AML
Maryland Busts $9.5 Million #BEC Money Laundering Ring
 Three indictments have been unsealed in Maryland that document an extensive network of shell companies that were used to wash at least $9.5 Million in funds from at least fifteen #BEC (Business ...
Classic Baggie: A Delaware BEC Case calls him the leader of an International Criminal Organization
The U.S. Attorney's office in Delaware charged Olugbenga Lawal with being a major money launderer for a Nigerian-based international criminal organization that specialized in Business Email Compromise (#BEC) and Romance Scam. Lawal ...
Why IDcentral’s AML Screening solution is dubbed End-to-End AML Compliance
What exactly is AML? The term Anti Money Laundering is abbreviated as AML. It is mostly used in the financial, legal, and compliance sectors to define the standard procedures that firms and ...
Nigerian Money Transfer Company Linked to Romance Scam Money Laundering
On July 7, 2022, the US Attorney for the Northern District of Texas announced that Ping Express had been found guilty. Prior to this, their CEO Anslem Oshionebo*, their COO Opeyemi Odeyale ...
Mastering AML and KYC Compliance Programs
Increasingly stringent anti-money laundering (AML) and know your customer (KYC) regulations are sweeping the globe, forcing many organizations to navigate complex and varied regulations for banks and other credit and financial institutions ...
