US, UK sign MOU to tackle global scam centres
- The US Attorney's Office for the District of Columbia, the UK's Crown Prosecution Service and National Crime Agency have signed an MOU to jointly tackle scam centres. - The agreement is covering international cooperat...
09 September, 2026 · 1 of 5
US, UK sign MOU to tackle global scam centres
- The US Attorney's Office for the District of Columbia, the UK's Crown Prosecution Service and National Crime Agency have signed an MOU to jointly ta...
TikTok Agrees to $400 Million Settlement in U.S. Child Privacy Case
Key Takeaways: - $400 Million U.S. Settlement: TikTok and ByteDance agreed to pay $400 million to settle a Justice Department lawsuit alleging violati...
Cyberattack Exposes Data of 8.7 Million Customers at Three Major UK Airports
- Hackers Accessed Data on 8.7 million Customers: Criminal hackers breached a Manchester Airports Group system containing customer information associa...
A network that laundered more than four million euros from scams by sending the money to Nigeria falls
Spanish Police Bust €4 Million International Money Laundering Ring Bound for Nigeria. The Spanish Civil Guard has dismantled a criminal network responsible for laundering over €4 million generated through cyber fraud, CEO scams, and identity theft across Europe. The organization utilized "smurfing"—splitting large illicit funds into more than 9,200 small-wire transfers using falsified passports and stolen identities—to bypass anti-money laundering controls and funnel cash into Nigeria. The two-phase operation led to 20 arrests, investigations into 11 others, and raids targeting key leaders in Bilbao as well as several complicit money transfer agencies.
U.S. Regulators Hit UBS With $173 Million in Coordinated AML Enforcement Action
Eight years after promising regulators it would fix persistent weaknesses in its anti-money laundering controls, UBS is paying for what those regulators say it failed to finish.
FATF's June Plenary Trims the Grey List — Africa's Compliance Burden Isn't Going Away
The Financial Action Task Force closed its June 2026 plenary by removing Algeria and Namibia from its list of jurisdictions under increased monitoring, while adding Bosnia and Herzegovina and Iraq. For African compliance functions, the headline delisting matters less than what it confirms about the direction of travel.
"The compliance profession has spent two decades building frameworks to detect financial crime. It is now time we build institutions capable of preventing it – not merely reporting it after the fact."
— Dr. Enoch Foluso Amusa, PhD · Founder & Chairman, IGRCFP & The Morgans ConsortiumRead The Full Column
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