Placement is the first stage of the three stages of money laundering. At this stage, criminals attempt to enter the ‘dirty’ money into the financial system. This process can be dangerous because large ...

Online retailers are increasingly being targeted by money laundering schemes, as criminal networks exploit refunds, ...

Applying artificial intelligence (AI) to counter global money laundering efforts poses challenges. The abundance of data can be overwhelming, and money movements are massive, nonstop and produce ...

The Defence Ministry fully respects the legal process that will be carried out in connection with a police report lodged over ...

According to the 2023 Public Edition of the Basel AML Index, the average global money laundering (ML) and terrorist financing (TF) risk level increased from 5.25 in 2022 to 5.31 in 2023, where 10 is ...

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In the post-mortem of the $1.5 billion Bybit hack, two blockchain research organizations — Nansen and Chainalysis — have revealed the Lazarus Group’s money laundering strategy, which includes swapping ...

Money laundering is “crucial” to all financially motivated crime because it’s what enables criminals “to access the funds they generate from their activities,” the team at Chainalysis explains.

Throughout the process, Rosmah maintained her innocence and being acquitted served as a full vindication for her. What was ...