Saturday, September 18, 2021

Articles

What happened to billions of Covid-19 response money in Uganda?

As Ugandans began contracting the novel coronavirus, President Yoweri Museveni on April.03, made an appeal for public solidarity in support of the health care system that was already in a crisis due to limited funding. Dozens of companies and individuals...

Microsoft unveils AI to detect government corruption

Microsoft unveiled an initiative to use artificial intelligence to detect government corruption, calling it “an urgent global issue that can and must be solved.” The new Microsoft Anti-Corruption Technology and Solutions initiative “will leverage the company’s investments in cloud computing,...

Latin American cartels exploit cryptocurrencies to keep business moving

In April 2019, Mexican police arrested suspected human trafficker Ignacio Santoyo in a plush area of the Caribbean resort of Playa del Carmen after linking him to a prostitution racket extending across Latin America. Yet it was not the 2,000...

U.S congress proposes anti-money-laundering whistleblower reward program

A new whistleblower reward program incentivizing the reporting of potential violations of anti-money-laundering laws would be established as part of an annual defense-spending bill that is poised to clear Congress. The program would offer awards to tipsters who voluntarily provide...

UK: How to get your money back if you’ve been scammed

What impact has lockdown had on fraud? Unfortunately being at home doesn’t protect us from being targeted by scammers. We’ve found that since lockdown first began in March, one in three of us have been contacted by a fraudster. We should all...

Latin America gangs use bribery, secret routes to smuggle jaguar parts to China – Report

Criminal organizations in Bolivia and other Latin American countries are bribing police and circumventing customs restrictions to smuggle parts of jaguars to mainland China, an investigation by environmental groups showed on Thursday. Seventy-five intelligence sources across Latin America, including traffickers,...

Pregnant women in Zimbabwe forced to pay bribes when giving birth

In agonising labour pain and turned away from a Harare health centre, Aurage Katume feared that, like many other Zimbabwean women, she could lose her unborn baby. She struggled to another clinic in the country’s capital. The midwives there were...

Philippines anti-money laundering body says real estate transactions use to launder dirty money

Criminals are using real estate transactions to launder dirty money in the Philippines, a top official of the Anti-Money Laundering Council revealed. AMLC Executive Director Atty. Mel Racela confirmed this during a Senate hearing on Wednesday after lawmakers asked him...

Explainer: All both leaked FinCEN Files

Leaked documents involving about $2tn of transactions have revealed how some of the world's biggest banks have allowed criminals to move dirty money around the world. They also show how Russian oligarchs have used banks to avoid sanctions that were...

FinCen Files: Banking Winds of Change

Authors: Álvaro Ruiz Ostos, Gustavo Fideney THE END OF AN ERA - IS IT? Yet again, we are writing about Financial Crime. Four years ago, the world turned upside down after the INTERNATIONAL CONSORTIUM OF INVESTIGATIVE JOURNALISTS (“ICIJ”) uncovered more than...

Latest News