Before the COVID-19 pandemic hit, the federal government’s Financial Crimes Enforcement Network (FinCEN) already had its collective hands full investigating cyber-crime, identity theft, drug trafficking,…
The financial services industry has experienced an uptick in business due to the CARES Act and the issuance of Payroll Protection Program (PPP) loans. In…
The recent COVID-19 crisis has shone an amplified spotlight on global supply chain risk. The modern supply chain already is a complex web of manufacturers,…
Disaster fraud, a deliberate act to defraud individuals or the government after a catastrophe, has become an imminent problem during the COVID-19 crisis, creating a…
Just like May flowers follow April showers, Ponzi schemes implosions often will follow a market crisis. The last example of this phenomenon was the 2008…
Terrorists can finance their operations in any number of ways — drug trafficking, smuggling (oil, pharmaceuticals, antiquities), counterfeiting, fraud, theft, kidnapping, and extortion. They’re also…
NEW YORK — With increasing data flow among global financial institutions expanding, compounded by newly minted hybrid financial organizations in FinTech, managing these highly regulated…
What do corporate counsel need to know about how self-reporting criminal or civil misconduct before a government discovers the violation? Most importantly, it can result…
A U.S. casino industry group this month updated its guidance on anti-money laundering (AML) obligations to take account of developments that include the expansion of…
The use of biometrics and e-identification is growing as financial services firms see the benefits of these technologies for client onboarding, security, and anti-fraud measures.…
As marijuana becomes more accepted as both a medical and recreational option and more U.S. states legalize or consider legalization of marijuana, the federal government,…