FinCEN issues specific instructions to banks in response to upward trend in environmental crimes
Financial institutions in the US have been given specific suspicious activity report (SAR) filing instructions in a new notice issued by the US treasury’s Financial Crimes Enforcement Network (FinCEN) to pay more attention to an upward trend in environmental crimes and associated illicit financial activity….
European investigators too slow to spot carbon credit trading scam
The Bureau of Investigative Journalism (BIJ) says it has seen leaked papers indicating it took European investigators too long to bring a successful prosecution against the operators of a multi-million dollar scam involving the trade in carbon credits. A British fraudster who stole millions of…
