Category

News
On March 5, 2021, John David McAfee, the antivirus software pioneer and Executive Adviser of his cryptocurrency team, was indicted in Manhattan Federal Court, New York for Fraud and Money Laundering Conspiracy Crimes stemming from two cryptocurrency schemes. To Access full article: Click here
Read More
Thursday February 25, 2021, John Geddert who had coached the 2012 US Olympic women's gymnastics team, was found dead after being charged with 24 felonies in connection with the abuse of young gymnasts. To Access full article: Click here
Read More
January 15, 2021, the Financial Crimes Enforcement Network (FinCEN), announced Capital One, National Association has been assessed a $390,000,000 civil money penalty for engaging in willful and negligent violations of the Bank Secrecy Act (BSA) and implementing its regulations. To Access full article: Click here
Read More
On January 14, 2021, The U.S. Treasury Department, The Office of Foreign Assets Control (OFAC), announced that an Indonesian company agreed to pay over $1 million to settle potential civil liability for twenty-eight (28) apparent violations of the North Korea sanctions Program Regulations. To Access full article: Click here
Read More
On December 28, 2020, Switzerland’s Federal Ministry of Justice announced that the United States (U.S) will receive $150 million from previously blocked bank accounts by the end of 2020 to go to victims of Ponzi Scheme artist Robert Allen Stanford. To Access full article: Click here
Read More
On October 15, 2020, “A federal grand jury in San Francisco, California, indicted Robert T. Brockman, the Chief Executive Officer of an Ohio-based software company, with tax evasion, wire fraud, money laundering, and other offenses”. To Access full article: Click here
Read More
On September 20, 2020, the FinCEN Leaked Files were globally publicized. “Leaked documents involving about $2tn of transactions revealed how some of the world's biggest banks have allowed criminals to move dirty money around the world”. To Access full article: Click here
Read More
May 4, 2020, the Financial Action Task Force (FATF) issued a paper on "COVID-19 related Money Laundering and Terrorist Financing Risks and Policy Responses. This paper identifies challenges and new money laundering and terrorist financing threats and vulnerabilities arising from the COVID-19 crisis". To Access full publication: Click here
Read More
On March 4, 2020, the Financial Crimes Enforcement Network (FinCEN) fined Michael LaFontaine, former Chief Operational Risk Officer at U.S. Bank National Association (U.S. Bank), for his failure to prevent violations of Anti-Money Laundering /Bank Secrecy Act (BSA). To Access full article: Click here
Read More
On September 7 2019, ECCB, in consultation with the ECCB Monetary Council, approved the application for the transfer of assets and liabilities of the Bank of Nova Scotia (BNS) to the Republic Financial Holding Limited (RFHL) in Anguilla, the Commonwealth of Dominica, Grenada, St Kitts and Nevis, Saint Lucia and St Vincent and the Grenadines,...
Read More
1 2 3 7

ComplianceAid BSA AML Services LLC

150 SE 2nd Ave, Suite 300
Miami, Florida, 33131, USA
+1 (305) 772-9712
contact@complianceaid.pro

Follow us on

Newsletter

s2Member®