money laundering

Money laundering is the illegal process of concealing the origins of money obtained illegally by passing it through a complex sequence of banking transfers or commercial transactions.

Source: en.wikipedia.org

‘Fraud Squad’ Cracks $43M Money Laundering Ring
‘Fraud Squad’ Cracks $43M Money Laundering Ring
April 25, 2016  |  Security & Fraud

The City of London Police made what’s believed to be the biggest seizure ever by U.K. law enforcement last week. CNNMoney reported that a special...

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Bangladesh Bank Heist Now Involves Casinos
Bangladesh Bank Heist Now Involves Casinos
March 30, 2016  |  Security & Fraud

As details of the bank heist that allowed hackers to lift nearly $81 million from the central bank of Bangladesh continue to emerge, the story...

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Ferreting Out Transaction Laundering
Ferreting Out Transaction Laundering
March 01, 2016  |  Security & Fraud

Illicit business payments have been washing through merchant accounts – and G2 Web Services has found that even shutting down laundering merchants is not always...

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ISIS Wants Greenbacks — And That’s A Worrisome Sign
ISIS Wants Greenbacks — And That’s A Worrisome Sign
February 17, 2016  |  International

Here’s the good news: ISIS is strapped for cash and morale is low. Here’s the bad news: ISIS is strapped for cash and morale is...

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