In October 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN), working closely with the United Kingdom’s Foreign, Commonwealth, and Development Office (FCDO), took complementary actions against a major cybercriminal network operating out of Southeast Asia. Specifically, OFAC imposed sweeping sanctions on 146 targets affiliated with the Prince Group Transnational Criminal Organization (TCO)

The world of crypto has seen some of the most sophisticated financial crimes in history, with billions stolen from investors, exchanges,...

OKCoin Europe received more than €1M in penalties for AML failures. Learn why and the lessons learned

This article is based on UNODC Report: Casinos, Money Laundering, Underground Banking and Transnational Organized Crime in East and...

Fowler Oldfield was a commercial customer of NatWest with a banking relationship that lasted from 2011 to 2016

Bernie Madoff - Learn how the greatest Ponzi scheme worked and why people missed the red flags

The Russian Laundromat was a cleverly-designed money laundering scheme.

Learn about a series of risk management failures and reputational damages led to the sale of Credit Suisse to its largest competitor

The Coinbase settlement in 2023

FinCEN, in October 2022 has announced a penalty of $29 million to crypto exchange Bittrex. Why? Bittrex Violations that Led to the...