Featured Story
🎯 Singapore Banks Probe Rich Clients After AML Case. Private bankers are also receiving additional training to help them spot tricks used by criminals to mask their sources of funds. Bloomberg
🚩 The Banks That Hold Most Money in Singapore Laundering Scandal Bloomberg
🚩 Russian Oil Tanker Does Secret Cargo Switch Near Singapore to Dodge U.S. Sanctions Bloomberg
Top Stories
🌎 Kinahan cartel leading figure released in Spain after paying €60,000 bail. Johnny Morrissey, sanctioned with Kinahans by U.S. law enforcement, had been held in custody since September 2022. Irish Times
🌎 Scammers Aren’t Just Selling Fake Gucci. They’re Impersonating Small Merchants. Copycats are using videos and photos to pose as real small business owners and dupe their customers. WSJ
🌎 U.S. seizes $63M worth of cocaine after dramatic shootout on high seas. A patrol boat off Venezuelan coast sinks vessel carrying drugs as three people go overboard. Guardian
🌎 Chinese military harassed Dutch warship enforcing UN sanctions. The Tromp was operating in the East China Sea enforcing UN sanctions on North Korea. CNN
🌎 Keeping Sanctioned Russian Timber Out of the EU Is Tricky. Mapping chemical signatures of wood could help companies like IKEA keep illegal timber shipments out of bed frames. WSJ
🌎 How U.S. is daring the world to find a dollar alternative. The country has radically increased the use of sanctions as a punitive foreign policy tool. Reuters
🌎 Brazil Enables the Black Market. A case study in how barriers to commerce make smuggling a huge business. WSJ
🚩 Brazil Arrests Internationally Wanted Surinamese Fugitive OCCRP
🌎 Black Lives Matter Bleeds Cash As Disgraced Cofounder's Family Rakes In Big Bucks. The group also disclosed two separate six-figure settlements to unnamed former employees in its 2023 financial statements. Free Beacon
🌎 G7 plans to warn small Chinese banks over Russia ties. U.S. officials expect the wealthy democracies to send a tough new warning on Russia sanctions evasion. Reuters
🌎 Wife of Binance exec ‘expected a lot more’ from US as husband languishes in Nigerian prison. As he sits in prison on bogus AML charges, Yuki is frustrated Washington hasn’t done more to help. DL News
🌎 Border Patrol memo instructs agents to release migrants from nearly all Eastern Hemisphere countries. Recalcitrant countries won't cooperate with U.S. deportation flights and refuse to take their citizens back. Fox
📘 FinCEN Year in Review 2023 FinCEN
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