Theft

Theft

Fraud, Theft and Money Laundering Totaled $1.1 Trillion in 2013, Says Report

A new report published by Washington, DC-based Global Financial Integrity (GFI), a research and advisory nonprofit, declared that “illicit financial flows” such as money laundering, theft, fraud or embezzlement, have hit a record US $1.1 trillion in 2013. Researched and written by GFI Chief ...Read More

Traders have been ‘spoofing’ the market and now regulators are finally catching on

On Tuesday, trader Navinder Singh Sarao was arrested in London in connection with the Flash Crash of 2010. His charge: “spoofing.” Sarao’s case is just the latest in a recent wave of spoofing investigations being conducted by the Justice Department, the Securities and Exchange ...Read More

Whistleblower? Thief? Hero? Introducing the Source of the Data that Shook HSBC

Hervé Falciani’s long, strange journey from bank computer expert to jailed fugitive to candidate for office to spokesman for whistleblowers They almost had him. On December 22, 2008, Swiss federal police handcuffed 36-year-old Hervé Falciani, a systems specialist they suspected of stealing data from ...Read More
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