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🎯 China Scrutinizes PwC Role in $78B Evergrande Fraud Case. Beijing’s fresh revelations of Evergrande’s fraud come at a difficult time for PwC, which is dealing with the fallout of scandals in other parts of its global network. Bloomberg
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🌎 US Backs $50B Ukraine Bond Using Frozen Russia Assets. The proposal would pool the $280B of Russian central bank assets that have been immobilized by G-7 countries and the EU in the SPV. Bloomberg
📌 Western banks warn of risks in EU plan to grab Russian assets Reuters
🌎 New Treasury Sanctions Against Sinaloa Cartel Fentanyl Network. U.S. hits network operating multi-million dollar black market scheme to launder illicit fentanyl proceeds. U.S. Treasury
🌎 Poppies to Pig-Butchering: Inside the Golden Triangle’s Criminal Reboot. Aided by modern telecoms and far from law enforcement, it is now the world’s unrivaled cybercrime hotspot. Time
🌎 NY Attorney General takes initial step to seize Trump assets. Letitia James has filed judgments in Westchester County, the first indication that the state is preparing to seize Donald Trump’s golf course and private estate north of Manhattan. CNN
🌎 The latest sanctions on Russia won’t be sufficient. Here’s what would be, according to the Yale professor who inspired the great business exodus over Ukraine. Fortune
🌎 DOJ Uncovering More Misconduct Through Self-Disclosure Program. The Justice Department has started to receive disclosures on a wider range of potential criminal activity, including securities and healthcare fraud. WSJ
🌎 Over 100 migrants break through razor wire, knock down guards as they illegally cross El Paso border in wild scene. A group of men with hoodies, gloves and winter jackets pulled fencing away and dashed through concertina wire, as five guards stood in a defensive formation to fill the gap. NYP
📌 MS-13 leader, one of FBI’s most wanted fugitives, arrested at California-Mexico border LAT
🌎 Beyond Modi, India's opposition struggles with financial crime agency. India's main financial crime fighting agency has investigated over 100 opposition politicians in the past decade, drawing criticism it has become a weapon of Prime Minister Modi. Reuters
🌎 Unions using ESG to control workers — and drain Americans’ retirement savings. While many have rightly focused on the activist push for the “E” in environmental, social and governance investing, labor unions are advancing their own agenda under the guise of the “S” and “G.” NYP
📌 Citing ESG policies, Texas Permanent School Fund pulls $8.5B investment from BlackRock Austin American Statesman
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