The Securities and Exchange Commission is vastly expanding its fight against cryptocurrency fraud by hiring more than a dozen new employees to combat cybercrime, the…
British Authorities Reveal that KYC Compliance is a Joke
Challenger banks must improve how they assess financial crime risk following a review by the U.K. Financial Conduct Authority (FCA) that found some fail to…
Deutsche Bank HQ Raided by Police in Money Laundering Investigation
Prosecutors, federal police and other officials searched Deutsche Bank’s headquarters in Frankfurt on Friday in a move Germany’s largest lender said was linked to suspicions of…
Elon Musk’s War on the SEC Reaches New Heights
Elon Musk called the Securities and Exchange Commission (SEC) “shameless puppets” of Wall Street short-sellers on Monday in a string of tweets describing his short-lived…
‘Gaslit’ TV Show Brings Whistleblowers Front and Center
Following in the vein of investigative favorites gone before, such as The Big Short and Spotlight, Gaslit on Starz is a new political thriller tackling…
‘Snitches Get Stitches’ – Goldman Sachs Reports on MorganStanley to Hong Kong Regulators
Goldman Sachs reported rival Wall Street bank Morgan Stanley to Hong Kong’s financial regulator over a series of block trades, according to people familiar with…
DOJ Has Failed on COVID Fraud Oversight, Says Khardori
The Department of Justice under the administration of President Joe Biden has not exactly won a lot of praise. Now, according to lawyer and POLITICO…
Chinese Companies Face Delisting under Sarbanes-Oxley
In mid-March, it was reported that U.S. and Chinese regulators were getting closer to a cooperation plan regarding Chinese companies listed on U.S. stock exchanges.…
Netflix Lawsuit is Seeking Whistleblowers
A activist shareholder law firm has announced that it has commenced an investigation on behalf of Netflix, Inc. (“Netflix” or the “Company”) (NASDAQ: NFLX) investors…
Convicted Money Launderer Still Manages to Gamble at Vegas Casinos
A federal judge in California is ordering convicted money launderer David Stroj to answer for violating the terms of his supervised release by admittedly gambling…