The Latest FinCrime News about Crackdowns
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Finanstilsynet Inspection Reveals Critical Handelsbanken Norway AML Failures
The 2026 Finanstilsynet report details critical Norwegian anti money laundering failures at Handelsbanken Norway, highlighting severe gaps in risk assessment.
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FINRA Fines Brentwood Capital Advisors 45000 Dollars for AML Failures
Brentwood Capital Advisors was fined 45,000 dollars by FINRA for failing to implement a proper anti-money laundering compliance program and neglecting beneficial ownership verification for legal entity customers over a five year period.
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FinCEN Dissolves US-Based CIBanco S.A. Over Massive Opioid Money Laundering Operations
FinCEN dissolves the CIBanco domestic branch following a primary money laundering concern designation linked to illicit opioid trafficking and cartel financial activity.
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South Korea Levies 5.2 Billion Won Fine Against Coinone for AML Violations
South Korean regulators issued a 5.2 billion won fine and a three month suspension for Coinone due to systemic South Korean Cryptocurrency Compliance failures involving 70,000 unverified users.
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Lafarge CEO Sentenced to Six Years and Company Fined 1.125 Million Euro
The former CEO of Lafarge received a six year prison sentence as the company was fined 1.125 million euros for terrorism financing in Syria involving illegal payments and a total lack of transparency in its corporate accounts.
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MCAP LLC Faces FINRA Censure for Failing to Maintain Independent AML Testing Standards
MCAP LLC receives a FINRA censure after failing to perform timely Independent AML Testing, leaving its compliance program unverified for years.
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SRA Fines Law Firm £68,000 Over Systemic Anti-Money Laundering Failures
Scott-Moncrieff and Associates fails appeal against £68,000 SRA fine after allowing $23 million in Russian funds to bypass Anti-Money Laundering controls through their client account.
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Dutch Police Seize Assets and Arrest Eight in Fake Digital ID Case
Dutch police arrested eight suspects for their role in a 3 million euro fake digital id scheme. The Identity Fraud Infrastructure and the VerifTools Seizure investigation reveals a massive global money laundering network.
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Mexican National Pleads Guilty in 1 Million Dollar Laundering Plot
A Mexican national pleaded guilty to participating in a sophisticated black market peso exchange laundering millions in narcotics proceeds through trade-based schemes in Texas.
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Leonteq Management Discharge Postponed Amid Serious Compliance Allegations
Leonteq board delays management discharge amid Leonteq Compliance Oversight concerns and reports from Cash.ch regarding years of alleged market deception.
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French AMF Sanctions Kerdiz Finance for Compliance Failures
AMF sanctions Kerdiz Finance et Conseil with €450,000 for major AML and compliance failures, highlighting serious deficiencies in due diligence, monitoring, and governance within the investment advisor’s operations.
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Binance Australia Derivatives Faces 10 Million Dollar Penalty
Oztures Trading, operating as Binance Australia Derivatives, must pay a 10,000,000 dollar penalty after the federal court identified systematic Regulatory Compliance Failures affecting 524 retail clients who were misclassified as wholesale investors.
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Merricks Solicitors Limited Fined by the SRA for anti-money laundering failures
Merricks Solicitors Limited has been fined £12,041 by the SRA for failing to maintain a robust AML compliance framework, specifically regarding the documentation of client and matter risk assessments in high risk conveyancing files.
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U.K. Freezes 108 Million Dollars in Real Estate Assets Linked to Su Jiangbo
The Crown Prosecution Service has frozen 85 London properties worth 108 million dollars in the Su Jiangbo AML investigation, targeting a fugitive using golden passports to launder funds.
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Canada’s Northern Isga Foundation Faces FINTRAC Compliance Enforcement
Canada's Northern Isga Foundation faces enforcement for Canadian Anti-Money Laundering violations involving the Eagle River Casino operations in Alberta.
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Authorities in Italy Seize 20 Million Euros in Major Swiss Money Laundering Case
Authorities in Florence, Italy, seized 20 million euros in assets linked to a major international money laundering scheme involving the systematic depletion of Swiss wealth.
Other News About Crackdowns
Finanstilsynet Inspection Reveals Critical Handelsbanken Norway AML Failures
The 2026 Finanstilsynet report details critical Norwegian anti money laundering failures at Handelsbanken Norway, highlighting severe gaps in risk assessment.
FINRA Fines Brentwood Capital Advisors 45000 Dollars for AML Failures
Brentwood Capital Advisors was fined 45,000 dollars by FINRA for failing to implement a proper anti-money laundering compliance program and neglecting beneficial ownership verification for legal entity customers over a five year period.
FinCEN Dissolves US-Based CIBanco S.A. Over Massive Opioid Money Laundering Operations
FinCEN dissolves the CIBanco domestic branch following a primary money laundering concern designation linked to illicit opioid trafficking and cartel financial activity.