Financial crime – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Mon, 29 Apr 2024 18:39:06 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Financial crime – Investment Executive https://www.investmentexecutive.com 32 32 Fraudsters faking identities, duping banks https://www.investmentexecutive.com/news/from-the-regulators/fraudsters-faking-identities-duping-banks/ Mon, 29 Apr 2024 18:39:06 +0000 https://www.investmentexecutive.com/?p=484936 Toronto police bust alleged synthetic identity ring

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]]> Toronto police bust fake investment scheme https://www.investmentexecutive.com/news/from-the-regulators/toronto-police-bust-fake-investment-scheme/ Fri, 26 Apr 2024 21:22:14 +0000 https://www.investmentexecutive.com/?p=484853 Perpetrators posing as representatives of Schroders, an asset manager

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]]> Crypto exchange hacker gets jail time https://www.investmentexecutive.com/news/from-the-regulators/crypto-exchange-hacker-gets-jail-time/ Mon, 15 Apr 2024 18:28:53 +0000 https://www.investmentexecutive.com/?p=483769 U.S. judge sanctions first smart contract hacker

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]]> Crypto queen’s compliance chief gets jail https://www.investmentexecutive.com/news/from-the-regulators/crypto-queens-compliance-chief-gets-jail/ Thu, 04 Apr 2024 18:50:40 +0000 https://www.investmentexecutive.com/?p=483154 OneCoin scheme took in over US$4 billion from investors, U.S. authorities allege

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]]> CFTC, SDNY charge crypto platform https://www.investmentexecutive.com/news/from-the-regulators/cftc-sdny-charge-crypto-platform/ Tue, 26 Mar 2024 18:28:12 +0000 https://www.investmentexecutive.com/?p=482757 KuCoin platform accused of registration, money laundering violations

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]]> FinTRAC still coping with cyberbreach https://www.investmentexecutive.com/news/from-the-regulators/fintrac-still-coping-with-cyberbreach/ Fri, 22 Mar 2024 20:34:59 +0000 https://www.investmentexecutive.com/?p=482622 Agency says no evidence that information was lost in attack

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]]> Boiler room broker gets five years in prison https://www.investmentexecutive.com/news/from-the-regulators/boiler-room-broker-gets-five-years-in-prison/ Fri, 08 Mar 2024 22:08:04 +0000 https://www.investmentexecutive.com/?p=481934 Pump-and-dump scheme used high-pressure cold calls, targeted seniors

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]]> U.S. DOJ plans to pay whistleblower awards https://www.investmentexecutive.com/news/from-the-regulators/u-s-doj-plans-to-pay-whistleblower-awards/ Fri, 08 Mar 2024 13:35:48 +0000 https://www.investmentexecutive.com/?p=481861 Program aims to close gaps involving crimes that aren't cases for SEC, CFTC

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]]> FCA flags anti-money laundering failures https://www.investmentexecutive.com/news/from-the-regulators/fca-flags-anti-money-laundering-failures/ Tue, 05 Mar 2024 18:55:44 +0000 https://www.investmentexecutive.com/?p=481592 Regulator outlines array of weaknesses in firms' anti-crime controls

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]]> FINTRAC faces cyber incident https://www.investmentexecutive.com/news/from-the-regulators/fintrac-faces-cyber-incident/ Mon, 04 Mar 2024 22:07:09 +0000 https://www.investmentexecutive.com/?p=481515 Anti-money laundering agency takes systems offline as a precaution

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