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🎯 Fighting Financial Crime Could Pay for Nasdaq. The exchange company has diversified into more services for banks, including anti-financial crime tools. WSJ
Top Stories
🌎 World's police in technological arms race with Nigerian mafia. Police around the world have joined forces in covert operations targeting one of West Africa’s most feared criminal networks. BBC
🌎 FinCEN Issues Final Rules to Safeguard Residential Real Estate, Investment Adviser Sectors from Illicit Finance. The final rule will require certain industry professionals to report information about non-financed transfers of residential real estate. FinCEN
📌 IE Insights: Top 10 Ways Non-Financed Transfers of Residential Real Estate Present Illicit Finance Risk Illicit Edge
🌎 Iraq Issues Arrest Warrants For 'Heist Of The Century'. An Iraqi court issued arrest warrants for a two men wanted over involvement in stealing $2.5B of public funds. AFP
🌎 Nordea to Pay $35M to End U.S. AML Probe. The development is the latest sequel to one of Europe’s largest dirty-money scandals from the last decade. Bloomberg
🌎 Telegram Founder Was Wooed and Targeted by Governments. Pavel Durov had lunch with the French president six years ago. His phone was hacked the previous year by French and UAE spies. WSJ
🌎 Hackers Claim to Have Stolen Top-Secret Documents From the U.S. Marshals Service. Hunters International says it stole more than 380 gigabytes of data from the federal law enforcement agency and has set an August 30 deadline for a ransom to be paid. Gizmodo
🌎 Optica CEO Departs Amid Probes Into Society’s Links to Huawei. Lawmakers began investigating the connections between Optica and Huawei in May after the company had secretly sponsored a research contest run by the group. Bloomberg
🌎 Biden-Harris Admin Sued for Stonewalling Gazan Aid Probe. Center to Advance Security in America suit could shine light on USAID's work in Gaza Strip. Free Beacon
🌎 South Africa is investigating $7B corruption at state-owned companies. The investigations are not new, and some have been running since 2018, and all of them were cited by the Special Investigative Unit in a report to parliament. AP
🌎 Tom Girardi Found Guilty of Embezzling More Than $15M. A criminal conviction is the latest installment of the LA lawyer’s downfall, accented by adjacency to The Real Housewives of Beverly Hills. Vanity Fair
🌎 TotalEnergies Unit to Pay $48M Over Gas Futures Manipulation. The CFTC said a Total subsidiary tried to manipulate a gasoline benchmark after it took a short position. Bloomberg
🌎 Self-driving truck company TuSimple settles fraud lawsuit for $189M. TuSimple defrauded shareholders by overstating its safety record and concealing three insiders' control of a Chinese trucking rival. Reuters
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