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Four North Korean nationals have been indicted for their roles in a scheme that defrauded U.S. and international companies out of nearly one million dollars in virtual currency. The individuals posed as remote IT contractors, gained access to sensitive systems, stole digital assets, and laundered the proceeds using a crypto mixer and false identification documents.…

On June 25, 2025, FinCEN exercised a new and aggressive authority under Section 2313a of the FEND Off Fentanyl Act, designating three Mexican financial institutions—CIBanco, Intercam, and Vector Casa de Bolsa—as entities of “primary money laundering concern” in connection with illicit opioid trafficking. These designations are not symbolic. They come with hard consequences: all covered…

A former civilian employee of the U.S. Army, Janet Yamanaka Mello, 57, was sentenced to 15 years in federal prison in San Antonio for embezzling nearly $109 million over seven years. Mello, who worked as a financial program manager at Fort Sam Houston, pleaded guilty in March to charges of mail fraud and filing false…