Chandni Nanda, Author at FCC Times

Veriff Unveils Next-Gen ID Verification: Harnessing Machine Learning for Lightning-Fast, Fully Automated Onboarding Decisions

Veriff, the global identity verification provider, has upgraded its fully automated IDV product using advanced machine learning technology. The enhanced solution aims to revolutionize...

Punjab and Haryana High Court Grants Bail to Roop Bansal, M3M MD, Deeming Arrest ‘Illegal’

The Punjab and Haryana high court has granted regular bail to Roop Bansal, the Managing Director of M3M, in a money laundering case, deeming...

Swedish Gaming Authority Issues SEK 9 Million Penalty to Videoslots Ltd for Money Laundering and Customer Understanding Shortcomings

In the autumn of 2021, the Swedish Gaming Authority initiated supervision of Videoslots Ltd's efforts in combating money laundering and ensuring a sufficient understanding...

UK’s Financial Conduct Authority (FCA) Updates on Synthetic Data Expert Group (SDEG) Initiatives

The UK's Financial Conduct Authority (FCA) has provided an update on its Synthetic Data Expert Group (SDEG), which was established in March to explore...

French Authorities Detain Russian Tycoon Alexey Kuzmichev Over Tax Evasion and Sanctions Violations

French authorities have apprehended Russian tycoon Alexey Kuzmichev and conducted searches at two of his properties over alleged tax evasion, money laundering, and sanctions...

Alameda Resident Admits to $2 Million Ponzi Scheme Fraud Targeting 20 Victims

An Alameda resident has confessed to defrauding a minimum of 20 individuals in a Ponzi scheme totaling nearly $2 million, according to the U.S....

Combatting Terrorism Financing Through Crowdfunding: FATF’s Comprehensive Study

Crowdfunding is a global market that continues to grow. While it's a valuable tool for legitimate projects and ventures, it can be exploited by...

BlueFlame AI Assembles Powerhouse Advisory Panel: Leading Experts to Drive Innovation in Alternative Investment Management

BlueFlame AI, the generative AI platform for alternative investment managers, has introduced a distinguished panel of strategic advisors. Comprising experts in investment management, technology,...

Brothers Indicted for Money Laundering Scheme Involving Stolen Gift Cards

Last week, a federal grand jury indicted brothers Denis Gutsu, aged 31, from Antelope, and Maxim Gutsu, aged 26, from Rancho Cordova, on a...

United States Imposes Sanctions on MOGE to Disrupt Burmese Military Regime’s Financing

Today, the United States has imposed targeted sanctions on the Myanma Oil and Gas Enterprise (MOGE), a major source of revenue for the Burmese...

Australian Authorities Crack Down on Long River Syndicate: Unraveling a $229 Million Money Laundering Web

Seven individuals from an alleged Chinese crime syndicate face charges in Australia's most complex anti-money laundering (AML) investigation. The Long River money laundering syndicate...

UK’s Economic Crime and Corporate Transparency Bill Enhances Digital Asset Regulation and Enforcement

The Economic Crime and Corporate Transparency Bill has been signed into law in the United Kingdom, giving authorities new tools to combat fraud, including...

Groff NA Hemplex Investor Confirms Company’s Active Status and DEA Renewal

The main investor in a marijuana company licensed by the U.S. Drug Enforcement Administration (DEA) has contradicted reports of the company's dissolution. Robert Kinsley,...

Alabama Rep. John Rogers Ordered to Jail Over Alleged Bond Violation in Bribery Case

A federal judge on Monday ordered Alabama Representative John Rogers to jail for violating his bond by contacting a witness in his bribery case....

Former Russian Deputy Defense Minister Sentenced to 19 Years in Major Corruption Case

OFAC Issues Sham Transaction Guidance, Expanding Counterparty Due Diligence Obligations

Australia’s AML/CTF Reform Brings Expanded PEP Obligations Into Force from March 2026

Chandni Nanda