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

Crypto Wallet Firm Ledger Reports Security Breach 
Crypto Wallet Firm Ledger Reports Security Breach 
December 14, 2023  |  Cryptocurrency

Crypto wallet firm Ledger experienced a security breach on Thursday (Dec. 14) in which hackers managed to steal $484,000.  Get the Full Story Complete the form to...

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Ex-Wirecard Finance Chief Charged With Fraud
Ex-Wirecard Finance Chief Charged With Fraud
December 14, 2023  |  Legal

More than three years after its collapse, Wirecard’s former finance chief has been accused of fraud. Get the Full Story Complete the form to unlock...

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Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
December 14, 2023  |  Investments

Estonia-based Salv, a provider of financial crime compliance solutions, has raised 3.9 million euros ($4.29 million) in new funding to fuel its expansion in the United...

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Europe Plans Authority to Fight Money Laundering and Terror Financing
Europe Plans Authority to Fight Money Laundering and Terror Financing
December 13, 2023  |  AML

Officials in Europe are launching an authority to combat money laundering and terrorism financing. Get the Full Story Complete the form to unlock this article...

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90% of FIs Leverage Fraud-Prevention APIs as Crime-Fighting Tool
90% of FIs Leverage Fraud-Prevention APIs as Crime-Fighting Tool
December 06, 2023  |  Fraud Prevention

Financial institutions (FIs) are facing an increasing threat of fraud and financial crime in the digital age. And as the volume and sophistication of fraudulent...

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Experian and NeuroID Team to Fight Fraud Amid Surge in Sophisticated Financial Crime
Experian and NeuroID Team to Fight Fraud Amid Surge in Sophisticated Financial Crime
December 05, 2023  |  Fraud Prevention

In a bid to tackle the rising threat of fraud, global information services company Experian has partnered with behavioral analytics firm NeuroID to enhance its...

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Feds Seize $9 Million in Crypto ‘Pig Butchering’ Scam Probe
Feds Seize $9 Million in Crypto ‘Pig Butchering’ Scam Probe
November 21, 2023  |  Cryptocurrency

Federal authorities have seized almost $9 million in cryptocurrency tied to a scam ring. Get the Full Story Complete the form to unlock this article...

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Hackers Claim ICBC Paid to End Ransomware Attack
Hackers Claim ICBC Paid to End Ransomware Attack
November 13, 2023  |  Security & Fraud

A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. Get the Full Story Complete the...

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Financial Platform Charlie Debuts Fraud Protection Tools for Older Americans
Financial Platform Charlie Debuts Fraud Protection Tools for Older Americans
November 08, 2023  |  Fraud Prevention

Senior-focused financial platform Charlie has introduced a suite of fraud protection tools for older Americans. Get the Full Story Complete the form to unlock this article and...

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