Introduction

In much of the world, the fight against money laundering is focused on real estate like a sniper on the high ground. The fight centers on shell companies. All non-rogue nations have, to a larger or lesser extent, enacted rules to expose...

Introduction

The facts uncovered in fraud investigations are often shocking, revealing stories of both tragedy and comedy. And those stories inform how we help our clients to navigate the landscape of risk, regulation, and management.

Stories about...

Fannie Mae’s New AI-Powered Crime Detection Unit:

By Bob Simpson, Esq. CAMS

Introduction:

Fannie Mae has launched an AI-powered Crime Detection Unit in partnership with Palantir Technologies to achieve what FHFA/Fannie/Freddie chief Bill Pulte has...

In early 1793, Louis XVI no longer had a need for hats.

Among his sins, he had failed to do an adequate risk assessment of the restless mob, angrier and more powerful than he expected. They rose up in numbers, storming both the fetid Bastille and th...

There is a robust international network working to prevent money laundering. It’s called the FATF (Financial Action Task Force). It has headquarters in Paris and works through nine regional satellite organizations on every continent except Antarct...