Financial Crime

Financial crime is defined as crime that is specifically committed against property. These crimes are almost always committed for the personal benefit of the criminal, and they involve an illegal conversion of ownership of the property that is involved.

Source: complyadvantage.com

US Seizes $225.3 Million in Cryptocurrency Tied to Investment Fraud Schemes

US Seizes $225.3 Million in Cryptocurrency Tied to Investment Fraud Schemes
US Seizes $225.3 Million in Cryptocurrency Tied to Investment Fraud Schemes
June 18, 2025  |  Cryptocurrency

The Justice Department filed a civil forfeiture complaint Wednesday (June 18) targeting over $225.3 million in cryptocurrency that it said is connected to the theft...

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Nacha Updates Resources to Help Financial Institutions Protect Seniors From Fraud
Nacha Updates Resources to Help Financial Institutions Protect Seniors From Fraud
June 12, 2025  |  Fraud Prevention

Nacha’s Payments Innovation Alliance has updated two of the tools it offers to help financial institutions protect older Americans from financial fraud. Get the Full Story...

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Crypto-Related Suspicious Activity Reports Jump 8% in Germany
Crypto-Related Suspicious Activity Reports Jump 8% in Germany
June 10, 2025  |  Cryptocurrency

A German financial watchdog has reportedly recorded a record number of crypto-related suspicious activity reports. Get the Full Story Complete the form to unlock this...

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Starling Bank’s Profits Dip Due to COVID and Crime Control Issues
Starling Bank’s Profits Dip Due to COVID and Crime Control Issues
May 28, 2025  |  Earnings

Neobank Starling expanded its customer base last year, even as regulatory issues diminished profits. Get the Full Story Complete the form to unlock this article and enjoy...

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Coinbase: Justice Department to Pursue Criminal Charges Against Cybercriminals
Coinbase: Justice Department to Pursue Criminal Charges Against Cybercriminals
May 19, 2025  |  Cryptocurrency

The Justice Department is reportedly investigating the data breach announced last week by Coinbase Global. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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UK Investment Association Warns of Rise in ‘Cloning Scams’
UK Investment Association Warns of Rise in ‘Cloning Scams’
May 18, 2025  |  Cybersecurity

A British investment group is warning consumers about the proliferation of “cloning scams.” Get the Full Story Complete the form to unlock this article and...

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Coinbase Says Cybersecurity Incident Could Cost It $400 Million
Coinbase Says Cybersecurity Incident Could Cost It $400 Million
May 16, 2025  |  Cybersecurity

Coinbase disclosed that the cybersecurity incident it reported Thursday (May 15) could cost it as much as $400 million. Get the Full Story Complete the form...

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AI Explainer: How Large Transaction Models Are Securing Payment Flows
AI Explainer: How Large Transaction Models Are Securing Payment Flows
May 14, 2025  |  Artificial Intelligence

Digital transformation has opened a fire hose of new information flows, particularly around payments and commerce. Get the Full Story Complete the form to unlock...

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