By a Biometrica staffer Drug related offenses accounted for almost one-third of all cases reported in fiscal year 2022, the United States Sentencing Commission (called “the Commission” hereon) said in its annual report. That makes drug offenses the single largest category of...
By a Biometrica staffer Fraud accounted for 30.1% of all organizational offenses during the near-30 year period between fiscal 1992 and 2021. Environmental offenses was the second largest offense category at 24%, according to a report published late last month by the...
By a Biometrica staffer An overwhelming majority (over 90%) of all money mule transactions identified through the European Money Mule Actions are linked to cybercrime, the Europol says. What does that mean? It means a large number of law-abiding citizens in the...
By a Biometrica staffer A two-day global online virtual assets conference — co-organized by INTERPOL, Europol, and the Basel Institute on Governance — concluded with a call to action on better protecting the world’s financial systems by increasing multi-sector cooperation to strengthen...
By a Biometrica staffer Only yesterday, Dec. 2, Europol announced the results of a massive international law enforcement operation that targeted money mules. The operation, codenamed EMMA 7 (i.e. the European Money Mule Action), involved 26 countries including the U.S., and led...
By Aara Ramesh In an earlier story in this series on sports betting, we wrote about how just as there have been wagers (legal or otherwise) placed on sporting outcomes as long as there have been sports, match-fixing has existed just as...
By Aara Ramesh In what is being called the “largest and most sophisticated” operation ever against encrypted criminal activities, Europol, the Federal Bureau of Investigations (FBI) and law enforcement agencies in 16 countries across the world have managed to take down hundreds...
By a Biometrica staffer If you recall, just over a week ago, we had written a piece on how organized crime groups (OCGs) managed to carve out a $2.6 billion cut in Italy’s strong tourism sector, based on an article by the Organized...
By a Biometrica Staffer Every now and then, on Tuesdays, we’ll delve into the rather arcane world of casino regulations and compliance, look at some of the more frequently asked questions that apparently come up with the Financial Crimes Enforcement Network (FinCEN),...
By Anand Vasu Pope Francis has said that laws must reflect “the equality of all members of the church,” indicating that further reforms of the Vatican City penal code were likely, especially to deal with financial crimes. In a March 27 meeting...
(Above: Donald Trump on the campaign trail in Gettysburg. © Georgesheldon | Dreamstime.com) In a rapidly evolving, technology-driven environment, where the IoT is a way of life, the incoming administration faces a number of new challenges, especially from a security perspective. Here...
(Above: The initial conceptual master plan for Kingdom City, Jeddah, Saudi Arabia; courtesy Paul Doherty.) By Kadambari M. Wade Architect. Innovator. Integrator. Traveler. Paul Doherty, President & CEO of TDG [The Digit Group, Inc.], is one of the world’s foremost authorities on...