The Latest FinCrime News from the Americas
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US Treasury Sanction Exposes Hezbollah Secret High Volume Cash Laundering Structure
US Treasury disrupts a terror financing and laundering network that used cash exchanges, counterfeit goods, and illegal trade flows to fund Hezbollah.
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How Cement Giant Lafarge’s Syria Gamble Became a Terror-Funding Trap
Lafarge’s trial for paying armed groups in Syria reveals how corporate survival tactics turned into a major terror-funding scheme, redefining compliance in conflict-zone operations.
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AI-Driven Financial Crime: How Canada’s New Strategy Redefines AML Resilience
Canada’s FINTRAC-led forum revealed how AI-driven financial crime is reshaping AML strategies, prompting the launch of a new Financial Crimes Agency to modernize national defences.
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BlackRock and BNP Paribas Hit by $500 Million Private Credit Fraud
BlackRock and BNP Paribas are trying to recover more than 500 million dollars lost in a private-credit fraud that exposed major flaws in asset-based lending and compliance verification.
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Alarmingly skewed risk-monitoring turns charity audit into terrorism financing blind spot
Canada’s decision to ease terrorism financing audits of Muslim and Sikh led charity organizations for political reasons may reignite money laundering and terrorist financing risks across the charitable and non profit sector.
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From Campaign Funds to Cartel Cash Colombia’s AML Crisis
Sanctions against Colombia’s president expose deep money-laundering networks where political power and narcotics trafficking intertwine.
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Bitcoin and PayPal, the Hidden Crypto Route to ISIS Funding
A New York conviction exposed a sophisticated terrorist financing laundering scheme that used crypto, bitcoins, PayPal, and crowdfunding to channel funds to ISIS under charitable disguises.
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Iran’s Financial Maze Exposed After FinCEN Traces $9 Billion Flow
FinCEN uncovered $9 billion in Iranian shadow banking flows using shells, oil fronts, and correspondent accounts, exposing one of the largest global money laundering systems linked to sanctions evasion.
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Binance Founder Zhao Wins Trump Pardon After AML Conviction
Trump’s pardon of Binance founder Changpeng Zhao reignites global debate over crypto money laundering accountability and AML enforcement credibility.
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FINTRAC Hits Xeltox’s Cryptomus with Record-Breaking CAD 176 Million Penalty
The virtual currency money laundering implications of the landmark CAD 176 million penalty on the crypto payments platform highlight systemic AML failures and industry-wide reckoning.
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Canada’s Agency and UK’s Overhaul Reframe AML Supervision
Effective AML supervision is being reshaped as Canada launches a national anti fraud strategy with a financial crimes agency and the UK consolidates professional services oversight under a single supervisor.
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Coinbase Leads Charge for Smarter Anti-Money-Laundering Framework
Coinbase urges the U.S. Treasury to modernize outdated AML rules, arguing that blockchain analytics, AI, and digital identity can make anti-money-laundering enforcement faster and more effective.
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OFAC Sanctions Reveal Haiti’s Deep Laundering Web
OFAC’s latest sanctions against Haiti’s Viv Ansanm network expose the laundering pipelines behind the country’s gang economy, revealing how targeted financial restrictions aim to dismantle criminal funding and disrupt transnational money flows.
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Peru Cracks Down on Dirty Money in the Online Gambling Boom
Peru’s new AML framework targets money laundering in online gambling AML, requiring operators to implement due diligence, real-time monitoring, and strict reporting measures to prevent illicit flows disguised as winnings.
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How First Nations Bank’s AML Failures Led to a CAD 601K Fine
FINTRAC imposed a CAD 601K fine on First Nations Bank of Canada for serious AML compliance failures, including missed suspicious transaction reports and risk assessment deficiencies, highlighting systemic weaknesses in monitoring.
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BNP Paribas Faces Renewed AML Scrutiny Over Terrorism Financing Case
A U.S. court allowed civil terrorism financing claims against BNP Paribas to proceed, even though the bank paid a record US$8.9B sanctions fine in 2014, raising civil liability risks for AML compliance teams.
