Two summers ago, Alida, a retiree from Western Maryland, was buying groceries when her card was declined. On the phone, a bank official explained that $10,000 had suspiciously been deposited into her ...

Lawyers for Capital One said in a court filing in July 2026 that the bank closed accounts belonging to 12 plaintiffs for "anti-money laundering reasons" following reviews by the bank's experts. The ...

Placement is the first stage of the three stages of money laundering. At this stage, criminals attempt to enter the ‘dirty’ money into the financial system. This process can be dangerous because large ...

It points out these systems’ vulnerability to money laundering and terrorist financing, with some cases involving more than EUR 500 million laundered through underground banking and hawala-based schem ...

CU Boulder economist Alessandro Peri finds that when authorities cracked down on offshore money laundering, criminals redirected that money into domestic businesses and properties Peri says his ...

The UK government has described its Anti-Money Laundering and Asset Recovery Strategy 2026-2029 as a “turning point” in the fight against illicit finance. The National Crime Agency estimates more than ...

Tren de Aragua is currently one of the most infamous criminal organizations in Latin America and one that InSight Crime has covered extensively. Our reporting has traced the group’s evolution, growth, ...

U.S. trade policy is now synonymous with tariff policy. President Trump’s latest round of higher taxes on imports went into effect on Aug. 7, and the 40 countries with which the U.S. runs a trade ...

While the struggle against illicit gains has been a constant in finance, it's a battle that has changed over time, with evolving laws, rules and practices. I've had the opportunity to work closely ...

A centuries-old underground banking system is now transforming into a tech-enabled network, with virtual assets adding new layers to “digital hawala”. The shift is being exploited for purposes ranging ...

Businesses supervised by the Anti-Money Laundering Authority are steadily getting their records in order, but those that ...

The start of the new financial year on July 1 was a special date for Australian laws against money laundering and terrorist financing. For years, anti-money laundering (AML) and counter-terrorism ...