On Sept. 4, 2024, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) published a final rule imposing new anti-money laundering (AML) and countering the financing of terrorism ...

An ancient credit system developed in China that relied on trust to help traders sidestep authorities and taxes is now being used to conceal illegal trafficking and increasingly environmental crimes, ...

LOUISVILLE, Ky. (WDRB) -- Seven people indicted for money laundering are accused of funneling millions of dollars to Mexico in a case involving drug trafficking, guns and a lot of cash. It's what the ...

Five men have been indicted in a series of bribery and money laundering schemes that allegedly funneled hundreds of thousands of dollars — along with luxury trips — to a high-level Delta Airlines ...

New York Attorney General Letitia James announced Wednesday the indictment of four Long Island men and a fifth co-conspirator for dozens of crimes related to their roles in years-long bribery and ...

Beneath the surface of Medicaid’s state-federal partnership lies a tangled web of financial sleight-of-hand that quietly drains federal coffers, shifts enormous costs from states to the federal ...

Chinese nationals engaged in extensive money-laundering operations in the U.S., moving a suspected $312 billion in illicit cash over the past five years, the Treasury Department revealed Thursday. The ...

U.S. trade policy is now synonymous with tariff policy. President Trump’s latest round of higher taxes on imports went into effect on Aug. 7, and the 40 countries with which the U.S. runs a trade ...

Last week, the Canadian government issued its 2025 report assessing money laundering and terrorist financing risks in Canada. The report noted that Hezbollah was using both illicit and otherwise legal ...

The arrest of a woman in Harrods exposed a widespread problem in London. LONDON -- At first glance, a rich woman going on a spending spree in Harrods, the luxury department store in London, seems an ...

EXCLUSIVE — The FBI says two men have been indicted in connection with an alleged money-laundering scheme tied to Venezuelan dictator Nicolás Maduro’s children. The indictments come after a years-long ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The warning was part of the EBA's 2025 opinion paper on ...