-
Former NY bank employee pleads guilty to laundering medical device fraud proceeds
The DOJ said a former Bank of America relationship manager helped launder more than $8m on behalf of an international criminal organization.
-
OPINION: Nick Ephgrave’s retirement leaves Serious Fraud Office at a crossroads
Tony McClements takes a look back at Nick Ephgrave’s reforms at the SFO and contemplates what’s next for the organization.
-
ASIC urges super trustees to improve scam and fraud prevention practices
Call comes after a recent review found serious gaps in communication with fund members, raising concerns about potential harm from scammers and fraudsters.
-
Building a resilient human firewall in UK financial services
The stark reality of modern cyber defence is that technology, however sophisticated, is easily bypassed by human error.
-
Mills Review shows FCA positive but cautious about AI use in financial services
The review represents a shift from monitoring AI to assessing long-term impact on markets and consumers.
-
Estonia considers a financial ombudsman as finserv complaints rise
Similarly to the Nordic countries, the rise in complaints is a result of a wave of fraudulent activities.
-
Why high-risk training is the missing link in modern surveillance
Technology may have transformed detection. Accountability, however, is still built by people, and institutions still need to be able to answer, “Who made the decision – and why?”
-
SEC sues Lottery.com and ex-employees for revenue fraud
According to the complaint, a series of artificial transactions drastically inflated the company’s value from 2020 to 2022.