Peter Mandelson Faces Anti-Fraud Probe Over Epstein Revelations
Peter Mandelson is facing scrutiny from the EU anti-fraud office after the European Commission asked investigators to examine his conduct during his tenure as the bloc’s trade commissioner.
Family of U.N. Official Sue U.S. in Fight Against Controversial SDN Sanctions
The family of Francesca Albanese, the U.N. special rapporteur for Palestine, sued President Trump and senior U.S. officials on Wednesday, challenging sanctions imposed on her over her advocacy for the prosecution of Israeli leaders and international companies connected to the war in Gaza.
Telegram Messaging App Increasingly Exploited by Fraudsters, Revolut Finds
The messaging platform Telegram has become a hub for job scams and other forms of fraud, Revolut is warning.
OFAC Blacklists Five Nicaraguan Officials for Alleged Abuses of Power
The U.S. on Thursday blacklisted five senior Nicaraguan officials for their alleged role in helping Nicaragua to consolidate authoritarian power through financial controls, labor policy, surveillance, and military intelligence operations.
FinCEN Levies Sec. 311 Against Switzerland’s MBaer Bank
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on Thursday proposed a Section 311 “special measure” that, if finalized, would cut MBaer Merchant Bank AG off from the American financial system.
Tariff Evasion and Fraud Seen Behind Record Gap in U.S.-China Trade Data
A record mismatch in official trade statistics is complicating efforts to measure how far the U.S. and China have “decoupled,” according to Bloomberg, which cited an $112-billion gap between what Beijing said it exported to the United States and what U.S. Customs and Border Protection recorded as arriving.
TFI’s Hurley to Exit After Objecting to Minneapolis Crackdown
A senior Treasury Department official is preparing to resign after privately raising objections to a White House-backed initiative aimed at alleged fraud tied to the Somali immigrant community in Minnesota.
Germany to Overhaul How It Fights Criminal Syndicates and Financial Crime
Germany will overhaul its core federal security agencies and deploy artificial intelligence as part of a crackdown on organized crime, related money laundering, and other financial crimes, Reuters reported Wednesday.
Waste Crime Is Rising as Management Market Reaches $1.2tn in Value
Waste crime and trafficking is expanding globally, fueled by profit incentives in a fast-growing waste-management industry and compounded by major blind spots in official data, according to a newly released report by the UN Office on Drugs and Crime (UNODC).
How Claude the Chatbot Helped Steal Data from Mexico’s Government
A hacker exploited Anthropic PBC’s Claude chatbot to help breach multiple Mexican government agencies and steal a large trove of sensitive data, including tax and voter information.