News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Former UK Labor government minister and now Peer Peter Hain recently urged the UK to back the creation of an international anti-corruption court (IACC). Lord Hain suggested that the proposed court would run analogous to the International Criminal Court in the Hague, allowing for the prosecution of corrupt heads of state.… Continue Reading
The release on October 4 of the 11th Basel AML Index drew attention not only to its ranking of money laundering risks in 128 countries but for its stark message: in a fast-changing world, progress in addressing money laundering and terrorist financing risks is not moving fast enough.… Continue Reading
The early identification of fraud risks or vulnerabilities in projects is a major concern of investors and international financial institutions. The European Investment Bank (EIB) undertakes Proactive Integrity Reviews (PIRs) to identify such potential vulnerabilities and major fraud risks in EIB-funded operations and projects.… Continue Reading
Wirecard AG’s former chief operating officer is on the run from German police, who are now asking for help tracking him down.… Continue Reading
The DOJ extradited a 65-year-old Dutch woman who was indicted in 2010 for being part of a conspiracy to fix prices in the global air cargo industry.… Continue Reading
Interpol has 194 member countries. They can all request Red Notices and most of them have. How is it then that just one member — Russia — is behind more than a third of all currently public Red Notices?… Continue Reading
The first Chinese citizen to head Interpol pleaded guilty in a court in China Thursday to taking $2 million in bribes.
Meng Hongwei admitted during a hearing at Tianjin No 1 Intermediate People’s Court that he helped companies “make illegal gains.”… Continue Reading
The British press reported over the weekend that a Russian interior ministry official could become the next leader of Interpol, despite concerns that the Putin regime has abused the agency to target political opponents.… Continue Reading
Chinese authorities said Monday they detained the president of Interpol during an investigation for bribery and other financial crimes.
Meng Hongwei had disappeared a week earlier while in China on a visit home.… Continue Reading
At a recent cryptocurrency workshop, financial investigators from the Interpol and Europol organizations from over 30 nations discussed measures to combat the misuse of cryptocurrencies by criminals.
This meeting was in response to the report released by Europol (with headquarters in the Hague, Netherlands) which stated (pdf) that more than 40 percent of online transactions for illegal ends used Bitcoin, crypto mixers, and tumblers. … Continue Reading
More than 30 of China’s 100 most wanted corruption suspects who fled overseas have been brought back to the country, the main anti-graft agency said this week.
The 100 most wanted list was made public in 2014.… Continue Reading
Former FIFA vice president Jack Warner said in a TV ad he bought that he’ll reveal corruption in global soccer and the government of his native Trinidad and Tobago.
Warner, 72, was one of 14 FIFA officials and business executives the U.S.… Continue Reading