canel, the Castro family remaining on the island and deals on ports, energy and tourism. The U.S. government has floated dropping some sanctions. USA Today

Self-radicalized ISIS protesters used explosive called ‘Mother of Satan’ inside bombs thrown at Gracie Mansion protest NYP

Conflict-Tainted Venezuelan Gold Entered World Market Through Caribbean Island OCCRP

Laden Iranian ships depart Chinese port tied to key military chemicals Washington Post

Ayatollah Khamenei’s son owns ÂŁ50million luxury apartments overlooking Israeli embassy in London – as experts warn of ‘serious security breach’ Daily Mail

Suspicious transactions at GTA crypto shops reveal links to Iran-backed terror groups Toronto Star

Sanctioned Member of ‘Criminal’ Conglomerate Bought $17 Million in London Properties OCCRP

📘 Featured Report: Anchors Away – How to Hide Your Boat C4ADS

Neighbors expose mysterious activity and lavish upgrades at California mansion of daughter of ‘El Mencho’ cartel boss NYP

Binance tells Senate probe no accounts sent crypto directly to Iran CoinDesk

This Law Enforcer Is Rewriting the Playbook for Policing Companies in Trump 2.0 WSJ

SEC dismisses claims against Justin Sun and Tron Foundation, BitTorrent developer Rainberry agrees to pay $10M fine The Block

Hungary detains Ukrainians carrying $82 million in cash and gold; Kyiv calls it a hostage-taking NBC News

💥 SANCTIONS

Chinese Oil Tankers Challenge US Blockade off Venezuela Newsweek

Why Chevron still operates in Venezuela despite US sanctions Euronews

U.S. sanctions Iranian, Venezuelan groups tied to weapons trade CNBC

Iran offers to sell advanced weapons systems for crypto The Street

Texas man accused of trying to support ISIS ordered held pending trial ABC

🚩 RUSSIA & CHINA

‘46,800 jobs’: Xinjiang official says textile industry is growing despite US sanctions SCMP

Trump Takes Forceful Steps to Pressure Latin American Leaders to Reduce China Ties U.S. News

Popular budget-friendly Chinese brand exposed for shocking CPU scam in its laptops — advertised CPU secretly swapped for an outdated chip Tom’s Hardware

Ex-Deputy Defense Minister Ruslan Tsalikov Arrested on Corruption Charges The Moscow Times

A Bizarre International War Inside One Chip Company Threatens the Global Automotive Industry Gizmodo

💸 CORRUPTION & FINANCIAL CRIME

Federal Judge freezes assets of Orlando man accused in $300M ponzi scheme WFTV

Brazil’s Supreme Court orders the arrest of former head of Banco Master AP News

From a small Swedish town to a global crime network: international operation strikes top-tier organized crime Europol

12 members of money laundering scheme exploiting Ukrainian women arrested in Spain Europol

Customs seizes record HK$233 million in gold and silver hidden in air cargo SCMP

Belarusian Businessman Claims Former Cyprus President’s Family Held Firms For Him OCCRP

🔐 CRYPTO & CYBER

Fog, Proxies and Uncertainty: Cyber in US-Israeli Operations in Iran RUSI

US government contractor busted on ritzy Caribbean island for stealing $46M in crypto from US Marshals Service NY Post

Feds take notice of iOS vulnerabilities exploited under mysterious circumstances Ars Technica

Hackers Have Hijacked Part of the Ancient Internet to Invisibly Deliver Scams Vice

Binance terrorism lawsuit dismissed, but judge signals plaintiffs could refile with sharper allegations The Block

🚚 TRAFFICKING 

El Mencho Is Dead. Now Comes the Hard Part For Law Enforcement Small Wars Journal

Puyallup man gets 42 months for running dark web fentanyl marketplace KOMO News

Strike on alleged drug boat kills 6 in Eastern Pacific, U.S. military says CBS News

Mexico drug cartel chief’s ‘narco-ledger’ shows ties to authorities FT

 


COMPLIANCE TOOLBOX

Trade-Related Illicit Financial Flows in Africa, 2013-2022 Global Financial Integrity

Do Export Controls Erode the United States’ Lead—Or Protect It? CSIS

Three Years of War in Ukraine: Are Sanctions Against Russia Making a Difference? CFR

Why does the U.S. use secondary sanctions, and do they work? DW

Teaching the Business and Art of Sanctions Circumvention RUSI

Understanding the Libra Case: Identifying Red Flags in The Crypto Assets Industry GFI

The next generation: Russia’s future rulers Atlantic Council

How overly aggressive bans on AI chip exports to China can backfire Brookings

Office of Foreign Assets Control (OFAC)

More

Financial Crimes Enforcement Network (FinCEN)

More

State Department

More

Department of Justice

More

Commerce Department

More

Securities and Exchange Commission

More

Office of the Comptroller of the Currency

More

Federal Trade Commission

More

Commodity Futures Trading Commission

HM Treasury

More

Interpol

More

GET THE EDGE IN YOUR INBOX

CHINA

RUSSIA

IRAN

MEXICO

TURKEY

AFGHANISTAN

IRAQ

VENEZUELA

ISRAEL

NORTH KOREA

INDIA

SYRIA

CUBA

MYANMAR