Financial Crime

Cop on the Street: What Can a Cop Learn about Counter-Terrorism from a Fighter Pilot?

In a new, occasional blog series titled, “Cop on the Street”, we will explore practical insights on matters critical to law enforcement officers. Today’s cop…

Ray Guidetti August 08, 2019

Casinos: Keeping In Line With Title 31 (Part 1)

In a new two-part blog series, we examine how casinos are on the front lines of money laundering investigations amid rising government enforcement actions. Will…

Legal Executive Institute August 06, 2019

Jeffrey Epstein Moved Money Abroad via Deutsche, Records Show

Deutsche Bank earlier this year unearthed and reported to the U.S. Treasury Department suspicious international transactions involving Jeffrey Epstein, the wealthy financier facing federal sex…

Brett Wolf August 01, 2019

INTERVIEW: Marijuana Firms Slowly Gain Bank Access, Says Ex-U.S. Treasury Official

A "fear factor" that has kept banks from serving marijuana-related businesses in the United States is easing amid changing attitudes on Capitol Hill. As a…

Brett Wolf July 25, 2019

Deutsche Restructuring Sees Compliance, Financial Crime Teams Merged

The long-awaited shake-up at troubled Deutsche Bank will see Sylvie Matherat, chief regulatory officer, exit on July 31, and Chief Risk Officer Stuart Lewis assume…

Legal Executive Institute July 18, 2019

Rising Trends: Inspector General Cites the Top Healthcare Fraud Concerns in New Report

Fraud, waste and abuse related to healthcare continues to soar in the U.S. Losses are in the tens of billions of dollars, according to estimates…

Melissa D. Berry July 17, 2019

Crypto-Crime Continues to Surge, But There are Ways to Prevent It

Financial fraud and criminal schemes tend to go where the action is, so it’s no surprise that cryptocurrencies are seeing a spike in related crimes,…

Gina Jurva June 20, 2019

U.S. Treasury Virtual Currency Guidance Could Set New Global Standard, Experts Say

A virtual currency guidance and advisory issued by the U.S. Treasury Department's anti-money laundering (AML) unit issued last week clarified regulatory expectations, riled some cryptocurrency…

Brett Wolf June 04, 2019

Forum Magazine: Financial Institutions Are at the Center of the Fight Against Human Trafficking

Approximately 40.3 million people live in some form of modern, human slavery. No, this isn’t a statistic from centuries ago or even 100 years ago.…

Gina Jurva May 23, 2019

UK’s FCA Turns Up the Heat on Wholesale Brokers over Compliance & Culture

Despite not being known as bastions of best practice for compliance, conduct, or culture, wholesale brokers in the United Kingdom have avoided the wrath of…

Rachel Wolcott May 10, 2019

7 Questions about Threat Organizations, Fraud & Money Laundering

The odd thing about money laundering is that it requires that you have money in the first place. Often, these laundered funds come from illicit…

Gina Jurva May 09, 2019

Weeding Out Bad Doctors: Preventing Healthcare Provider Fraud in Medicare & Medicaid

As our nation’s healthcare costs continue to go up and the government’s costs paid for programs such as Medicare or Medicaid continue to increase apace,…

Gina Jurva May 01, 2019