— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News VANCOUVER—Police have called Bitcoin ATMs “an ideal money-laundering vehicle,” and Vancouver’s mayor has even suggested a ban, but experts and businesses say federal regulation is what’s really needed to rein in a currently unregulated sector. Unlike other money-service businesses such as…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News BATON ROUGE, La. (WAFB) – John Paul Funes, the former president of the Our Lady of the Lake Foundation, was officially charged with wire fraud and money laundering, according to a June 4 news release from the Department of Justice (DOJ).…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News BRUSSELS — The European Union’s embassy in Moscow was hacked and had information stolen from its network, according to a leaked internal document seen by BuzzFeed News. An ongoing “sophisticated cyber espionage event” was discovered in April, just weeks before the…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News It has been 50-years since Neil Armstrong and Edwin “Buzz” Aldrin became the first men to walk on the moon. They blasted off in Apollo 11 on July 16, 1969, and, four days later, they became two of the biggest names…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News An intricate affair of fraud, corruption, and money laundering by senior Palestinian Authority (PA) officials who transferred the funds to Hamas terrorists training in Malaysia has been exposed, TPS reports. Official PA documents obtained by TPS show that Mahmoud Al-Habash, Supreme…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Shares of Apple Inc were down nearly 3% in afternoon trading on Mon following a Reuters report that the U.S. Dept of Justice was given jurisdiction to include the iPhone maker as part of broader antitrust probe. Stock has since pared…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News It is the second time the UK is using a new law that was introduced last year in an effort to tackle illicit financing and money laundering. The so-called Unexplained Wealth Order (UWO) allows authorities to confiscate assets that owners cannot…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Austrian Chancellor Sebastian Kurz has called a snap election following the collapse of his coalition government over a corruption scandal. The move came after Vice-Chancellor Heinz-Christian Strache resigned after secret footage emerged showing him talking to an alleged Russian investor. Mr…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News 2018 brought about a major shift and more clarity in the world of individual data privacy. May marked the one-year anniversary since the European General Data Protection Regulation (GDPR) was introduced. The regulation was an attempt to unify the existing legislation…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The moon has always served as an inspiration for humanity, and there are many potential benefits for further exploration of our planet’s rocky satellite. But we need to establish guidelines to prevent unethical behavior on the moon, particularly regarding the use of…
