Category Archives: Digital Money Laundering
IRS-CI Joins International Effort To Fight Tax, Cryptocurrency And Financial Crimes
Realizing that more work is needed to combat global crimes, leaders of tax enforcement authorities from five nations announced that they have created a united operational alliance, the Joint Chiefs of Global Tax Enforcement, known as the J5. The J5 consists of criminal intelligence communities from Australia, Canada, the Netherlands, the United Kingdom and… Read More »
Money laundering in a digital world
Criminals have long used money laundering schemes to conceal illegal activity. Now, technological advancements are making it even harder to police such schemes. With the advent of online platforms came fraudulent schemes used to scam people out of their money, hack accounts and defraud internet users. The proliferation of peer-to-peer websites, online banking and… Read More »