Money Laundering Newswire

Kenya Money Laundering Crackdown Triggers Global Risk Alarm as Fintech, Trade Face Fallout

Kenya is facing unprecedented scrutiny over a massive surge in suspicious financial activity, with Sh6.97 trillion flagged in just three years. At the heart of this tidal wave of alerts is a deepening money laundering crackdown, as regulators and …

GLP-1 prescriptions soar 587%; $16M hospice fraud and money laundering scheme; AI model spots hidden signs of sudden ...

GLP-1 prescriptions soar 587% as obesity treatment shifts away from surgery A new analysis from FAIR Health shows GLP-1 drug use for obesity has surged 587% since 2019, now surpassing 2% of U.S. adults. The rise coincides with a 42% drop in bariatric …

Monaco strengthens private sector role in anti-money laundering and counter-terrorism efforts

Authorities in Monaco have stepped up their campaign against financial crime with a major information session aimed at boosting private sector compliance with international anti-money laundering (AML) and counter-terrorism financing (CFT) standards. Held …

Criminal case on money laundering and tax evasion solved in Armenia, searches conducted

NEWS » Society » Criminal case on money laundering and tax evasion solved in Armenia, searches conducted The Investigative Committee of Armenia reported on the progress of the investigation of a criminal case on large-scale fraud, money laundering and tax …

UAE Central Bank Fines Exchange Houses $1.12M for Anti-Money Laundering Violations

The Central Bank of the UAE has imposed financial penalties totalling AED4.1m ($1.12m) on three exchange houses for failing to comply with anti-money laundering (AML) and counter-terrorism financing (CFT) regulations. The sanctions, issued under Article ( …

Democrat Under Indictment for Money Laundering Slams Trump Tariffs: ‘I Have a Lot of Businesses That Are Facing This ...

Rep. Henry Cuellar (D-TX) – the congressman currently under indictment for bribery and money laundering – criticized President Donald Trump’s most recent trade tariffs on Monday, complaining, “I have a lot of businesses that are facing this uncertainty.” “ …

U.K. fines Monzo £21 million over anti-money laundering lapses

The UK’s Financial Conduct Authority fined Monzo Bank Ltd. £21 million ($29 million) over failures tied to the digital lender’s systems for stopping financial crime. Between 2018 and 2022 — a period during which Monzo’s customer base soared roughly tenfold …

Money laundering accused security guard denied bail

MAS Takes Regulatory Actions Against 9 Financial Institutions for Anti-Money Laundering Related Breaches

The Monetary Authority of Singapore (MAS) announced today its regulatory actions against nine financial institutions (FIs) and a number of individuals for anti-money laundering related breaches. MAS has completed its supervisory examinations against …

Terrorists in UK prisons teaching criminals how to make bombs in exchange for lessons on how to launder money

Terrorists in British prisons are teaching organised criminals how to make bombs in exchange for lessons on money laundering techniques, a new study has revealed. The research reveals that extremist inmates are also learning from gang members how to …

Final Three Members Charged in Prolific Chinese Money Laundering Scheme Plead Guilty to Laundering Tens of Millions in ...

Two Chinese nationals and a New York woman, all members of a prolific Chinese money laundering organization (CMLO), pleaded guilty today to money laundering charges involving drug trafficking proceeds. They are the last of six total defendants charged in …

ED Records Victim’s Statement In Money Laundering Case Against IPS Officer’s Husband Purushottam Chavan

ED Records Victim’s Statement In Money Laundering Case Against IPS Officer’s Husband Purushottam Chavan | File Photo Mumbai: The Enforcement Directorate (ED) on Monday recorded the statement of a Sion-based businessman in connection with a fresh money …

RCMP lays 29 charges in alleged $40M money laundering scheme

July 7, 2025, Calgary, Alta. – The Royal Canadian Mounted Police’s (RCMP) Integrated Money Laundering Investigative Team (IMLIT) has laid 29 charges against two individuals and one company in connection with an alleged $40 million money laundering and …

Lawmakers Repeal Immunity Clause in Ant-Money Laundering Law

Parliament moved today to rescind a controversial provision in a recently ratified anti-money laundering and counterterrorism bill granting undercover law enforcement agents immunity against prosecution for crimes committed under duress in the course of an …

Terror money laundering operation broken up

Tel Aviv [Israel], July 7 (ANI/TPS): The Israel Police exposed a money exchange network that it said operated to launder and transfer money to terrorist elements. Approximately eight million Shekels (USD 2.39 million) in cash, checks, and securities …

Customs Warns Overseas’ Travellers Of Breaching Anti-Money Laundering Laws

The Nigeria Customs Service (NCS) has once again issued a stern reminder to outbound international passengers saying that any individual carrying $10,000 or its equivalent in foreign currency must declare the funds to Customs authorities at the point of …

World News | Terror Money Laundering Operation Broken Up

Tel Aviv [Israel], July 7 (ANI/TPS): The Israel Police exposed a money exchange network that it said operated to launder and transfer money to terrorist elements. Approximately eight million Shekels (USD 2.39 million) in cash, checks, and securities …

B.C. pushes to enforce settlement in $220-million money laundering investigation

“Unless there is evidence to prove fraud, duress, lack of capacity or mutual mistake in support of application to set aside the agreement under general contract principles, then the court has no alternative, in the end, but to enforce the agreement,” the …

EGBA to amend anti-money laundering guidelines

The 2023 AML guidelines will be amended in 2026 to reflect the findings of the yearly report. By Rory Calland Key points:  - EGBA members complete second yearly report on AML measures  - Amended guidelines will be announced in 2026  - Likely to include a …

Retirement Tax Consultants Unveils Roth Conversion Strategy That Cuts Taxes by 35% or More

The Best Way to Save on Roth Conversion Taxes Your CPA or Financial Adviser Doesn't Know About MCKINNEY, TX, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Retirement Tax Consultants, a national leader in retirement tax and income …

CU*SOUTH Partners with Dolphin Debit Access to Deliver Trusted, Full-Service ATM Solutions to Credit Unions

Partnership strengthens CU*SOUTH’s commitment to providing credit unions with innovative, cost-effective member access technology. FAIRHOPE, AL, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- CU*SOUTH, a 100% credit union-owned credit union …

PureCipher Awarded Air Force Direct-to-Phase II SBIR Contract to Deliver Secure Aerial Combat Communications

Breakthrough Security Platform to Strengthen U.S. Air Dominance BOCA RATON, FL, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- PureCipher™ has been awarded a prestigious Direct-to-Phase II SBIR contract by AFWERX to develop a next-generation …

The Top Accounts Receivable Automation Software According to the FeaturedCustomers Summer 2025 Customer Success Report

FeaturedCustomers releases the Summer 2025 Accounts Receivable Automation Software Customer Success Report. COOPER CITY, FL, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Today FeaturedCustomers published the Summer 2025 Accounts Receivable …

The Top FP&A Software Vendors According to the FeaturedCustomers Summer 2025 Customer Success Report

FeaturedCustomers releases the Summer 2025 Financial Planning & Analysis (FP&A) Software Customer Success Report. COOPER CITY, FL, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Today FeaturedCustomers published the Summer 2025 …

Money Expert Peter Dunn’s New Book Examines Impact Employee Well-being Has on Bottom Line and What HR Can Do About It

The must-read for HR leaders looks at the challenges facing American workers today and how, if left unaddressed, they can become the employer’s problem, too. INDIANAPOLIS, IN, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Your Money Line, …

The Great Career Shift: Independent Consulting Becomes Long-Term Career Choice, Not Just Freelance Gig

LONDON, UNITED KINGDOM, July 8, 2025 /⁨EINPresswire.com⁩/ -- According to The Barton Partnership’s latest Independent Consulting & Advisory in Review Report, the profession is no longer seen as a career stopgap. The report, now in its 10th …

Over 100 GovCon Leaders Registered for CDA + Vanta’s CMMC Rule 32 Webinar – Less Than 10 Days to Go

Cyber Defense Advisors and Vanta’s free webinar will help defense contractors understand new CMMC requirements and avoid common compliance missteps. TAMPA, FL, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- With CMMC Rule 32 now officially in …

A Call for European Courts to Get Back On Track - Litigation Funding and Justice System Reform

BRUSSELS, BELGIUM, July 8, 2025 /⁨EINPresswire.com⁩/ -- A Call for European Courts to Get Back On Track - As European institutions consider new regulations for litigation funding, broader questions emerge about the health of the continent's …

Trademo Intel Now Offers Due Diligence Reports for Risk Assessment, Ownership Details & Financial Insights

Trademo Launches New Due Diligence Reports Feature, Now Live on Trademo Intel PALO ALTO, CA, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Trademo, a global leader in supply chain intelligence and compliance solutions, is excited to launch …

Foreclosure.com and Randy Patrick discuss 6 Million Homeowners Struggling and the Housing Market

Foreclosure.com has launched a series of video interviews with real estate experts across the US to help home buyers find opportunities in the housing markets. BOCA RATON, FL, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Foreclosure.com, …

Institutional Real Estate, Inc. Appoints Doris Holinaty as Managing Director – Global Markets

SAN RAMON, CA, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Institutional Real Estate, Inc. (“IREI”), the 38-year-old independent publisher of news and analysis for the institutional real estate investment community, today announced the appointment …

Black Dog HT&C Files Patent to Advance Indoor Cultivation Tech

Patent enables faster harvests, higher margins, and AI-optimized crop control—advancing scalable innovation in indoor agriculture. LONGMONT, CO, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Black Dog Horticulture Technologies & …

Health Advocates Network Holdings Corp. Announces Completion of Oversubscribed Debt and Equity Offerings

Combined Offerings Raise $15,625,000 in Growth Capital BOCA RATON, FL, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Health Advocates Network Holdings Corp., a leading scale provider of innovative healthcare workforce solutions through its …

X-Analytics and NACD Expand Offering to Strengthen Cybersecurity and AI Risk Governance

Board-Level Risk Intelligence Enables Effective Technology Risk Governance NEW YORK, NY, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- X-Analytics, the leading cyber risk management and AI risk governance platform and the National …

Shaip Overhauls Its Own AI Workforce with Airtm with Faster Pay, Higher Retention, Fairer Access

DOVER, DE, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Airtm, the leading payment and contributor platform empowering digital workers in the Global South, announced a strategic new partnership with Shaip, a data-centric AI solutions …

National Financial Literacy Quiz Launches Amid Growing Concerns About U.S. Money Education

New Tool Aims to Measure Financial Knowledge Gaps and Spark Data-Driven Reform ALPHARETTA, GA, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Despite a thriving economy and record access to financial tools, the majority of Americans continue …

AI Drives Misleadingly Positive MD&A in Quarterly Reports—Securities Litigation Likely to Emerge

NEW YORK, NY, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- This article written by Michael Watson, Senior Legal Counsel at international litigation funder Deminor, examines a new study finds that public companies are increasingly using …

Bright Pattern and AvanteNow Partner to Deliver IT Service Management with AI-Powered Contact Center Capabilities

SAN FRANCISCO, CA, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- Bright Pattern, a global leader in AI-powered cloud-based contact center solutions, and AvanteNow, a renowned IT service specialist, have announced a new partnership. This …

Veteran Dealmaker Cameron Bishop Featured on The Entreprenudist Podcast, Unpacking Secrets to a Successful Business Exit

Cameron Bishop reveals key strategies for a successful business exit on The Entreprenudist Podcast, guiding owners through the sell-side journey. JACKSONVILLE, FL, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- In an era where nearly 80% of …