Saturday, May 2, 2026
14.5 C
Los Angeles

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

In a significant development underscoring a widening...

OFAC Issues Sham Transaction Guidance, Expanding Counterparty Due Diligence Obligations

On March 31, 2026, OFAC published a...

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

Australia's financial intelligence authority AUSTRAC confirmed that...

Tag: simplified due diligence

workplace bullyingpornographycommercial sexual exploitationprostitutionmodern day slaverymodern slaverychild slaveryforced labor exploitationchild labor
Money Laundering

Former Colombian Port Official Sentenced to Over Twelve Years in Prison for Money Laundering

A Colombian national was sentenced yesterday to 12 years and seven months in prison for conspiring to launder proceeds of bribes. The defendant was...
Human Rights

Ivorian Men Arrested for International “Sextortion” and Money Laundering Scheme Resulting in Minor’s Death

Four men in Côte d’Ivoire have been arrested on criminal charges relating to their role in an international “sextortion” scheme that targeted thousands of...
Recent Regulations & News

Notice: Penalty Notice: 08 May 2025

OFSI publishes a penalty notice regarding a breach of financial sanctions regulations. Story from gov.uk
Human Rights

Two Honduran Men Sentenced to Prison for their Roles in International Human Smuggling Conspiracy

Note: See superseding indictment here. Two Honduran men were sentenced today to three years in prison for their roles in a scheme to illegally smuggle...
Crypto

Man Sentenced to Over 30 Years in Prison for Crypto-Terror Financing Scheme

A Springfield, Virginia, man was sentenced yesterday to 364 months in prison for his efforts to provide material support to the Islamic State of...
Fraud, Bribery & Corruption

Four Honduran Nationals Indicted in Florida for Years-Long Off-the-Books Payroll Scheme

Last week, a federal grand jury in Orlando, Florida, returned an indictment charging four Honduran nationals with operating an illegal, off-the-books cash payroll system...
Fraud, Bribery & Corruption

California Man Sentenced to 12 Years’ Imprisonment in Connection with $17M Medicare Fraud Schemes

A California man was sentenced yesterday to 12 years in prison and three years of supervised release for his role in a years-long scheme...
Human Rights

Largest Fentanyl Bust in DEA History: Authorities Seize Over 400 Kilograms of Fentanyl in Record-Shattering Operation

Federal authorities have arrested 16 individuals and seized record-breaking quantities of fentanyl, cash, firearms, and vehicles across multiple states, dismantling one of the largest...
Human Rights

U.S. Attorneys for Southwestern Border Districts Charge More than 1300 Illegal Aliens with Immigration-Related Crimes During the First week in May as part of...

Since the inauguration of President Trump, the Department of Justice is playing a critical role in Operation Take back America, a nationwide initiative to...
Fraud, Bribery & Corruption

Credit Suisse Services AG Admits to Conspiring with U.S. Taxpayers to Hide Assets and Income in Offshore Accounts and Admits that Credit Suisse Breached...

Credit Suisse Services AG pleaded guilty and was sentenced today to conspiring to hide more than $4 billion from the IRS in at least...
Human Rights

Four Mexican Nationals Residing Unlawfully in the United States Charged for Their Roles in an International Conspiracy

Four Mexican nationals unlawfully residing in the United States have been charged for their roles in an international human smuggling conspiracy that illegally brought...
Money Laundering

Updates to the AML/CFT/CPF Handbook — GFSC

As part of our engagement with industry and the associations that represent them, the Commission learned of an anomaly in the way in which...
Fraud, Bribery & Corruption

Peruvian National Extradited for Overseeing Call Center That Threatened and Defrauded Spanish-Speaking U.S. Consumers

A resident of Lima, Peru, accused of operating a large fraud and extortion scheme, was extradited to the United States and made her initial...
Fraud, Bribery & Corruption

Louisiana Nurse Practitioner Convicted of $2M Medicare Fraud

A federal jury convicted a Louisiana nurse practitioner yesterday for her role in an over $2 million health care fraud scheme. According to court documents...

- A word from our sponsors -


Follow us

HomeTagsSimplified due diligence

Financial Crimes

Data Intelligence

Technology

Regulatory Update

Resources

Follow us

FCC Times © All Rights Reserved.

Developed By GL