North America
Follow anti-money laundering, sanctions and financial crime developments across the United States, Canada and other North American jurisdictions. Coverage includes regulatory updates, enforcement actions, financial crime trends and compliance obligations for regulated institutions.
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Indian National Convicted in $150 Million U.S. Elder Fraud and Money Laundering Scheme
A federal jury in Austin, Texas, has convicted Indian national Bhavesh Kumar Thakkar on two counts related to wire fraud and money laundering in a…
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FinCEN Withdraws Proposed Rules on Unhosted Wallet Transactions and CVC Mixing
The U.S. Financial Crimes Enforcement Network (FinCEN) announced on 5 October 2026 that it is withdrawing two proposed rules concerning convertible virtual currency (CVC) and…
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U.S. Treasury Targets A7 Shadow Banking Network With FinCEN Rule and OFAC Sanctions
The U.S. Department of the Treasury has launched a coordinated action against the A7 Network, a Russia-linked shadow banking network that Treasury says has been…
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Extradited Nigerian National Pleads Guilty to Laundering $2.5 Million from Sextortion and Romance Scams
A Nigerian national extradited to the United States has pleaded guilty to conspiracy to commit money laundering for his role in an international network that…
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U.S. Prosecutors Investigate Binance Over Possible Iran Sanctions Violations
U.S. federal prosecutors are investigating whether Binance may have violated U.S. sanctions on Iran by allowing certain trading activity on its cryptocurrency platform, according to…
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Former Nodus Bank CEO Sentenced to 112 Months for $24.9 Million Fraud and Venezuela Sanctions Evasion
Tomás Niembro Concha, the former chief executive officer of Puerto Rico-based Nodus International Bank, has been sentenced to 112 months in prison for a multimillion-dollar…
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Former Vitol Trader Sentenced to Four Years in $500 Million International Bribery Scheme
A former Vitol oil trader has been sentenced to 48 months in U.S. federal prison for his role in two interrelated schemes to bribe government…
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U.S. Returns $2.5 Million in Corruption Proceeds to The Gambia for Jammeh Victims
The U.S. Department of Justice has returned approximately $2.5 million in corruption proceeds to the Republic of The Gambia, with the money designated to compensate…
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U.S. Returns $29.7 Million in Laundered Lottery Proceeds to Curaçao
The U.S. Department of Justice is returning $29.7 million to Curaçao after U.S. courts enforced Curaçaoan restraint and forfeiture orders against proceeds of an eight-year…
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Cayman Islands AML and Financial Sanctions Rules Take Effect
Two new binding rules issued by the Cayman Islands Monetary Authority (CIMA) take effect on 18 September 2026, establishing minimum requirements for regulated financial services…
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