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Aziz Rahman Assesses Lisa Osofsky's Tenure As SFO Director
With Lisa Osofsky set to leave the Serious Fraud Office (SFO), Aziz Rahman examined her years as Director of the agency.
Rahman Ravelli
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Banks Are Saying That Tech Giants Should Pay For The Financial Damage Caused By Online Financial Fraud
Banks are calling on some of the world's biggest tech firms to take some financial responsibility for the losses caused by online fraud.Rahman Ravelli - Article
Cryptocurrency Crime Rise
The FBI reports a 45% rise in cryptocurrency-related crime in 2023, with US residents losing over $5.6 billion. Investment fraud, largely involving Bitcoin and Ether, accounted for $3.9 billion of these losses.Rahman Ravelli - Article
Cryptocurrency Hacking Continues To Rise
Syed Rahman, crypto specialist at financial crime lawyers Rahman Ravelli, considers the latest statistics.Rahman Ravelli - Article
Deutsche Bank Pays 29 Million Euros For Cum-Ex Involvement
Niall Hearty of Rahman Ravelli details the bank’s partial settlement of its role in the share trading tax scandal.Rahman Ravelli - Article
HMRC Warns Of Money Launderers' Large-scale Use Of Informal Payment Systems
Angelika Hellweger of Rahman Ravelli outlines the reasons for the problem and the response so far.Rahman Ravelli - Article
Niall Hearty Of Financial Crime Specialists Rahman Ravelli Considers The Latest Developments In The Patisserie Valerie Saga
The former chairman of Patisserie Valerie is set for a large pay-out after auditors settled a £200 million court case regarding the café chain's collapse.Rahman Ravelli - Article
Nicola Sharpe, Of Financial Crime Specialists Rahman Ravelli, Considers The Increase In HMRC Money Laundering Fines Being Imposed On Estate Agents
Research has shown an increase in the fining of estate agents for anti-money laundering (AML) failings.Rahman Ravelli - Article
Revolut And Fraud Complaints
Revolut faced nearly 10,000 fraud complaints last year, topping UK banks in fraud reports. Criticism surrounds its slow response times and inadequate fraud prevention measures. The investigation highlights the need for stronger anti-fraud procedures.Rahman Ravelli - Article
Santander Has Been Fined £107.8 Million By The UK's Financial Regulator For Money Laundering Failings
Angelika Hellweger of Rahman Ravelli considers the reasons for the penalty.Rahman Ravelli - Article
The Competition Regulator's Attempts To Disqualify Pharmaceutical Company Directors Is Considered By Nicola Sharp, Of Financial Crime And Regulatory Specialists Rahman Ravelli
The Competition and Markets Authority (CMA) is seeking to disqualify seven directors of four companies for collusion after certain prescription drug prices rose by 700%.Rahman Ravelli - Article
The First Charges Brought For Operating An Illegal Crypto ATM Network
The FCA has brought its first criminal prosecution against Olumide Osunkoya for running unregistered cryptocurrency ATMs, processing £2.6 million. This case highlights the strict regulatory environment and enforcement actions against non-compliant crypto ATM operators in the UK.Rahman Ravelli - Article
The UK's Financial Conduct Authority Has Fined Mortgage Lender Millions For Money Laundering Failures
Angelika Hellweger of financial crime specialists Rahman Ravelli highlights the case's main issues for businesses.Rahman Ravelli - Article
The UK's National Crime Agency Is Setting Up A New Team To Combat Cryptocurrency-Related Offending
Syed Rahman, cryptocurrency specialist at Rahman Ravelli, assesses its chances of success.Rahman Ravelli - Article
There Has Been A Notable Rise In Anti-Money Laundering Fines Imposed On UK Estate Agents
Niall Hearty of financial crime specialists Rahman Ravelli considers the statistics.Rahman Ravelli - Article
Two UK Men To Be Sentenced In US Over Multi-Million Dollar Wine Fraud
Two British men will be sentenced in the US next year after admitting their role in a $99 million wine fraud.Rahman Ravelli - Article
Ericsson Has Set Aside Hundreds Of Millions Of Dollars Because It Allegedly Breached Its Deferred Prosecution Agreement
Nicola Sharp of financial crime specialists Rahman Ravelli considers the company's situation.Rahman Ravelli - Article
There Has Been A Huge Increase In Complaints Of Cryptocurrency Investment Fraud In The US
The FBI has stated that online scams involving losses totalling $10 billion were reported to it in 2022 - a $3 billion-plus rise on the previous year.Rahman Ravelli - Article
US Sanctions Euros
Joshua Ray, of financial crime specialists Rahman Ravelli, assesses the US' pursuit of two foreign nationals accused of sanctions violation.Rahman Ravelli - Article
The US Bank Silvergate Is Going Into Liquidation
Nicola Sharp, of financial crime specialists Rahman Ravelli, considers the cryptocurrency-related factors that brought about its demise.Rahman Ravelli