Six men were convicted by a Paris court in a $50 million impersonation plot that conned wealthy residents into giving money to help the government with covert operations involving hostages, The New York Times reported on Thursday (March 11). Get the Full Story Complete the form...
The Swedbank anti-money laundering (AML) probe by the law firm Clifford Chance has uncovered 586 transactions totaling roughly $4.8 million in possible U.S. sanction violations, Swedbank said in a press release on Wednesday (March 11). Get the Full Story Complete the form to unlock this...
A Russian national believed to be behind the Deer.io service, which lets hackers advertise and sell stolen information, has been arrested by the FBI, according to published reports Tuesday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Cincinnati-based Fifth Third Bancorp alleging that employees opened accounts for customers without their consent in an effort to reach sales targets, according to reports on Tuesday (March 10). Get the Full Story Complete the form...
Yes Bank founder Rana Kapoor was arrested on money-laundering charges amid efforts to formulate a rescue plan for the country’s fourth-largest private lender, Reuters reported on Sunday (March 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
To ferret out crime, follow the money; to put a stop to crime, stop the money from getting to the bad guys in the first place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
This week in payments can be summed up, of course, in one word: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Virgin Media announced Thursday (March 5) that the personal details of 900,000 customers had been accessed by a third party as the company left a marketing database unsecured for months, according to the Financial Times. Get the Full Story Complete the form to unlock this...
Online retailers have to be wary of scams centering around the deadly coronavirus as it now makes its way across the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
