Tag #Financial Crime

foxnews.com
🌐 85% Global Worthiness
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Credit Card Fraud: 2024 FTC Report and Case Study

In 2024, the FTC reported 416,582 credit card fraud cases, exemplified by Martin's \$1,095 fraudulent charge in Hong Kong; this highlights the global reach and financial impact of credit card fraud resulting from data breaches, phishing, and weak online security, demanding proactive consumer protect...

Progress

48% Bias Score

Reduced Inequality
pda.irk.kp.ru
🌐 85% Global Worthiness
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Irkutsk Oblast Scams Result in 43.9 Million Ruble Loss

Scammers in Irkutsk Oblast, Russia, stole 43.9 million rubles in the first half of 2025 through various methods, including investment schemes, fake emergency calls, and fraudulent communications from authorities; losses included 17.989 million rubles from investment scams, 8 million rubles from fake...

Progress

28% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 75% Global Worthiness
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Two Arrested in Berlin for Series of ATM Bombings

Berlin police arrested two men suspected of participating in at least 20 ATM bombings across Berlin, Brandenburg, Saxony-Anhalt, and Hesse, resulting in €500,000 stolen and €5 million in damages; one bombing occurred the night before the arrests in Berlin's Fennpfuhl district.

Progress

40% Bias Score

Reduced Inequality
mk.ru
🌐 75% Global Worthiness
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Russian Official Loses Record 430 Million Rubles to Scammers

Olga Serova, a former high-ranking official in the Samara region, lost 430 million rubles—a record sum—to scammers, but still retained substantial savings, raising questions about the source of her wealth and the management of public funds in regional development corporations.

Progress

76% Bias Score

Reduced Inequality
forbes.com
🌐 90% Global Worthiness
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Corporatization of Cryptocurrency Crime Exceeds \$51 Billion in 2024

Chainalysis's 2024 report reveals that cryptocurrency crime, exceeding \$51 billion, has evolved into corporate-style criminal enterprises offering "crime-as-a-service", utilizing stablecoins (63% of volume), and employing sophisticated risk management strategies, presenting significant challenges f...

Progress

32% Bias Score

Peace, Justice, and Strong Institutions
zeit.de
🌐 85% Global Worthiness
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Hamburg Cum-Ex Inquiry Finds No Evidence of Political Influence

A Hamburg parliamentary committee investigating the Cum-Ex scandal concluded that allegations of political influence regarding Warburg Bank and HSH Nordbank were unfounded, despite opposition claims; HSH Nordbank repaid €126 million in 2014 following an independent review.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
faz.net
🌐 75% Global Worthiness
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Widespread Fraud Impacts Germany's Public Transportation Ticket

The Germany-wide public transportation ticket, launched in May 2023, is experiencing widespread fraud; the RMV estimates that approximately one million of the nearly 14 million sold tickets are fraudulent or unpaid, resulting in significant financial losses due to systematic digital abuse involving ...

Progress

48% Bias Score

Reduced Inequality
apnews.com
🌐 85% Global Worthiness
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Supreme Court Reinstates Business Registration Requirement

The Supreme Court reinstated a requirement for roughly 32.6 million small businesses to register with the Treasury Department, mandating personal information submission to combat financial crimes, reversing a Texas judge's ruling that blocked the 2021 Corporate Transparency Act.

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40% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Greek Citizen Reporting Leads to €2 Billion in Additional Tax Revenue

Over 75,000 Greek citizens reported tax evasion, customs violations, and corruption in 2024 through a government platform, generating €2 billion in additional revenue and contributing to a 50% reduction in the VAT gap. A receipt-scanning app, used by over 300,000 people, further aided in detection.

Progress

44% Bias Score

Reduced Inequality
allafrica.com
🌐 75% Global Worthiness
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Liberia's Medtech Faces FIA Probe for Alleged Financial Misconduct

Medtech Scientific Liberia Limited, holding an 80% revenue share from imported goods, faces an FIA investigation for alleged financial misconduct, including overcharging customers and obstructing justice, potentially leading to administrative and criminal sanctions.

Progress

52% Bias Score

Reduced Inequality
faz.net
🌐 90% Global Worthiness
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North Korea Accused of \$385 Million Crypto Heist to Fund Weapons Programs

The US, Japan, and South Korea issued a joint statement accusing North Korea of stealing over \$385 million from cryptocurrency exchanges via sophisticated cyberattacks, using the funds to finance its weapons programs and highlighting the need for increased international cooperation.

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56% Bias Score

Reduced Inequality
bbc.com
🌐 65% Global Worthiness
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DNA Evidence Links Man to 2013 Murder of Widow

David Newton, 70, is on trial for the 2013 murder of 86-year-old Una Crown in Wisbech, Cambridgeshire; DNA evidence links him to the crime scene, and he allegedly spent money from her handbag shortly after her death.

Progress

52% Bias Score

Reduced Inequality