Lenders

Large offshore oil platform with support vessel in open sea at dusk, illuminated against dramatic clouds. Concept of energy industry, petroleum extraction, fossil fuels, marine logistics, and industrial operations at sea.

UK’s Top-Paid Oil Exec Faces Global Asset Freeze Over Siphoned Iran Funds

North Sea oil executive Francesco Mazzagatti could soon be the subject of a worldwide asset freeze stemming from a London lawsuit alleging he siphoned funds from former business partners tied to an Iranian petrochemicals business.

An exterior view of the headquarters of the UK's National Crime Agency, or NCA — Photo: “National Crime Agency.JPG,” Philafrenzy, Wikimedia Commons, CC BY-SA 4.0. Edited from the original.

Drug Trafficking and Money Laundering are Worsening in the UK: NCA

Serious and organized crime became more diverse and more harmful in 2025, with drugs, organized immigration crime, and illicit finance all worsening, according to a new report by the UK’s National Crime Agency (NCA).

January 15, 2026-Tokyo, Japan: Sign at financial institution J.P. Morgan.

JPMorgan Hit With Class-Action Suit Over Alleged Crypto-Ponzi Scheme

Three class-action lawsuits have been filed in the wake of federal charges against Christopher Delgado, the founder and former chief executive of Goliath Ventures, including one case accusing JPMorgan Chase of helping enable an alleged $328-million crypto- Ponzi scheme.

European Union flags outside European Commission building in Brussels, Belgium. Close up

AMLA Launches Initiative to Calibrate Risk Assessments

The EU’s Anti-Money Laundering Authority (AMLA) has launched a data-collection exercise to test and calibrate risk-assessment models that will be used in 2027 to choose up to 40 financial institutions for direct AMLA supervision starting in 2028.

Sydney, Australia. – On October 23, 2017. - Commonwealth Bank of Australia, the image shows beautiful design glass windows of its office building at Darling harbour branch.

Australia’s Worsening Mortgage Fraud Scandal Spurs Talk of AML Changes

Major Australian banks are working with the country’s financial-crimes watchdog to assess the scale of an alleged mortgage fraud scheme that may extend well beyond an earlier A$1 billion estimate.

A photo of Jeffrey Epstein wearing sunglasses on a boat, from the DOJ's Epstein Files.

Bank of America Aims to Settle Lawsuit Brought by Epstein Victims

Bank of America has agreed in principle to settle a proposed class action lawsuit brought by Jeffrey Epstein’s victims ,who accused the lender of aiding the late financier’s sex-trafficking operation.

Prominent UK Polo Patrons Tied to Alleged Illicit Funds at Shuttered Swiss Bank

U.S. officials have linked two prominent figures in English polo to an alleged scheme to launder proceeds from the illicit sale of Venezuelan oil, according to a Financial Times report that cited a recent Treasury Department notice about the now-defunct Swiss lender MBaer Merchant Bank.

A cropped photograph from the U.S. Justice Department's Epstein Files showing a letter from Bank of America addressed to Leon Black, with some redactions on the page. — Source: U.S. Justice Department

Leon Black to Be Deposed in Case Alleging BofA Ignored Epstein Red Flags

Leon Black, the billionaire financier and former chief executive of Apollo Global Management, has been ordered to sit for a deposition in a lawsuit accusing Bank of America of facilitating and profiting from Jeffrey Epstein’s sex-trafficking operation.

Edinburgh, UK - 19 January, 2024: Dundas House, a neoclassical building located in Edinburgh, Scotland, serves as the registered office of the Royal Bank of Scotland. Originally constructed in the 18th century, the building is a notable landmark incorporated by royal charter.

Ex-RBS Manager Pleads Guilty to Extorting Bribes from Business Clients

A former Royal Bank of Scotland manager has admitted taking more than £600,000 in bribes in exchange for favorable treatment of business customers trapped inside the bank’s discredited Global Restructuring Group (GRG).

Washington, DC, USA - June 24, 2022: Exterior view of the Department of the Treasury (USDT) Building in Washington, DC.

OFAC Targets Hamas-Linked Charities, DPRK-Linked IT Worker Schemes

The U.S. Treasury Department on Thursday announced two new sanctions actions targeting financing and revenue-generation networks tied to Hamas and the Democratic People’s Republic of Korea.