investigations

SEC, US Attorney Charge Joonko Founder Ilit Raz With Fraud
SEC, US Attorney Charge Joonko Founder Ilit Raz With Fraud
June 11, 2024  |  Legal

The founder of a now-closed artificial intelligence (AI) recruitment startup called Joonko is facing charges from both the Securities and Exchange Commission (SEC) and the...

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Analysts Say Fines Could Rise as TD Bank Faces Additional Allegations
Analysts Say Fines Could Rise as TD Bank Faces Additional Allegations
June 05, 2024  |  AML

Toronto-Dominion Bank (TD Bank) reportedly could be facing fines of up to $4 billion in relation to money-laundering probes in the United States. This estimate by...

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Will Regulators’ Public Shaming Blunt Innovation?
Will Regulators’ Public Shaming Blunt Innovation?
June 05, 2024  |  Regulation

The respective online “walls of shame” that U.S. and U.K. regulators have proposed to erect — spotlighting companies under various investigations — may have a...

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DOJ Charges 2 With Money Laundering Around ‘Pig Butchering’ Scams
DOJ Charges 2 With Money Laundering Around ‘Pig Butchering’ Scams
May 17, 2024  |  Legal

Two Chinese nationals have been charged with leading a scheme to launder proceeds from cryptocurrency investment scams. The indictment, unsealed in the Central District of...

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Tesla’s Autopilot Scandal Puts Future of Autonomous Transport Under Microscope
Tesla’s Autopilot Scandal Puts Future of Autonomous Transport Under Microscope
May 09, 2024  |  Transportation

If you take your hands off the wheel, you might crash.  That proverbial piece of advice, commonly leveled at business leaders and managers, has taken...

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UK’s FCA Defends Proposal to Disclose Companies Under Investigation
UK’s FCA Defends Proposal to Disclose Companies Under Investigation
May 08, 2024  |  Regulation

The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, has reportedly faced a backlash from the industry regarding its proposal to publicly disclose companies under...

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EC Deepens Investigation of AliExpress Compliance With Digital Services Act
EC Deepens Investigation of AliExpress Compliance With Digital Services Act
March 14, 2024  |  Regulation

The European Commission (EC) has opened formal proceedings to determine whether AliExpress breached requirements of the Digital Services Act. The probe will look at the...

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DHS, FBI Investigating Service Outage on AT&T Mobile Network
DHS, FBI Investigating Service Outage on AT&T Mobile Network
February 22, 2024  |  Mobile

Several federal agencies are working with AT&T to identify the cause of a widespread service outage that struck the company’s mobile network Thursday (Feb. 22). ...

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Raiffeisen Bank International Discloses Investigation by Austrian Financial Regulator FMA
Raiffeisen Bank International Discloses Investigation by Austrian Financial Regulator FMA
February 22, 2024  |  AML

Raiffeisen Bank International (RBI) disclosed Thursday (Feb. 22) that it is being investigated by Austria’s financial regulator, FMA, over alleged anti-money laundering (AML) failures. The bank said...

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