Financial Crimes Detection - The Internal Revenue Service (IRS) discovered $106 billion in financial crimes [1] - This represents an approximate 16% increase compared to the previous year [1]

Former Goldman banker Roger Ng lost a long shot bid to overturn his federal conviction for helping loot billions of dollars from Malaysian fund 1MDB, one of the largest financial crimes in history https://t.co/HY79yawA2a ...

Regulatory Changes - Canada is establishing a new financial crimes agency to combat online fraud and scams [1] - Amendments to banking laws are being implemented to strengthen measures against financial crimes [1]

Public Perception of Financial Crimes - The general public does not significantly care about financial crimes, especially violations of obscure securities or AML regulations [1] - The public is more concerned about other types of crimes, raising potential PR risks if financial crimes are highlighted [1]

According to Bloomberg, Turkey plans to expand the powers of its Financial Crimes Investigation Board (Masak), allowing it to freeze bank and crypto accounts, set transaction limits, and blacklist illicit crypto addresses. The measures, targeting “rented accounts” used in gambling and fraud, align with FATF standards and will be submitted to parliament in the 11th judicial reform package.https://t.co/fmerwtuLFi ...