Newsletter

November 2021 4th Edition

Featured Articles

The Rise of Money Launderers on Snapchat and Instagram

Gangs are always looking for new ways to launder their money, and in cities like London, Birmingham and Manchester, using money mules has become one of their favourite methods.  Young and vulnerable people are convinced by criminals, often on social media, to let them use their personal bank accounts to receive and send on their illicit earnings. However, there can be serious consequences for those who get involved, from being locked out of the financial system, to even serving time

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Celsius CFO Arrested on Charges Tied to Former Job at Moshe Hogeg’s Firm

Yaron Shalem, the CFO of crypto lender Celsius, previously worked at Singulariteam, whose founder Hogeg was arrested last week on money laundering and other charges.  Yaron Shalem, the chief financial officer of cryptocurrency lending platform Celsius, was one of the seven people arrested in Tel Aviv this month in connection with Israeli

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