Topic
financial-crime
17 stories related to this topic, newest first.
ndtv.comfinance5 days ago
Federal Reserve Proposes Customer Identification Rules While Stablecoin Law May Take Effect Before Final Rules
The Federal Reserve on June 18, 2026, proposed that permitted payment stablecoin issuers maintain written customer identification programs. The plan requires collection of legal name, date of birth, address, and government ID before opening an account.
montrealgazette.comworld6 days ago
U.S. Extradites Former Ghanaian Microfinance Official Convicted In Absentia of Stealing $6 Million
Sedina Christine Tamakloe Attionu was returned to Ghana on June 8, 2026, to serve a 10-year sentence after her conviction on more than 70 counts.
New York Postpolitics16 days ago
Former CIA Officer Held $40 Million in Gold Bars at Virginia Home
A former CIA officer kept more than 300 gold bars and cash at a Virginia residence. Court records describe a fake intelligence program used to move government funds.
nbcnews.comworld17 days ago
C.I.A. Officer Held in Detention After Gold Bars Found at Home
A federal judge ordered a C.I.A. employee to remain in custody after agents found $40 million in gold bars and other assets at his residence. Prosecutors say the employee created a fake intelligence program to divert millions in government funds.
science18 days ago
Australian Chinese community lost $12 million to fake police scams in 2025
Scammers impersonating Chinese authorities used phone calls, video calls, and fabricated documents to extract funds from victims. The Australian Competition and Consumer Commission recorded 1,294 reports and a median loss of $55,000 per case.
Abc Newsbusiness27 days ago
Google Employee Charged With Using Inside Information to Bet on Search Trends
Federal prosecutors unsealed a criminal complaint Wednesday charging a Google software engineer with using confidential company data to place bets on a prediction market platform. The employee allegedly profited more than $1 million before his arrest in New York.
ICIJfinance28 days ago
Bitcoin ATM Operators Received Billions in Cryptocurrency from Major Exchanges
Several large cryptocurrency firms transferred more than $1.5 billion in bitcoin to operators of bitcoin ATMs between 2018 and 2025. The transfers continued after state and local officials raised concerns about scam activity linked to the machines. Bitcoin Depot, the largest oper…
South China Morning Postworld41 days ago
Hong Kong Court Freezes HK$9 Billion in Assets Linked to Detained Businessman Chen Zhi
A Hong Kong court has ordered the freezing of more than HK$9 billion in assets and properties connected to Chen Zhi and 41 other respondents. The order, issued earlier this month at the request of the Department of Justice, prohibits dealing with the assets.
nypost.comworld45 days ago
Milwaukee Bucks Owner Extorted by Woman After 2022 Sexual Encounter, Prosecutors Say
Federal prosecutors said a Chinese-born woman contacted the billionaire via LinkedIn in 2022, had sex with him at her Manhattan apartment and then demanded $1.2 billion while threatening to release explicit material. The woman was arrested at JFK International Airport in June 202…
nypost.comworld46 days ago
FBI Arrests 19 in Decade-Long Insider Trading Scheme Involving Coded Communications
Federal authorities unsealed charges against 30 people on May 8 2026 for allegedly stealing confidential information from more than two dozen merger and acquisition deals at top U.S. law firms. The scheme, which lasted approximately a decade, netted participants tens of millions…
Substrate placeholder — needs reviewpolitics47 days ago
Seoul Prosecutors Indict 9 in Alleged KOSDAQ Share-Price Manipulation Case
The Seoul Southern District Prosecutors Office announced the arrests of three ringleaders and indictments of nine others in a scheme that generated at least 1.4 billion won in illegal profits. The ring manipulated a KOSDAQ-listed company's stock from December 2024 to April 2025 u…
The Bbcbusiness48 days ago
Illegal Money Lenders Use Threats and Documents to Control Borrowers
Investigators seized weapons and identity documents including babies' passports during raids on suspected illegal money lenders. Victims have described threats of violence that led some to attempt suicide and pay back far more than originally borrowed. Officials received 597 repo…
Substrate placeholder — needs reviewpolitics48 days ago
Vladimir Sklarov Charged With Fraud in $450 Million Loan Deal Involving Ricardo Salinas Pliego
A U.S. indictment unsealed Monday charges Vladimir Sklarov with using aliases and a sham company tied to the historic Astor family to defraud Mexican billionaire Ricardo Salinas Pliego. Sklarov was arrested in Chicago on Saturday after allegedly selling collateral shares worth at…
FO
Financial Timesfinance48 days agoUpdated
U.S. Prosecutors Charge 30 in Global Insider Trading Scheme
Officials announced charges against 30 people for their involvement in a decade-long insider trading ring that generated tens of millions of dollars in illegal profits. Elite Wall Street lawyers are accused of aiding the operation. The scheme spanned multiple countries and lasted…
WA
South China Morning Postworld62 days ago
Over 300 Foreign Nationals Arrive in Malaysia Seeking Justice in $25 Billion Fraud Case
More than 300 foreign nationals, mostly from mainland China, arrived in Malaysia on April 21, 2026, after losing over 8 billion ringgit to a fraudulent scheme. The scam, named High Inspirations and run by a Penang-based Malaysian, operated for over three years with promises of up…
Substrate placeholder — needs reviewtechnology68 days agoUpdated
Two Americans Sentenced for Role in $5 Million North Korea IT Worker Fraud Scheme
Two Americans have been sentenced for their involvement in a scheme that helped North Korea steal approximately $5 million through a fake IT worker fraud operation. The scheme involved creating fraudulent employment contracts and wire transfers to facilitate the theft.
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Substrate placeholder — needs reviewfinance73 days ago
Kuwaiti Interior Ministry Details Methods in Money Laundering Case
The Kuwaiti Interior Ministry reported that individuals accused in a money laundering case used commercial entities to clean funds. The ministry stated that the accused transported the money by air and land through individuals to avoid detection. This follows the ministry's annou…
FI