The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

    n-img-roi-cross

    Before You Go, Schedule Your Free Demo Today

    Valid Invalid number


    Note: Fields marked with an asterisk(*) are mandatory.

    n-exit-img-roi-cross

    Thank you for your demo request

    We appreciate your interest and look forward to discussing how our solution can meet your needs. Expect to hear from us shortly with scheduling details.

    Close

    Florida Man Charged $784 Million in Massive Healthcare Fraud

    news 1

    Creaghan Harry, a man from Florida was indicted of $784 million for committing healthcare fraud and conspiring in money laundering schemes.

    Earlier this week, a man from Florida named Creaghan Harry was indicted of $784 million for carrying out healthcare fraud, conspiring for money laundering schemes. Turns out, the offender owned multiple telemedicine companies through which he received frequent kickbacks for defrauding the Medicare health program.

    As per the statement given by the US Department of Justice, this is one of the largest Medicare fraud cases in history. Amid the pandemic, telemedicine has made a lot of ground in providing relief to patients while adhering to S.O.P (Standard Operating Procedures) of the COVID19. 

    Harry, the owner of the telemedicine company, has been charged for receiving kickbacks and bribes on durable medical equipment (DME). His companies allegedly paid physicians to write medically unnecessary orders for braces and medications. These orders were then sent to DME suppliers that fraudulently billed Medicare over $784 million. In return, the DME was instructed to pay shell companies prior to Harry’s telemedicine company. These actions were made exclusively for hiding the illicit transfer of the money. 

    The indictment further alleges Harry to be guilty of Tax Evasion in 2015 and 2018 by receiving proceeds from an illegal scheme in the accounts of shell companies belonging to nominee owners and using those proceeds to live life lavishly. It is recorded in the indictment that Harry did not file his tax returns or pay taxes on his income. 

    The 53 year old is indicted with one count of conspiracy and four counts of income tax. Harry is facing a maximum of 20 years’ imprisonment for the conspiracy to commit health care fraud and wire fraud, including 5 years’ sentence on each count of tax evasion, including years’ of imprisonment as decided by the federal district court judge after considering the U.S. Sentencing Guidelines and other statutory factors.

    Related Posts

    News

    AMLC Continues to Address AML Deficiencies as per FATF Guidelines

    The AMLC has reported continued efforts to address the deficiencies specified by the FATF to tack...

    AMLC Continues to Address AML Deficiencies as per FATF Guidelines Explore More

    News

    US Attorney General Warns about the Identity Theft this Holiday Season

    The Federal Trade Commission states that more than 650,000 citizens’ identities have been comprom...

    US Attorney General Warns about the Identity Theft this Holiday Season Explore More

    News

    UAE Strengthens AML Measures to Bolster Virtual Asset Framework

    The UAE’s anti-money laundering and counter-terrorism financing department stated it continues bo...

    UAE Strengthens AML Measures to Bolster Virtual Asset Framework Explore More

    News

    Labor Party Victim of a Second Cyber-Attack

    Britain’s Labour Party has informed that it had been a victim of a large-scale cyberattack on its...

    Labor Party Victim of a Second Cyber-Attack Explore More

    News

    COVID Vaccine Certificate Fraud Leads to Suspension of GGD Employees

    A 20-year-old man arrested for being a part of Covid-19 certificate fraud. Many GGD employees are...

    COVID Vaccine Certificate Fraud Leads to Suspension of GGD Employees Explore More

    News

    Australia Risks Damage To Economy Unless Money Laundering Laws are Improved

    A Senate committee says that Australia is at risk of damaging its economy if money laundering law...

    Australia Risks Damage To Economy Unless Money Laundering Laws are Improved Explore More

    News

    Taiwan’s Ministry of Justice Proposes Amendments in AML Laws to Strengthen Fraud Measures

    The Ministry of Justice (MOJ) called for adequate measures in AML compliance and a streamlined sy...

    Taiwan’s Ministry of Justice Proposes Amendments in AML Laws to Strengthen Fraud Measures Explore More

    News

    UAE banking sector unites with law enforcement agencies to tackle fraud

    Dubai: UAE’s first national fraud awareness campaign has been initiated with the collaboration of...

    UAE banking sector unites with law enforcement agencies to tackle fraud Explore More

    News

    SEC Move Ahead with Regulation of Virtual Assets Service Providers (VASPs)

    Ghana’s Security Exchange Commission (SEC) has begun endorsing plans to regulate the crypto indus...

    SEC Move Ahead with Regulation of Virtual Assets Service Providers (VASPs) Explore More

    News

    PBOC Issues Risk-Based Account Opening Guidelines for SMEs

    The PBOC has issued guidance on Oct 14, 2021, for SMEs to adopt a Risk-Based Approach (RBA) when ...

    PBOC Issues Risk-Based Account Opening Guidelines for SMEs Explore More

    News

    AAT Warns UK Businesses are Vulnerable to Money Laundering Threat After Reforming AML Regulations

    The Association of Accounting Technicians (AAT) warned the UK government that reforming Anti-Mone...

    AAT Warns UK Businesses are Vulnerable to Money Laundering Threat After Reforming AML Regulations Explore More

    News

    FATF Highlights “Important Progress” in Colombia’s Anti-Money Laundering Reforms

    A follow-up report from FATF (Financial Action Task Force) reveals that Colombia has significantl...

    FATF Highlights “Important Progress” in Colombia’s Anti-Money Laundering Reforms Explore More

    News

    US Treasury Official Urges Iraq’s Central Bank to Act Against Money Laundering

    The US Treasury officials stated Iraq’s central bank should design new measures to combat the mis...

    US Treasury Official Urges Iraq’s Central Bank to Act Against Money Laundering Explore More

    News

    Law firm Clyde & Co. fined $635K for Breaching UK Money Laundering Laws

    Global law firm Clyde & Co. was fined £500,000 ($635,613) on 11 January for multiple breaches...

    Law firm Clyde & Co. fined $635K for Breaching UK Money Laundering Laws Explore More

    News

    Guyana Strengthens Judicial Officers Ability to Combat Financial Crime

    Guyana’s government started asset recovery training for the judicial officers to boost their capa...

    Guyana Strengthens Judicial Officers Ability to Combat Financial Crime Explore More

    News

    Cyprus Securities and Exchange Commission Warns Investing Firms for AML Non-Compliance

    The Cyprus Securities and Exchange Commission (CySEC) warned the Cyprus Investment Firms (CIFs)  ...

    Cyprus Securities and Exchange Commission Warns Investing Firms for AML Non-Compliance Explore More

    News

    $2 Trillion Moved and Now Banks Resist Money Laundering Orders

    According to the ICIJ journalist, BuzzFeed shared some documents disclosing the attitude of finan...

    $2 Trillion Moved and Now Banks Resist Money Laundering Orders Explore More

    News

    Colombia Releases New Regulations For Crypto Firms Operating in the Country

    The Colombian government passed new drafts for the local crypto organisations to continue operati...

    Colombia Releases New Regulations For Crypto Firms Operating in the Country Explore More

    News

    Singaporean Banks Enhance Security to Combat Financial Crime

    The Monetary Authority of Singapore (MAS) stated that the country’s banks are enhancing security ...

    Singaporean Banks Enhance Security to Combat Financial Crime Explore More

    News

    HEDA Calls for Professional Regulatory Bodies to Sanction Corruption Enablers

    The Human and Environmental Development Agenda (HEDA), the leading civic society organization on ...

    HEDA Calls for Professional Regulatory Bodies to Sanction Corruption Enablers Explore More

    News

    After Targeting 30 People, the “Major Identity Theft Player” Got Arrested by MPD

    Roseanna Russell, who the police call ‘mega player’, got caught by the Mobile police. The reports...

    After Targeting 30 People, the “Major Identity Theft Player” Got Arrested by MPD Explore More

    News

    Emirates Delegation of Anti-Money Laundering and Counter-Terrorism Financing Visits US

    The Emirates Executive Office of Money Laundering and Counter-Terrorism Financing visited Washing...

    Emirates Delegation of Anti-Money Laundering and Counter-Terrorism Financing Visits US Explore More

    News

    FINRA Issues Guidelines Regarding Penalties for Anti-Money Laundering Violations

    FINRA has issued its first-ever guidance to its member broker-dealers about the penalties that wi...

    FINRA Issues Guidelines Regarding Penalties for Anti-Money Laundering Violations Explore More

    News

    Swedbank Fined And Remains Under Investigation by US Authorities

    As Danske Bank awaits judgment by US regulators for being involved in Europe’s largest-ever money...

    Swedbank Fined And Remains Under Investigation by US Authorities Explore More

    News

    FBI Reveals North Korea’s Lazarus Group Involvement in $41 Million Stake Hack

    US Federal Bureau Investigation (FBI) has revealed that the North Korean hacking group, Lazarus, ...

    FBI Reveals North Korea’s Lazarus Group Involvement in $41 Million Stake Hack Explore More

    News

    UAE police show how fraudsters can access your bank account

    Abu Dhabi Police has alerted people against the download of unknown apps so they can secure their...

    UAE police show how fraudsters can access your bank account Explore More

    News

    Turkey Mandates NFC-based Identity Verification for Customer Onboarding

    Turkey’s regulatory body, Banking Regulation and Supervision Agency (BRSA) has issued new regulat...

    Turkey Mandates NFC-based Identity Verification for Customer Onboarding Explore More

    News

    Cybercrime to Surge in Cryptocurrency Even in Post COVID-19 Economy

    According to a report by Kaspersky Lab about cybersecurity and antivirus, in the post-COVID-19 wo...

    Cybercrime to Surge in Cryptocurrency Even in Post COVID-19 Economy Explore More

    News

    Facebook’s New AI Can Help You Circumvent Facial Recognition

    Facial recognition technology is primarily used to detect and identify people but in a turn of ev...

    Facebook’s New AI Can Help You Circumvent Facial Recognition Explore More

    News

    South Africa Earmarked R265 Million to Get Off FATF’s Greylist

    Finance Minister Enoch Godongwana announced on Tuesday that allocating R265 Million is one of sev...

    South Africa Earmarked R265 Million to Get Off FATF’s Greylist Explore More

    News

    The IRS Issues Last Minute-Warning To Avoid Tax Penalties

    A new warning has been issued by the IRS with the introduction of an identity protection pin that...

    The IRS Issues Last Minute-Warning To Avoid Tax Penalties Explore More

    News

    EU Warns About the Impact of COVID-19 on Non-Regulated Crypto Investments

    European Union’s financial regulatory agency, the European Securities and Markets Authority (ESMA...

    EU Warns About the Impact of COVID-19 on Non-Regulated Crypto Investments Explore More

    News

    Canada Faces 400% Increase in the Cryptocurrency Fraud

    The Canadian police department is warning people to protect their personal information and perfor...

    Canada Faces 400% Increase in the Cryptocurrency Fraud Explore More

    News

    Google Pay Transactions Just Got More Secure

    Previously, when you used Google Pay for transactions, it would only ask you to enter your PIN. A...

    Google Pay Transactions Just Got More Secure Explore More

    News

    £23.8 Million Fined to MT Global for AML Non-Compliance

    A Money Service Business (MSB) firm, MT Global, penalized by HM Revenue and Customs for breaching...

    £23.8 Million Fined to MT Global for AML Non-Compliance Explore More

    News

    Investment Scams Rising Through Fake Celebrity Endorsements

    Financial fraud through celebrity endorsement is becoming a primary concern as one in six firms o...

    Investment Scams Rising Through Fake Celebrity Endorsements Explore More

    News

    SEC & NYDFS Oppose Binance $1 Billion Voyager Deal

    The Securities and Exchange Commission and the New York Department of Financial Services have spo...

    SEC & NYDFS Oppose Binance $1 Billion Voyager Deal Explore More

    News

    BNM Issues New Policy For Remote Corporate Customer Onboarding

    BNM has issued a new policy document that permits MSBs to onboard customers remotely in the corpo...

    BNM Issues New Policy For Remote Corporate Customer Onboarding Explore More

    News

    Combating COVID-19: Dubai warns of $10 million loan scheme fraud

    A recent scam has emerged in Dubai which involves a $10 million loan for young entrepreneurs and ...

    Combating COVID-19: Dubai warns of $10 million loan scheme fraud Explore More

    News

    Bermuda Monetary Authority Tightens AML Control as Threat of Money Laundering Increases

    Bermuda Island was rated high in the 2020 Money Laundering and Terrorist Financing Risk Assessmen...

    Bermuda Monetary Authority Tightens AML Control as Threat of Money Laundering Increases Explore More

    News

    Experts Warn Many Firms Will Face Challenges With Latest FCA UK Crypto Law

    The UK’s Financial Conduct Authority (FCA) updated the crypto industry regulations recently, whic...

    Experts Warn Many Firms Will Face Challenges With Latest FCA UK Crypto Law Explore More

    News

    Crypto and Forex Scams Cost Belgian Investors $12 Million

    According to the Belgian financial watchdog, fraudsters stole approximately $12 million from the ...

    Crypto and Forex Scams Cost Belgian Investors $12 Million Explore More

    News

    Russian Central Bank Still Saying “No to Use of Crypto in Settlements”

    Russia’s Central Bank has put another wrench in the pro-business Ministry of Finance’...

    Russian Central Bank Still Saying “No to Use of Crypto in Settlements” Explore More

    News

    UK Adopts new Methods to Fight Money Laundering Through Sanction Regime

    The UK declared a new sanction regime against financial crimes like money laundering. According t...

    UK Adopts new Methods to Fight Money Laundering Through Sanction Regime Explore More

    News

    Money Laundering in Ireland Skyrockets as Criminals Move Online

    The cases of money laundering in Ireland has more than doubled last year and now it has spiked si...

    Money Laundering in Ireland Skyrockets as Criminals Move Online Explore More

    News

    FCA Advises Firms to Embed Data and Technology to Combat Financial Crimes

    Sarah Pritchard, the FCA executive director of markets, spoke at the Financial Crime Summit in Lo...

    FCA Advises Firms to Embed Data and Technology to Combat Financial Crimes Explore More

    News

    Blockchain officially becomes part of China’s tech strategy

    According to the National Development and Reform Commission (NDRC), China will use Blockchain to ...

    Blockchain officially becomes part of China’s tech strategy Explore More

    News

    The Netherlands To House an EU-based Anti-Money Laundering Agency in the Hague

    The Netherlands is aiming to create a new anti-money laundering agency with the principles of the...

    The Netherlands To House an EU-based Anti-Money Laundering Agency in the Hague Explore More

    News

    ICC Qatar is going to have a seminar on money laundering and terrorist financing

    The International Chamber of Commerce (ICC) Qatar is conducting a compliance awareness seminar on...

    ICC Qatar is going to have a seminar on money laundering and terrorist financing Explore More

    News

    Prevailing Financial Crimes Make London a Safe Haven for Money Launderer

    The UK’s capital is exposed to multiple financial crimes including money laundering and thefts wi...

    Prevailing Financial Crimes Make London a Safe Haven for Money Launderer Explore More

    News

    UK Adopts new Methods to Fight Money Laundering Through Sanction Regime

    The UK declared a new sanction regime against financial crimes like money laundering. According t...

    UK Adopts new Methods to Fight Money Laundering Through Sanction Regime Explore More

    News

    One in Three Western Australians Experience Financial Frauds – Bankwest

    Based on reports, every one in three residents of Western Australia has experienced financial abu...

    One in Three Western Australians Experience Financial Frauds – Bankwest Explore More

    News

    COVID-19: Banks and mobile companies join to block texting scams

    The banking and mobile phone industries are declaring advancement in the face of a rise in so-cal...

    COVID-19: Banks and mobile companies join to block texting scams Explore More

    News

    Facebook Launches a New Payment System Following Libra

    Facebook Pay is a new payment system launched by Facebook for all the apps under the Facebook umb...

    Facebook Launches a New Payment System Following Libra Explore More

    News

    Pakistan’s State Bank unveils new AML/CFT regulations for Forex Firms

    State Bank of Pakistan on Tuesday amended Anti-money laundering (AML) and Counter Financing of te...

    Pakistan’s State Bank unveils new AML/CFT regulations for Forex Firms Explore More

    News

    Kuwait’s Ministry of Social Affairs to Amend the Executive Law to Fight Money Laundering and Terrorism

    Kuwait’s Ministry of Social Affairs is currently reviewing a proposal to amend the executive regu...

    Kuwait’s Ministry of Social Affairs to Amend the Executive Law to Fight Money Laundering and Terrorism Explore More

    News

    “We Reaffirm Our Full Support for FATF’s Efforts Against Financial Crime” – G20 Leaders

    According to the Rome Declaration, G-20 leaders ensure full support to back FATF recommendations ...

    “We Reaffirm Our Full Support for FATF’s Efforts Against Financial Crime” – G20 Leaders Explore More

    News

    Increasing Financial Crimes Call to Establish a European Center of Excellence For AML Compliance

    EU financial and anti-financial crime regulations are more complicated than before and they reinf...

    Increasing Financial Crimes Call to Establish a European Center of Excellence For AML Compliance Explore More

    News

    Westpac Freezes Executive’s Bonuses Amid Money Laundering Scandal

    Westpac’s board will withhold bonuses of all of its senior executives as an ‘interim’ step follow...

    Westpac Freezes Executive’s Bonuses Amid Money Laundering Scandal Explore More

    News

    UAE police show how fraudsters can access your bank account

    Abu Dhabi Police has alerted people against the download of unknown apps so they can secure their...

    UAE police show how fraudsters can access your bank account Explore More

    News

    COVID-19: Banks and mobile companies join to block texting scams

    The banking and mobile phone industries are declaring advancement in the face of a rise in so-cal...

    COVID-19: Banks and mobile companies join to block texting scams Explore More

    News

    Japanese Gaming Giant Capcom Fell Victim to Cyberattacks

    The famous gaming giant, Capcom, is being blackmailed by cyberattackers to pay $11 million bitcoi...

    Japanese Gaming Giant Capcom Fell Victim to Cyberattacks Explore More

    News

    FATF Warns Many Countries Continue to Face Challenges in Meeting Virtual Asset Regulations

    Approximately 75% of FATF member countries fail to adhere to or only partially comply with Recomm...

    FATF Warns Many Countries Continue to Face Challenges in Meeting Virtual Asset Regulations Explore More

    News

    Lawmakers Approve Enablers Act Bill to Expand AML Reporting Requirements

    A group of lawmakers have approved the revision of America’s money laundering laws after 20 years...

    Lawmakers Approve Enablers Act Bill to Expand AML Reporting Requirements Explore More

    News

    The US Treasury Department OFAC Enforces Whistleblower Programmes

    According to the US Treasury’s Department Office of Foreign Assets Control (OFAC), companies must...

    The US Treasury Department OFAC Enforces Whistleblower Programmes Explore More

    News

    ACCC Calls for Heavy Penalties to Make Tech Giants Scam-free

    The Australian Competition and Consumer Commission (ACCC) has demanded severe penalties linked to...

    ACCC Calls for Heavy Penalties to Make Tech Giants Scam-free Explore More

    News

    ACMA Introduces New Policies to Combat SIM-Swapping Scams at Telcos

    New policies have been introduced by ACMA to prevent SIM-Swapping attack for Telcos to protect us...

    ACMA Introduces New Policies to Combat SIM-Swapping Scams at Telcos Explore More

    News

    Cryptocurrencies marked as top AML and CFT Priority by FinCEN

    FinCEN will soon be publishing regulations on how financial institutions can incorporate cryptocu...

    Cryptocurrencies marked as top AML and CFT Priority by FinCEN Explore More

    News

    Crown Resorts Accused of ‘Serious and Systemic’ Money-Laundering Breaches

    AUSTRAC has brought Crown Resorts to court as the casino breached anti-money laundering regulatio...

    Crown Resorts Accused of ‘Serious and Systemic’ Money-Laundering Breaches Explore More

    News

    Consumers Lost €15.6M to Impersonation, Investment, and Romance Scams

    Approximately 70% of Irish consumers have been targeted by some form of identity scam, according ...

    Consumers Lost €15.6M to Impersonation, Investment, and Romance Scams Explore More

    News

    Capital One Penalized $390M for ‘Willful’ Violation of the Bank Secrecy Act

    Financial Crimes Enforcement Network (FinCEN) has imposed $390 million as penalty on Capital One ...

    Capital One Penalized $390M for ‘Willful’ Violation of the Bank Secrecy Act Explore More

    News

    UK’s Decision to Dump the GDPR Raises Concerns for Online Gambling Sector

    The UK is facing financial turbulence because of changing its way from participating in European ...

    UK’s Decision to Dump the GDPR Raises Concerns for Online Gambling Sector Explore More

    Take the next steps to better security.

    Contact us

    Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

    Contact us

    Request demo

    Get free access to our platform and try our products today.

    Get started