The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

Low-orbit internet banking fraud claim supposed to be a bunch of space junk

low

A case of supposed low-orbit digital banking fraud has taken a turn, with the US Attorney’s Office for the Southern District of Texas lodged an accusation in which it claimed the accuser in the case had lied.


The case came to light in August 2019 when it was recorded how astronaut Lt Col Anne McClain rejected a claim that she had illegally retrieved a bank account belonging to ex-wife Summer Worden while aboard the International Space Station.

The claim was being inquired and things started to head south for Worden. The District Court charges Worden with “falsely claiming [an] officer accessed her bank account from International Space Station”.

The announcement explains the falsehoods as follows: “The indictment alleges Worden filed a complaint with the Federal Trade Commission, alleging the officer [McClain] had improperly accessed her bank account. She claimed she had opened a new account in September 2018 and reset her login credentials in order to prevent the individual from accessing her accounts, according to the charges. However, the indictment alleges she actually opened the account in April 2018 and did not change her login credentials until January 2019.”

Furthermore, “The indictment charges Worden with making false statements on two occasions. She allegedly filed the false complaint March 19, 2019, with the FTC and later made a false statement in an interview with NASA-OIG July 22, 2019.”

This looks like investigators were able to go through a bank’s files and documents.

The case is off to court on 13 April, when Worden will appear before US Magistrate Judge Dena H Palermo.

Related Posts

News

Belgian Banks to Establish a Platform to Reveal Anti-Money Laundering data

Belgium’s one of the leading bank chain has now suggested developing a platform that will allow p...

Belgian Banks to Establish a Platform to Reveal Anti-Money Laundering data Explore More

News

Manchester Police Retrieves & Returns $23 Million Stolen Crypto Assets to Scam Victims

Manchester police have confiscated over $25 million worth of crypto that were stolen globally in ...

Manchester Police Retrieves & Returns $23 Million Stolen Crypto Assets to Scam Victims Explore More

News

NAB, CBA Under Money Laundering Probe Yet Again

Australia’s CBA and NAB are under regulatory scrutiny for providing correspondent banking service...

NAB, CBA Under Money Laundering Probe Yet Again Explore More

News

e-KYC services introduced in Malaysia by InstaREM

Residents and expatriates in Malaysia can now make overseas payments safely and regularly through...

e-KYC services introduced in Malaysia by InstaREM Explore More

News

AUSTRAC, Home Affairs Say Tech Capability Not There Yet for Crypto Travel Rule

While it is understood that the crypto Travel Rule will prove to be a ‘game changer’,...

AUSTRAC, Home Affairs Say Tech Capability Not There Yet for Crypto Travel Rule Explore More

News

Singapore replaces passwords and ID documents with facial recognition systems

As reported by Strait Times, Singapore plans to replace passwords and identity documents with bio...

Singapore replaces passwords and ID documents with facial recognition systems Explore More

News

Zoom improves user security by incorporating 2FA for all users

Zoom confirmed adding 2-factor authentication (2FA) for all the users of the platform. This marks...

Zoom improves user security by incorporating 2FA for all users Explore More

News

London’s Mayor Assures of the Strong Regulations Despite Brexit

Bankers in the UK are looking towards the leniency in regulations and tax cuts due to Brexit. How...

London’s Mayor Assures of the Strong Regulations Despite Brexit Explore More

News

Singapore Seizes $736m Worth of Assets in Money Laundering Investigation

Singapore police have arrested 10 foreigners in the money laundering operation and seized $736m w...

Singapore Seizes $736m Worth of Assets in Money Laundering Investigation Explore More

News

Bank of England Introduces New Regulatory Approach for Crypto

The Bank of England is formulating the UK’s first regulatory framework for crypto assets and stat...

Bank of England Introduces New Regulatory Approach for Crypto Explore More

News

8.3 million users affected in ‘Freepik data breach’

Freepik, a free photo and graphics site, has disclosed a major data breach that affected nearly 8...

8.3 million users affected in ‘Freepik data breach’ Explore More

News

SEC Updates Regulatory Disclosures for Chinese Issuers Amid Crackdown

Chinese businesses, as per a ruling by the SEC, are directed to present additional disclosures re...

SEC Updates Regulatory Disclosures for Chinese Issuers Amid Crackdown Explore More

News

AUSTRAC Warns Banks Against Closing Accounts of Crypto Traders

AUSTRAC shows full support for the Australian crypto industry and is issuing warnings to banks ag...

AUSTRAC Warns Banks Against  Closing Accounts of Crypto Traders Explore More

News

RSA Revamps Digital Payments with Industry-centric Regulations

The federal bank in South Africa re-regulated guidelines for performing card transactions between...

RSA Revamps Digital Payments with Industry-centric Regulations Explore More

News

Cyprus Aligns with EU Regulations by Adopting Strong AML/CFT Measures

Cyprus has established a new digital registry and requires the businesses to identify their true ...

Cyprus Aligns with EU Regulations by Adopting Strong AML/CFT Measures Explore More

News

Netflix users targetted by scammers during COVID-19 outbreak

According to a security company, Scammers are increasingly using the likeness of online streaming...

Netflix users targetted by scammers during COVID-19 outbreak Explore More

News

The Commodity Futures Trading Commission to Regulate the Crypto Market with “Full Oversight Capabilities”

The chairman of the CFTC discussed that his agency would regulate the crypto market.  Digital Com...

The Commodity Futures Trading Commission to Regulate the Crypto Market with “Full Oversight Capabilities” Explore More

News

Swiss Prosecutors Scrutinize Lebanon’s Central Bank for Money Laundering

Prosecutors in Switzerland are carrying out investigations from the British Virgin Islands to Gen...

Swiss Prosecutors Scrutinize Lebanon’s Central Bank for Money Laundering Explore More

News

Kount integrates AI software for immediate identity verification

Kount, a fraud prevention firm is planning on introducing the Identity Trust Global Network for t...

Kount integrates AI software for immediate identity verification Explore More

News

Singapore Monetary Authority to Review Rising Card Scam Cases

The Monetary Authority of Singapore (MAS) is reviewing the liability framework for card scams, gi...

Singapore Monetary Authority to Review Rising Card Scam Cases Explore More

News

Monetary Authority of Singapore to Take Tougher Action Against Data Breaches

To address the data privacy concern, MAS has recommended that data privacy offences should be mad...

Monetary Authority of Singapore to Take Tougher Action Against Data Breaches Explore More

News

US Launches First Criminal Prosecution for Alleged Cryptocurrency Sanctions Case

Criminal charges are issued by the US Justice Department for the first time for transmitting more...

US Launches First Criminal Prosecution for Alleged Cryptocurrency Sanctions Case Explore More

News

The UAE Hosts the Egmont Plenary to Promote Global Anti-Money Laundering Efforts

The UAE Financial Intelligence Unit is hosting this year’s Egmont Plenary event, which is e...

The UAE Hosts the Egmont Plenary to Promote Global Anti-Money Laundering Efforts Explore More

News

Crypto Adoption on the Rise, PayPal will Offer Crypto Payments in 2021

In the digital era, companies are shifting toward digital means of communication. Banks have plan...

Crypto Adoption on the Rise, PayPal will Offer Crypto Payments in 2021 Explore More

News

House Bill Passed in Philippine to Enforce AML LAW

House of Representatives has approved legal amendments to regulate the developers, metal dealers,...

House Bill Passed in Philippine to Enforce AML LAW Explore More

News

MP Calls in For UK’s Defences in Opposition to “Dirty Money” Overrun

The cross-party group of MP declares UK defences in becoming the “jurisdiction of choice for dirt...

MP Calls in For UK’s Defences in Opposition to “Dirty Money” Overrun Explore More

News

Facial Recognition Market to Grow 12.5% Annually Through 2024

According to a new report by Mordor Intelligence, the facial recognition market is expected to gr...

Facial Recognition Market to Grow 12.5% Annually Through 2024 Explore More

News

US Takes Steps to Regulate Digital Currency Amid Russian Sanction

President Biden signed an executive order on Wednesday wherein the federal government was urged t...

US Takes Steps to Regulate Digital Currency Amid Russian Sanction Explore More

News

FATF Urges Member Countries To Lead by Example in Implementing Travel Rule

The global financial watchdog FATF has urged countries to implement the travel rule in the legisl...

FATF Urges Member Countries To Lead by Example in Implementing Travel Rule Explore More

News

455 Social Media Accounts Flagged for Rolling Out Fake IDs – Europol Reports

455 social media accounts flagged by Europol, which were providing fake identity documents to ill...

455 Social Media Accounts Flagged for Rolling Out Fake IDs  – Europol Reports Explore More

News

Media Industry Suffer Huge Increase in Cyber-Attacks

The media industry is increasingly under the threat of cyberattacks. It suffered 17 billion crede...

Media Industry Suffer Huge Increase in Cyber-Attacks Explore More

News

UAE Adopts Facial Recognition for ID Verification Instead of Emirates ID Card Readers

Facial recognition instead of Emirates ID card readers will now verify identity. The Federal Auth...

UAE Adopts Facial Recognition for ID Verification Instead of Emirates ID Card Readers Explore More

News

Hong Kong Legislators Invite Coinbase to the Region Despite SEC Concerns

Coinbase and other crypto exchanges have been invited to establish operations in Hong Kong; the r...

Hong Kong Legislators Invite Coinbase to the Region Despite SEC Concerns Explore More

News

Mexico: Federal Anti-Money Laundering Agency Freezes 1352 Accounts for Money Laundering

On Tuesday, the police and federal anti-money laundering agency said that they have frozen 1352 b...

Mexico: Federal Anti-Money Laundering Agency Freezes 1352 Accounts for Money Laundering Explore More

News

Paraguay- Brazilian Bank Fined Heavily for Anti-money Laundering Non-compliance.

A major Brazilian Bank in Paraguayan has been sanctioned by the Paraguayan government. Latin Amer...

Paraguay- Brazilian Bank Fined Heavily for Anti-money Laundering Non-compliance. Explore More

News

FCA Spends $650K to Beef up its AML Control for the Crypto Industry

FCA spends $670,000 on training cryptocurrency exchange staff along with strengthening AML requir...

FCA Spends $650K to Beef up its AML Control for the Crypto Industry Explore More

News

UAE Imposes Fines Exceeding Dh115 Million to Combat Money Laundering in Q1 of 2023

The UAE has imposed a monetary penalty of Dh115 million ($31.3M) in the first quarter (Q1) of 202...

UAE Imposes Fines Exceeding Dh115 Million to Combat Money Laundering in Q1 of 2023 Explore More

News

Austrac Warns of Money Laundering Risks Unless More Prosecutions are Conducted

Austrac has warned the law enforcement agencies in Australia that they must conduct more money la...

Austrac Warns of Money Laundering Risks Unless More Prosecutions are Conducted Explore More

News

Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far

Whale Alert alleges that crypto scams are skyrocketing so far in 2020.  A report revealed,scammer...

Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far Explore More

News

Police warns after an increase in online scams selling face masks

The Cleveland Police has warned the public regarding the increasing number of Coronavirus related...

Police warns after an increase in online scams selling face masks Explore More

News

FATF: US largely complacent with virtual currency regulations

The Financial Action Task Force (FATF) has rated the U.S. “largely compliant” with its revised cr...

FATF: US largely complacent with virtual currency regulations Explore More

News

Hong Kong Launches Meta Verse to Combat Crypto Crime

CyberDefender Metaverse is the first metaverse platform launched by Hong Kong Police to combat cr...

Hong Kong Launches Meta Verse to Combat Crypto Crime Explore More

News

US Shows Conflicts with China at First Financial Meeting

In a recent financial working group meeting, the US Treasury raised disagreements with China, whe...

US Shows Conflicts with China at First Financial Meeting Explore More

News

AUSTRAC Warns Banks Against Closing Accounts of Crypto Traders

AUSTRAC shows full support for the Australian crypto industry and is issuing warnings to banks ag...

AUSTRAC Warns Banks Against  Closing Accounts of Crypto Traders Explore More

News

Iran’s Finance Ministry Releases List of Individuals Suspected of Money Laundering

The Finance Ministry of Iran has released its first list of individuals suspected of having links...

Iran’s Finance Ministry Releases List of Individuals Suspected of Money Laundering Explore More

News

Regulators Express Concerns on TD Bank’s AML Practices Leading to Merger Termination to Acquire First Horizon Bank

TD Bank was being examined by the Office of the Federal Reserve and the Comptroller of the Curren...

Regulators Express Concerns on TD Bank’s AML Practices Leading to Merger Termination to Acquire First Horizon Bank Explore More

News

Nepal at Risk of ‘Graylisting’ for Allowing Money Laundering

Nepal could be added to FATF’s greylist as the global AML watchdog has found a  number of deficie...

Nepal at Risk of ‘Graylisting’ for Allowing Money Laundering Explore More

News

Australian Regulators Seeking to Implement Travel Rules for Cryptocurrency

Australia is looking at the laws that would require cryptocurrency providers to record the inform...

Australian Regulators Seeking to Implement Travel Rules for Cryptocurrency Explore More

News

€18 Million of Illicit Cash Flows Undetected Across 25 EU States in Two Weeks

A major customs operation, BELENOS, by the French Customs authorities, has unveiled an illicit fl...

€18 Million of Illicit Cash Flows Undetected Across 25 EU States in Two Weeks Explore More

News

Estonian Cryptocurrency Exchange charged for concealing hack

Crex24, an Estonian cryptocurrency exchange, is accused of hiding a hack from its customers after...

Estonian Cryptocurrency Exchange charged for concealing hack Explore More

News

Japan’s Airports Run Face Verification Trials for Passenger Onboarding

Tokyo’s Narita airport is running trials for a face recognition system for international travelle...

Japan’s Airports Run Face Verification Trials for Passenger Onboarding Explore More

News

UK to Regulate Stablecoins & Mint its Own NFTs to Become Global Crypto Hub

The UK is reportedly planning to regulate stablecoins as a payment method and the Royal Mint is t...

UK to Regulate Stablecoins & Mint its Own NFTs to Become Global Crypto Hub Explore More

News

FINTRAC Fines Two B.C. Real Estate Brokerage Firms for AML Violations

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has recently fined two...

FINTRAC Fines Two B.C. Real Estate Brokerage Firms for AML Violations Explore More

News

Portuguese Banks Restrict Services for Crypto Exchanges, Citing Risky Grounds

Portuguese banks have restricted services of multiple crypto exchange firms operating in the coun...

Portuguese Banks Restrict Services for Crypto Exchanges, Citing Risky Grounds Explore More

News

Rabobank’s Profits Drop Over Shut Down in Russia and Increased AML Costs

Dutch Cooperative Rabobank revealed that its profit plunged more than a quarter in the first half...

Rabobank’s Profits Drop Over Shut Down in Russia and Increased AML Costs Explore More

News

Comparitech Report Ranks Biometric Data Use: China Tops the List

Comparitech, a pro-consumer technology website, conducted a study including 50 countries and thei...

Comparitech Report Ranks Biometric Data Use: China Tops the List Explore More

News

Crypto Under Threat – UK Banks are Blocking Payments

Due to rising financial crimes related to cryptos, banks in the UK are blocking payments to crypt...

Crypto Under Threat – UK Banks are Blocking Payments Explore More

News

California to Legislate Stronger Children’s Online Safety Bill

Assembly Bill 2273 for children’s online safety and privacy was approved by lawmakers in Ca...

California to Legislate Stronger Children’s Online Safety Bill Explore More

News

FTX Customers File Class Action Against Bankrupt Crypto Exchange

FTX customers had filed a class action against the bankrupt crypto exchange and its ex-CEO Sam Ba...

FTX Customers File Class Action Against Bankrupt Crypto Exchange Explore More

News

Ransomware attacks three US universities

A ransomware group has successfully stricken three universities within the week. They claim that ...

Ransomware attacks three US universities Explore More

News

New York Federal Reserve Sued by Puerto Rican Bank For Blocking Service in Venezuela

A Puerto Rican bank has sued the New York Federal Reserve on 25th July for suspending their acces...

New York Federal Reserve Sued by Puerto Rican Bank For Blocking Service in Venezuela 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

Digital Currency ‘Sand Dollar’ Launched by the Bahamas

The Central Bank of the Bahamas (CBOB) has introduced a digital version of the Bahamian dollar, s...

Digital Currency ‘Sand Dollar’ Launched by the Bahamas Explore More

News

Regulators in Hong Kong Urge Banks to Accept Cryptocurrencies

Hong Kong banks are worried about regulatory repercussions for their crypto clients if money laun...

Regulators in Hong Kong Urge Banks to Accept Cryptocurrencies Explore More

News

CBA Fails to Disclose AML Non-Compliance to Investors, A Court Hears

A court has heard that the CBA should have informed the market that it may have engaged in “law-b...

CBA Fails to Disclose AML Non-Compliance to Investors, A Court Hears Explore More

News

US Justice Department Helps Brazilian Government to Seize $24 Million in Crypto Fraud

An official request from the Brazilian government was made to the US government for helping to se...

US Justice Department Helps Brazilian Government to Seize $24 Million in Crypto Fraud Explore More

News

German Law Firm Denies Money Laundering Allegations Against Deutsche ReGas

Hengeler Mueller, a German law firm, investigated the loopholes in the Anti-Money Laundering (AML...

German Law Firm Denies Money Laundering Allegations Against Deutsche ReGas Explore More

News

Switzerland Falls Behind in the Fight Against Money Laundering

The Parliament of Switzerland has voted against the requirement of performing due diligence on la...

Switzerland Falls Behind in the Fight Against Money Laundering Explore More

News

Shufti’s Age Verification Solution Approved by KJM

Germany’s Commission for media, Kommission für Jugendmedienschutz (KJM), has approved Shufti’...

Shufti’s Age Verification Solution Approved by KJM Explore More

News

Amazon Challenges Pentagon’s $10 Billion Contract To Microsoft

Amazon said on Thursday, that it is going to challenge a $10 billion contract awarded to Microsof...

Amazon Challenges Pentagon’s $10 Billion Contract To Microsoft Explore More

News

AUSTRAC to Update Guidance for Threshold Transaction Reporting

AUSTRAC has made it mandatory for reporting entities to include a threshold transaction report (T...

AUSTRAC to Update Guidance for Threshold Transaction Reporting Explore More

News

Canadian Anti-Money Laundering Agency Fines RBC $7.4M

Canada’s anti-money laundering regulatory body imposed a C$7.4 million penalty on the Royal Bank ...

Canadian Anti-Money Laundering Agency Fines RBC $7.4M 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