Pill-Popping and Pimping: Why Epstein & Friends Were the Subject of 40 SARs
The DEA opened a secret investigation into Jeffrey Epstein in 2015 on suspicions of money laundering, drug trafficking, and running a prostitution ring that procured Eastern European women for high-profile clients.
U.S. Treasury Eases Restrictions on Russian Oil Sales as Crude Costs Rise
The United States is temporarily easing sanctions on Russian oil sales to India with a 30-day waiver aimed at preventing supply shortages and cushioning a sharp rise in crude prices after U.S. and Israeli attacks on Iran.
IRS Criminal Referrals of Wealthy Tax Cheats Fell Sharply in FY2025
Referrals by the Internal Revenue Service for possible criminal tax violations by large corporations and ultra-wealthy individuals plummeted follwing President Donald Trump’s return to office, with the agency’s division responsible for auditing big businesses and billionaires sending at most two cases to criminal investigators in fiscal year 2025.
Future of U.S. Crypto Bill in Doubt as Calendar Becomes ‘Enemy’
Efforts to pass proposed landmark legislation for the U.S. crypto market have stalled to the point that some question whether the measure could still get passed this year, even with White House support.
Ex-Star CEO Faces Millions in Fines for AML Lapses
Star Entertainment’s ex-chief executive Matthias Bekier and former in-house lawyer Paula Martin breached their directors’ duties during the casino operator’s “Chinese money-laundering era”, the Australian Federal Court found.
U.S. Threatens Venezuela’s New Leader with Criminal Charges
The Trump administration is drafting a criminal indictment to potentially accuse Venezuelan interim President Delcy Rodriguez of corruption and money laundering.
When a U.S. Anti-Bribery Law Is a Statecraft Weapon, Not a Domestic Deterrent
Washington is increasingly turning U.S. anti-corruption enforcement into an instrument of economic statecraft—a shift that threatens to undercut decades of American efforts to fight illicit activity abroad.
U.S. Military’s Growing Drug War Lands in Ecuador
The United States and Ecuador have begun joint military operations in the South American nation against “designated terrorist organizations,” the Pentagon said Tuesday night.
Stablecoins Now Commonly Used in Illicit Finance, FATF Warns
The Financial Action Task Force (FATF) said that stablecoins are now commonly used in money laundering, terrorist financing, and proliferation financing schemes, and warned that peer-to-peer transfers via unhosted wallets represent a key vulnerability for the crypto ecosystem.
UK Oversight of Professional Services Falls Short on Enforcement
The UK’s current system of supervisors overseeing the anti-money-laundering (AML) programs of law firms, accountancies, and other professional bodies is failing to take “sufficiently dissuasive disciplinary measures” against those that fail to meet compliance standards, according to a new report.