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Newsletter 3rd Edition October 2021 44 | i-AML Israel Anti-Money Laundering

Newsletter

October 2021 3rd Edition

Featured Articles

UAE Police: Fraudsters Cloned Company Director’s Voice In $35 Million Bank Heist

AI voice cloning is used in a huge heist in the U.A.E., according to Dubai investigators, amidst warnings about cybercriminal use of the new technology. In early 2020, a bank manager in the United Arab Emirates received a call from a man whose voice he recognized—a director at a company with whom he’d spoken before. The director had good news: His company was about to make an acquisition, so he needed the bank to authorize some transfers to the tune

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US announces national cryptocurrency enforcement team

The United States Department of Justice (DOJ) has created a new task force to tackle complex investigations and prosecutions of criminal misuses of cryptocurrency. Deputy Attorney General Lisa O. Monaco announced the creation of a National Cryptocurrency Enforcement Team (NCET) yesterday. Under the supervision of Assistant Attorney General Kenneth A. Polite Jr.,

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