FINTRAC issues alert on financial indicators of sex crimes against children
Fraudster hid US$240 million in trading losses to secure large bonus
Regulator alleges banker tipped friend to pending takeover in 2021
Streamlining reporting requirements to generate industry savings
Service helped criminals hide US$237 million in illicit activity
Trader admitted to promising outsized returns, duping investors
Firms used social media to pump stocks, leaving investors with huge losses
Pair stole millions from clients, including vulnerable investors
While financial institutions face barriers to AI adoption, criminals have embraced it
Authorities tackling large-scale crypto scams originating in Southeast Asia