Financial Crime Weekly Episode 280

Welcome to episode 280 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions, the UK has introduced expanded statutory controls targeting Iranian economic sectors, while the US Department of the Treasury designates procurement networks supporting Kata'ib Hizballah and Lebanese Hizballah. On money laundering and corruption enforcement, HMRC released its list of non-compliant businesses penalised for AML supervision failures, and a third Puerto Rico Treasury employee has pleaded guilty in a $6.77 million tax bribery scheme. On fraud, FinCEN reports $17.5 billion in suspicious activity linked to U.S. healthcare fraud, while the US DOJ Scam Centre Strike Force seized illicit Telegram infrastructure and cryptocurrency. Finally, on market abuse, the SEC has secured a final judgment in an insider trading scheme, and ESMA has highlighted market integrity risks in prediction markets.

A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.

The photograph on the podcast cover art is by Sora Shimazaki at Pexels, and the stinger sample between each news section is ‘Ben Logo 1’ by BenKirb from Pixabay.