3 results for "financial crime"
🌐 Global NewsSouth Korea Busts $113M Crypto Laundering Ring
South Korean authorities just dismantled a sophisticated four-year operation that illegally moved $113 million through cryptocurrency networks. The breakthrough shows how new enforcement teams are finally closing gaps that let financial criminals hide in digital shadows.
💡 SolutionsNigeria Police and SEC Team Up to Stop Ponzi Scams
Nigeria's Securities and Exchange Commission is partnering with the National Police Force to crack down on Ponzi schemes that promise fake crypto returns and steal life savings. The collaboration aims to close the gap between identifying scams and bringing criminals to justice.
🌐 Global NewsNigeria Removed from EU Financial Crime Watch List
Nigeria has been removed from the European Union's high-risk list for money laundering and terrorism financing, marking a major win for the country's financial credibility. The decision follows years of reforms and comes just months after a similar removal from a global watchdog list.