DOJ: Venezuelan National Charged with Laundering More Than $1 Billion
Federal prosecutors announced charges against Jorge Figueira for allegedly conspiring to launder approximately $1 billion in illicit funds through a transnational network that exploited cryptocurrency and shell companies.
US Launches Fraud Crackdown on Minnesota Benefits Schemes
U.S. Treasury Secretary Scott Bessent announced a series of supervisory actions aimed at dismantling large‑scale government benefits fraud rings in Minnesota that diverted funds from federal and state social programs and laundered the proceeds through the U.S. financial system.
Swedish Authorities Publish New ML/TF Guidance for Providers of Money Transfer Services
Sweden’s Coordinating Body for Anti-Money Laundering and Countering Financing of Terrorism produced new guidance to raise awareness of the various risks and red flags that could indicate that providers of money transfer services are being misused to launder money or finance terrorism.
FinCEN Issues Minnesota Fraud GTO, Reporting Template
The Financial Crimes Enforcement Network issued a new Geographic Targeting Order imposing enhanced recordkeeping and reporting requirements on banks and money transmitters operating in Hennepin County and Ramsey County, Minnesota, as part of a federal effort to combat money laundering.
In this episode of Financial Crime Matters, Royal Canadian Mounted Police officer Nick Souccar and Kieran Beer, editor in chief of ACAMS moneylaundering.com, talk about securing Canada’s borders against the importation of precursor Fentanyl ingredients and other drugs.
In the latest episode of Sanctions Space, Justine Walker, head of global sanctions and risk at ACAMS, and Stephanie Baker, author of 'Punishing Putin: Inside the Global Economic War to Bring Down Russia,' discuss sanctions loopholes Russia exploits to finance its war with Ukraine, and U.S. use of 'secondary tariffs' to deter purchases of Russian oil.
European Banks on Guard After Maduro Raid
By Gabriel Vedrenne
Breaking January 9, 2026: 1:16 pm ET
FinCEN Imposes GTO on Twin Cities, IRS Investigates Local Financial Institutions
FDIC, Kansas Bank to Settle Lawsuit
By Charlie Passut