In a recent interview with Fox Business, Former SEC Chairman Harvey Pitt explained the many “concerns” surrounding a special purpose acquisition company or (SPAC) on…
Former Paraguayan Lawmaker Slapped with Jail Sentence for Money Laundering Cocaine Scheme
A former member of Paraguay’s Congress was sentenced today to 33 months in prison for her role in an international money laundering conspiracy, U.S. Attorney Philip…
Indian AML Startup IntelleWings Raises $650k in pre-Series A Financing
ntelleWings Private Limited, an AI-powered and SaaS enabled AML/CFT (Combating the Financing of Terrorism) Compliance company, today announced that it has raised $650K in pre-Series…
Francis Haugen Wants Civil Society to Have Access to Platform Data Under New Law
Francis Haugen became known worldwide as one of the most famous whistleblowers when she stepped forward to disclose tens of thousands of internal Facebook documents…
Insider Trading at Twilio Results in Charges against 7 Defendants
Three employees at San Francisco cloud communications company Twilio are among seven people charged in connection with a $1 million insider trading scheme, the Securities…
Major Money Laundering Case Snares Lebanon’s Central Bank
Authorities in three European countries have frozen more than $130 million in assets linked to an investigation into money laundering in Lebanon, a European Union…
Microsoft Fires Whistleblower Employee for Exosing Corrupt Practices
A whistleblower has claimed that he was fired by Microsoft after bringing attention to bribes that were being conducted at the company. Yasser Elabd, the…
Lax Offshore Enforcement Has Allowed Russian Oligarchs to Skirt Sanctions
In July 2012, a shell company registered in the British Virgin Islands wired $20 million to an investment vehicle in the Cayman Islands that was…
Fighting Covid-19 Relief Fraud Will Depend on Whistleblowers
In the aftermath of the Covid-19 pandemic, the US government unleashed billions of dollars of stimulus and aid programs into the economy, with a significant…
US Banks Are Not Doing Enough to Stop Putin’s Money Laundering Network
Bill Browder spent a decade traveling the world raising the alarm over Vladimir Putin. “If you want to go after Putin, go after his money,…