Financial Crime Weekly Episode 48

Hello, and welcome to this week in financial crime. I’m your host, Chris Kirkbride. It’s been a very quiet week this week, with a little on sanctions, bribery, and fraud. We’ll also round-up this week’s cyber-attack news (and there isn’t much on that either), so let’s make a start.

These are the links to the principal documents mentioned in the podcast:

Council of Europe, 10th package of sanctions on Russia’s war of aggression against Ukraine: the EU includes additional 87 individuals and 34 entities to the EU’s sanctions listv.

European Commission, EU agrees 10th package of sanctions against Russia.

European Public Prosecutor’s Office, MEP investigated for fraud involving parliamentary allowances: EPPO seizes over €170 000.

European Public Prosecutor’s Office, Sicily: EPPO seizes assets in investigation into €600 000 fraud involving agricultural funds.

The White House, FACT SHEET: President Biden’s Sweeping Pandemic Anti-Fraud Proposal: Going After Systemic Fraud, Taking on Identity Theft, Helping Victims.

UK Government, Guidance: Russian Oil Services ban.

US Department of Justice, 16 Defendants Charged in 112-Count Indictment Alleging Bank Fraud and Aggravated Identity Theft in Stolen Mail Scheme.

US Department of Justice, Former Bank Employee Charged With Million-Dollar Fraud And Embezzlement Scheme.

US Department of Justice, Co-Leader of COVID-19 Loan Fraud Ring Extradited from Montenegro to Begin Serving Prison Sentence.

US Department of Justice, Ericsson to Plead Guilty and Pay Over $206M Following Breach of 2019 FCPA Deferred Prosecution Agreement.