Welcome to our weekly newsletter focused on providing you with the latest news and insights on risk, AML, regulatory technology, and financial crime compliance.
This week, we begin with unraveling the Latest Developments in Crypto Regulations Around the World”, the article explores evolving global crypto regulations and their impact on the industry. Next, we have an article on how Patrice Runner, who was involved in a psychic scam, was convicted for defrauding victims of millions of dollars, highlighting the prevalence of fraud in the psychic industry.
After this, we have a story on a Former Louisiana hospital executive who was sentenced for wire fraud, underscoring the repercussions of financial misconduct and breach of trust in healthcare organizations. Furthermore, we have a piece on how UK banks increase data sharing efforts to crackdown money laundering, aiming to strengthen the fight against illicit financial activities.
Moving forth, we have an article on scam calls targeting Bank of America customers that raises concerns about potential fraud. Lastly, we have a piece on Australian police conducting a raid on the headquarters of Britishvolt owner in connection with alleged tax fraud, highlighting legal troubles surrounding the company.