Welcome to episode 293 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions and export controls, the UK government has designated 15 Sudanese military commanders, proposed updates to strategic technology export control frameworks, refreshed OFSI's legal services general licence, and updated ISIL/Al-Qaida designations, while in the US, Extreme Networks has resolved enforcement actions over Russian defence exports, and the Israeli Prime Minister Netanyahu has attracted criticism over a proposal to use cryptocurrency to bypass sanctions. Major fraud and corruption enforcement features federal indictments in a $135 million Medicare fraud, a $9.1 million licensing fraud, pandemic loan fraud prosecutions in the US and UK, and a guilty plea in a $3 million NCAA point-shaving ring. In regulatory and legal developments, the UK FCA has imposed restrictions on six Annex 1 lenders over anti-money laundering deficiencies, while a coalition of 21 state attorneys general sued FinCEN over its rollback of Corporate Transparency Act beneficial ownership reporting rules. Finally, in cybercrime, INTERPOL's Operation Serengeti III netted 1,462 arrests and recovered over $105 million across Africa, a former UK minister has indicated state involvement in the Jaguar Land Rover cyber-attack, and a Ukrainian ransomware affiliate has been sentenced to 70 months in federal prison.

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.

Welcome to episode 292 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on enforcement and fraud actions there is a £307,690 confiscation order against a Birmingham accountant for pandemic support scheme fraud, the European Commission’s formal Digital Services Act proceedings against Booking.com regarding fraudulent property listings and ad transparency, and a guilty plea by New Jersey influencer Cesar Humberto Pina involving investment fraud, drug money laundering, and municipal bribery. On money laundering, the UKFIU SARs Annual Report 2025–2026 revealed a record £422.3 million in denied criminal assets alongside 896,414 SAR submissions, while the Solicitors Regulation Authority has issued updated guidance on firm-wide AML controls. Meanwhile, the UK FCA has banned and fined former Vector Wealth executives over £4 million in high-risk investment losses. Regulatory developments saw the FCA publish good practice guidance on AI adoption and FCA Chief Executive Nikhil Rathi call for system-wide collaboration against digital market risks, alongside a UK Government consultation on whistleblowing framework reforms and a proposed SFO financial rewards scheme.

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.

Welcome to episode 291 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, UN Security Council and UK Government listing updates for Tehrik-e Taliban Pakistan, new US sanctions targeting five Chinese entities over technology trade secret theft, and the European Commission responds to US Russia sanctions waivers. On enforcement, FinCEN identifies a $270 million federal student aid fraud, there are guilty pleas in multi-state deed fraud and an extensive NCAA/NBA sports game-fixing ring, alongside federal sentencings for a $30 million drug money laundering operation and a California prison contraband bribery scheme. On the regulatory side, MONEYVAL has initiated Lithuania’s 6th round mutual evaluation, ESMA has finalised updated Market Abuse Regulation delay guidelines, the UK FCA has revoked four trader prohibition orders, and UK agencies have issued their 2026 Economic Crime System Priorities. Finally, the UK ICO has issued reprimands to two Welsh organisations following a ransomware breach which exposed children's data.

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.

Welcome to episode 290 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, the UK has updated designation details for former Bank Otkritie board member Nadia Cherkasova, while Bosnian arms dealer Sasa Micev received a 60-month US federal prison sentence for conspiring to broker illicit surface-to-air missile sales. On fraud, the NCA has led a joint operation across 15 countries which targeted West African scam networks; the IMF and World Bank Group have released the "Bangkok Blueprint" framework to combat cyber-enabled fraud in digital finance; and US federal courts saw guilty pleas in a $2.1 million credit card fraud scheme and a $440,000 COVID-19 unemployment benefits fraud. Finally, on cybercrime, G7 finance leaders agreed during IMF annual meetings in Bangkok to launch simulated tabletop exercises to test global financial sector resilience against frontier AI-enabled cyber-attacks.

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.

Welcome to episode 289 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions, UK OFSI guidance regarding specific financial licences post-delisting, a new UK property lease general licence alongside autonomous sanctions against two Iranian nationals, OFAC designations targeting Cartel del Noreste's commercial and horse racing networks, and the EU's largest-ever sanctions package against Russia. On fraud and money laundering, there is a guilty plea by a former US postal carrier in a $34 million mail theft scheme, over $1.9 billion in combined US regulatory penalties against Bank of America for Bank Secrecy Act, AML, and sanctions violations, and the arrest of Alvaro Pulido Vargas in connection with $1.6 billion in Venezuelan bribery and money laundering schemes. In market abuse and regulatory updates, there are joint FCA and NCA arrests targeting an organised insider dealing ring, the court-ordered winding up of UK firm Ellan NW Ltd for subverting insolvency procedures to evade creditor claims, updated Serious Fraud Office corporate self-reporting guidance, and a major UK government consultation on whistleblowing reform and a proposed SFO economic crime informant reward scheme. Finally, on cybersecurity, cyber incidents impacting Italy's Foreign Ministry, retailer Asos, and Swiss pension fund Publica, alongside a joint international advisory exposing China-based Integrity Technology Group for supporting global cyber-attacks.

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.

Welcome to episode 288 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions, the UK delists a Swiss entity following a UN Security Council decision, extends the Maritime Mutual general licence, and imposes new designations, while the US takes more action under Operation Economic Outcast. On fraud and money laundering prosecutions, the DoJ launches Phase Three of the Western Union victim compensation scheme, and announces the conviction of Jonathan Spalletta. There is also the guilty plea of Oleg Korniev for managing a cybercrime money mule network, and a fine for American Express over BSA/AML deficiencies. On bribery, corruption, and market abuse, GRECO outlines strategic priorities and closes Denmark's fourth-round evaluation, the Court of Appeal quashes more LIBOR and EURIBOR convictions, and BaFin fines Volkswagen AG for market disclosure breaches. Finally, Europol warns of quantum computing risks to cryptocurrency wallets and "Harvest Now, Decrypt Later" data threats.

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.

Welcome to episode 287 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions, the UK FCDO makes vessel designations, and revokes restrictions against a former Syrian minister, while the US targets a $2 million France-based Hamas financing network, and delists 125 entities. On US fraud enforcement, there is a $65 million Brooklyn Medicaid kickback plea, a prison sentence in a $37 million fraud, and a Delaware bankruptcy fraud conviction, while in the UK, Report Fraud's national passkey campaign follows £6.3 million in account hacking losses. On money laundering prosecutions, authorities addressed a £30 million bulk cash smuggling ring operating between the UK and the UAE, and a $597,000 government impersonation courier scheme. Finally, a former TD Bank employee pleads guilty to accepting bribes for laundering, and there is the 10-nation "Operation KillSwitch" disruption of the KillSec ransomware network.

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.

Welcome to episode 286 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, the US Treasury has targeted the Tren de Aragua cyber-fraud network, Cuban trade restrictions, and the "A7 Network" shadow banking system, while the UK has enacted 31 new Russia-related designations, extended the Sakhalin-2 oil price cap exceptions, authorised LNG maritime transport to Japan and South Korea, and initiated its annual frozen assets reporting review. On fraud, National Trading Standards in the UK has launched an AI Scam Watchlist, while US authorities have prosecuted an $80 million federal procurement set-aside fraud scheme, and a $620,000 gang-related mail theft and bank fraud ring. On bribery and corruption, federal prosecutors indicted a former restaurant supply cooperative executive in an $80 million kickback scheme, and the United States has formally notified the Council of Europe of its withdrawal from the anti-corruption monitoring body, GRECO. Finally, the episode covers SEC insider trading charges against a former pharmaceutical executive, ESMA's proposed regulatory revisions to strengthen the EU Markets in Crypto-Assets framework, and there is a £1.8 million Proceeds of Crime Act confiscation order against a former UK National Crime Agency officer following a dark web Bitcoin theft.

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.

Welcome to episode 285 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions, there are UK arms brokering convictions and updated UN and UK sanctions listings. On money laundering, there are AML mutual evaluation reports from MONEYVAL and the FATF concerning Canada, Türkiye, and Gibraltar. Enforcement authorities across the United States and the United Kingdom have advanced significant fraud actions, and there is a bilateral UK-Cambodia agreement targeting online scam compounds. Finally, there are anti-corruption reports from GRECO and some Ukrainian case-law analysis, SEC insider trading prosecutions, referral conflict penalties, FCA enforcement action against offshore CFD firms and crypto fraudsters, and international cyber defence responses to active digital infrastructure threats.

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.

Welcome to episode 284 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, OFSI has established a "presumption of denial" policy for licence applications involving five designated Iranian banks, while OFAC has consolidated its Sanctions Penalty Regulations and updated Syria-related rules. On money laundering, a FCA multi-firm review has urged institutions to strengthen defences against multi-account money mule networks. On fraud enforcement, US federal and state actions secured convictions and indictments involving multi-state tax fraud, a business email compromise proceeds forfeiture, and a $12.2 million stolen Treasury cheque scheme. In broader financial crime, the NCA has launched its 2026 Strategic Assessment, highlighting rising online fraud, crypto laundering, and proposed police reforms. Finally, on cybercrime, the European Supervisory Authorities (ESAs) have warned of operational vulnerabilities stemming from AI-driven cyber threats, quantum computing risk, and dependencies on non-EEA technology service providers.

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.

Welcome to episode 283 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, OFAC designates Iranian digital asset exchange BitBank, and terminates Ethiopia emergency sanctions alongside updated Russia-related Lukoil authorisations. The UK revokes maritime sanctions on the oil tanker ASTRA. On money laundering and regulatory oversight, the UK FCA has opened an enforcement investigation into Euro Exchange Securities, and announced its plan to assume anti-money laundering supervision. Finally, the FATF has issued global red-flag guidance on emerging illicit finance risks in gaming and gambling. On bribery and corruption, former Vitol trader receives a custodial sentence, while GRECO's President urged closer institutional alignment with the EU. Finally, on fraud and cybercrime, a former Puerto Rican bank CEO is sentenced for wire fraud and Venezuela sanctions evasion conspiracy, and the UK National Cyber Security Centre releases scheme guidance for its Cyber Adversary Simulation assurance framework.

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.

Welcome to episode 282 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on money laundering and financial integrity, a FinCEN Exchange targets Iranian illicit finance networks, a RUSI commentary evaluates the effectiveness of the global FATF architecture, and the UK government unveils a £550 million Anti-Money Laundering and Asset Recovery Strategy. In corruption enforcement, a former French Minister stands trial over alleged lobbying payments. Addressing fraud, UK regulators and oversight bodies have released joint guidance clarifying telecoms data-sharing protocols. In cryptoassets, there is joint UK enforcement actions against unregistered peer-to-peer trading operations, alongside key outcomes from the 10th Global Conference on Criminal Finances and Cryptoassets. Finally, on cybercrime, the UK regulator has launched an industry engagement initiative examining the capabilities and security risks of AI in telecommunications cyber defence.

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.

Welcome to episode 281 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions, the US has designated Russian financial institution VTB Bank, while OFSI has issued clarified guidance on crediting interest to frozen accounts. Under money laundering enforcement, the UK government has launched a £500 million strategy recruiting 500 specialist investigators, and former Venezuelan Minister Alex Saab has pleaded guilty in the US to bribery-linked money laundering charges. In corruption and lobbying reforms, Ukraine and the Council of Europe have evaluated the first year of national lobbying legislation. On fraud, US authorities advanced major enforcement actions, including Abbott Laboratories' $384 million False Claims Act settlement, pandemic relief fraud convictions, and extraditions targeting the Black Axe criminal network. On market abuse, developments include insider dealing proceedings against a UK City lawyer, securities fraud charges against a New York hedge fund founder, and guilty pleas in a $3.7 billion insider trading scheme. Finally, in asset recovery and legal sector enforcement, a court has extended a £10 million Account Freezing Order on Premier League royalty funds tied to the Sorare gambling prosecution, and the FCA has banned a former law firm manager following a £28 million client money misappropriation.

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.

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.

Welcome to episode 279 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions, the US has expanded measures targeting Cuban elites, a Turkish financial network, and Iran's commercial aviation sector, while the UK has enacted new designations against West Bank human rights abuses, Hizballah financial entity Al-Qard Al-Hasan, and a compound settlement has been agreed for sanctions breaches. On money laundering, there are indictments in the US, a joint Italian-German operation disrupts a sports association scheme, and AUSTRAC deregisters 45 remittance and crypto providers. Finally, Ukraine's Prosecutor General resigns amid bribery allegations, and in the UK there is a Fraud Strategy from the Ministry of Justice, and annual reports from the City of London Police and the NECC.

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.

Welcome to episode 278 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions, the UK makes several administrative corrections, and there is a term of imprisonment in the US for an individual who smuggled semiconductors to Russia. On money laundering, there is a prison sentence for a money laundering conspiracy, and on bribery and corruption, the UK SFO settles the ENRC civil litigation. On fraud, there are convictions for a Danish researcher, and sentences for three Ethical Forestry Limited directors. On market abuse and regulatory enforcement, charges are brought in a pre-IPO scheme, and in the UK the FCA has proposed a ban and fine against a financial adviser. Finally, on cybercrime, an international public-private coalition has disrupted the two-decade-old Sality peer-to-peer botnet.

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.

Welcome to episode 277 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, the US expands "Operation Economic Outcast", and the UK issues a joint flash alert on the Russian "A7" sanctions evasion network. On money laundering, a prison sentence is handed to a Nigerian money launderer in the US, and the UK Gambling Commission takes enforcement action against two companies. On fraud, there are federal charges in an alleged long-running fraud scheme, and the Five Eyes alliance endorses international measures against global scam networks. On market abuse, a White House teleprompter operator is ordered to pay $172,000 for prediction market insider trading, and on cyber, the UK warns of the targeting of internet-exposed operational technology, and a cyberattack compromises the data of 8.7 million airport customers.

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.

Welcome to episode 276 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, OFAC has issued new counter-terrorism designations and updated Russia-related diamond import licences. In the UK, the FCDO has made corrections to UK sanctions, and OTSI has published its first annual review. On money laundering, the UK NCA has forfeited funds from a company over suspected money laundering and sanctions evasion. On fraud enforcement, in the US, there are indictments for an alleged benefit fraud scheme, sentencing of three in a fraud conspiracy, and federal indictment for coordinated deed theft and vehicle title fraud schemes. Finally, the UK FCA has fined and banned former senior executives for operating an artificial £35.5 million investor visa circumvention scheme.

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.

Welcome to episode 275 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, on sanctions, US has lifted Syria's designation as a State Sponsor of Terrorism, and launched a range of secondary sanctions targeting Iran. On fraud, in the US, there is a Social Security and pension fraud sentencing, as well as one for an ATM jackpotting conspiracy. There is the conviction in relation to a cryptocurrency Ponzi scheme and, finally, the US DoJ has launched the National Fraud Detection Centre to eliminate silos in federal benefit oversight. In the UK, a director has been disqualified for nine years for pre-insolvency asset transfers, and INTERPOL has announced early outcomes from a coordinated operation against cyber-fraud.

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.

Welcome to episode 274 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, the UK has issued a sanctions alignment following amendments by the UN, and the US has issued sanctions against Cuban officials and a Turkish-led Hizballah cash-smuggling network. Finally, the International Criminal Court has responded to the US sanctions imposed on two of its members. On enforcement news, the UK Gambling Commission has settled anti-money laundering and terrorist financing compliance failures against a gambling company, and the US has indicted a senior executive for alleged insider trading. Finally, the FCA has brought enforcement action against two individuals, APRA has published its 2026–27 Corporate Plan, and collaborative guidance has been proposed by the UKFIU to streamline reporting and reduce duplicative SARs filings for fraud victims.

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.