The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

Nevada Takes Measures to Combat Unemployment Insurance Fraud

nevodo

District of Nevada’s Office of U.S Attorney has shown concerns about the rise in unemployment insurance fraud in the State of Nevada. Law enforcement agencies in the State are now prepared to take measures against such endeavors. 

A special prosecutor will be hired to combat the fraudsters exploiting the unemployment insurance fraud.

U.S. Attorney Nicholas Trutanich said, “If fraudsters don’t understand it by now, they should quickly realize that our office is prioritizing the investigation and prosecution of those trying to exploit the unemployment system and harm Nevadans in need.” 

A newly hired Assistant Attorney will prosecute the fraudsters in unemployment claims and will also prosecute criminals illegally using CARES Act funds. Federal authorities have now allocated significant funding to illicit activities. 

The Department of Employment, Training, and Rehabilitation of the Nevada State has been fighting unemployment insurance fraud since the start of the COVID-19 pandemic. There are thousands of unemployed citizens who have fallen prey to this fraud and have yet to receive their benefits.   

The U.S Attorney’s Office reports that a man named Alan Ray has been charged with multiple unemployment debit cards under someone else’s name. 

Prosecutors say that a casino in Las Vegas has also reported to the law enforcement authorities about finding 24 debit cards. 

The neighbouring State of California is also witnessing the growing issue of unemployment insurance fraud. 

Related Posts

News

China Announces Anti-foreign Sanctions Law

Under the new law, China has introduced countermeasures against senior managers and actual contro...

China Announces Anti-foreign Sanctions Law 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

US Government to Establish New Corporate Transparency Act Regulations to Verify UBOs

The US government is ready to change the process of reporting beneficial ownership. The final rul...

US Government to Establish New Corporate Transparency Act Regulations to Verify UBOs Explore More

News

Westpac Proven Guilty of Breaching Money Laundering Laws after Commonwealth Bank

Westpac was accused of violating the money laundering laws and counter-terrorism financial allega...

Westpac Proven Guilty of Breaching Money Laundering Laws after Commonwealth Bank Explore More

News

Taiwan’s Financial Authority Set to Establish Rigid Crypto Regulation

Taiwan’s Financial Supervisory Commission (FSC) has designed regulations that protect the c...

Taiwan’s Financial Authority Set to Establish Rigid Crypto Regulation Explore More

News

UK to Set up CBDC Taskforce to Analyze the Possibility of ‘Britcoin’

The Bank of England along with the British Government plans to set up a task force to create digi...

UK to Set up CBDC Taskforce to Analyze the Possibility of ‘Britcoin’ Explore More

News

New AML Reforms ‘Tranche 1.5’ Take Effect in Australia

In an attempt to streamline customer verification and correspondent banking, AUSTRAC has issued r...

New AML Reforms ‘Tranche 1.5’ Take Effect in Australia Explore More

News

UN Warns of Increased Money Laundering Risk from Mekong Casinos

The UN officials claimed transnational criminal gangs are exploiting Southeast Asia’s gaming and ...

UN Warns of Increased Money Laundering Risk from Mekong Casinos Explore More

News

Enhancing Transparency and Beneficial Ownership in the Fight Against Trade-Based Money Laundering

Criminals use trade-based money laundering (TBML) to move illicit money across jurisdictions. TBM...

Enhancing Transparency and Beneficial Ownership in the Fight Against Trade-Based Money Laundering Explore More

News

UK Approves New Age Verification Laws to Protect Children

The UK government approved the “Online Safety Bill,” which contains measures to protect children ...

UK Approves New Age Verification Laws to Protect Children Explore More

News

IRS And Foreign Tax Enforcers Warn of Increasing Money Laundering Risks in NFTs

The IRS and foreign tax enforcers have issued a warning of the increasing risks of money launderi...

IRS And Foreign Tax Enforcers Warn of Increasing Money Laundering Risks in NFTs Explore More

News

Facebook Built a Facial Recognition App To Identify Employees

Facebook is again under fire for its controversial facial recognition technology. The tool used f...

Facebook Built a Facial Recognition App To Identify Employees Explore More

News

ODJFS Makes Efforts Against Fraud Schemes, Calling for Improved Safeguards

The Ohio Department of Jobs and Family Services (ODJFS) has estimated that approximately $506 mil...

ODJFS Makes Efforts Against Fraud Schemes, Calling for Improved Safeguards Explore More

News

Malaysia Leads Southeast Asian Peers in Implementing Anti-Money Laundering and Counter-Terrorism Financing Regulations

Malaysian financial institutes are leading other South Asian countries in complying with anti-mon...

Malaysia Leads Southeast Asian Peers in Implementing Anti-Money Laundering and Counter-Terrorism Financing Regulations Explore More

News

FATF Examines Technology use in Making AML/CFT More Effective

FATF has recognized the importance of combining human input and manual review with automation for...

FATF Examines Technology use in Making AML/CFT More Effective Explore More

News

Abu Dhabi to Establish Executive Office to Combat Illicit Financial Flow

A specialised court in Abu Dhabi will be developed to oversee the measures to fight financial cri...

Abu Dhabi to Establish Executive Office to Combat Illicit Financial Flow Explore More

News

OSCE – Eurasian Forum Combines to Counter Money Laundering and Terrorism Financing

The Organisation for Security and Co-operation in Europe (OSCE) supported the joint efforts with ...

OSCE – Eurasian Forum Combines to Counter Money Laundering and Terrorism Financing Explore More

News

Two of Singapore’s Banking Giants Involved in Billion-Dollar Money Laundering Case

The two well-known banks in Singapore, Development Bank Singapore (DBS) and Overseas Chinese Bank...

Two of Singapore’s Banking Giants Involved in Billion-Dollar Money Laundering Case Explore More

News

FATF Urges Japan to Implement Stronger AML Measures

The FATF mutual evaluation report on Japan proposes the formation of a joint-agency body to enhan...

FATF Urges Japan to Implement Stronger AML Measures 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

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

Danske Bank Expecting Huge Profit Rebound as Money Laundering Case Ends

Danske Bank expects a massive rebound in earnings this year, 2023, after the closure of the money...

Danske Bank Expecting Huge Profit Rebound as Money Laundering Case Ends Explore More

News

Ontarians Lost More than $118M to ‘Grandparent Scam’ in 2022, Reports

‘Grandparent scam’ cost Ontario residents more than $118 million. Scammers call elderly people an...

Ontarians Lost More than $118M to ‘Grandparent Scam’ in 2022, Reports Explore More

News

Irish Businessmen lost More than €10 Million in Invoice Redirect Fraud

Sophisticated invoice redirect fraud in Ireland has resulted in the loss of €10 Million for busin...

Irish Businessmen lost More than €10 Million in Invoice Redirect Fraud 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

UAE Grants Russian Lender a Rare Banking Licence to Operate in the Region

The CBUAE has approved a banking licence for Russia’s MTS bank, a move that risks deepening...

UAE Grants Russian Lender a Rare Banking Licence to Operate in the Region 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

Binance Expands Footprint in Europe as it Acquires License to Operate in Sweden

The Swedish financial supervisory authority (FSA) allowed Binance to operate in the country, whic...

Binance Expands Footprint in Europe as it Acquires License to Operate in Sweden Explore More

News

Singapore: MAS Preparing Data Sharing Platforms to Combat FinCrime

The Monetary Authority of Singapore (MAS) is creating a digital platform named Cosmic that will a...

Singapore: MAS Preparing Data Sharing Platforms to Combat FinCrime Explore More

News

FCMC Fines AS PrivatBank Worth €768K for AML Non-Compliance

The FCMC fined PrivatBank for AML/CTPF compliance breaches and instructed the bank to address its...

FCMC Fines AS PrivatBank Worth €768K for AML Non-Compliance Explore More

News

MALACAÑANG Orders Relevant Government Agencies to Implement Anti-Money Laundering Plans and Programs

Aiming to exit the Financial Action Task Force’s (FATF) grey list by January 2024, MALACAÑANG Pal...

MALACAÑANG Orders Relevant Government Agencies to Implement Anti-Money Laundering Plans and Programs Explore More

News

FATF meeting scheduled to discuss VASPs compliance

The Financial Action Task Force (FATF) has scheduled a plenary meeting on June 24 to monitor the ...

FATF meeting scheduled to discuss VASPs compliance Explore More

News

Over £1 Million Lost to Covid Business Support Fraud in Leeds

Leeds City Council papers have shown 74 cases of Covid business support fraud where more than £1 ...

Over £1 Million Lost to Covid Business Support Fraud in Leeds Explore More

News

Dubai Jails 9 and Fines Over Dh15 Million for Money Laundering

Dubai courts have issued prison sentences to 9 offenders for money laundering. The Emirates conti...

Dubai Jails 9 and Fines Over Dh15 Million for Money Laundering Explore More

News

Financial Crimes Surged Amid COVID-19, Says FATF

Financial Action Task Force (FATF) speaks up about the adverse effects of COVID-19 on financial r...

Financial Crimes Surged Amid COVID-19, Says FATF Explore More

News

Australia DTA Consults on Upcoming “Trusted Digital Identity Bill”

The consultation will facilitate the Trusted Digital Identity Bill, making digital identity syste...

Australia DTA Consults on Upcoming “Trusted Digital Identity Bill” Explore More

News

Star Entertainment Group Hit with Record Fine of $100M for Money Laundering

Australia’s gambling giant Star Entertainment Group has been charged $100 million for failing to ...

Star Entertainment Group Hit with Record Fine of $100M for Money Laundering Explore More

News

Europol and EU Member States Launch Operation Targeting Assets of Sanctioned Entities

Europol and EU member states along with Eurojust and Frontex have launched Operation Oscar to ass...

Europol and EU Member States Launch Operation Targeting Assets of Sanctioned Entities Explore More

News

MAS Rejects License Applications of 100 Crypto Exchanges for Ineffective CDD Protocols

Over 100 companies were either turned down or had to withdraw their applications for a license to...

MAS Rejects License Applications of 100 Crypto Exchanges for Ineffective CDD Protocols Explore More

News

Scammers Set to Defraud this Holiday Season, FBI Warns!

This holiday season, New Mexican shoppers are at risk of facing scammers. Criminals are all set t...

Scammers Set to Defraud this Holiday Season, FBI Warns! Explore More

News

Taiwan FSC to Ease Authentication Rules through Biometric Verification

According to new rules, banks will be using biometric authentication methods to fulfil ID authent...

Taiwan FSC to Ease Authentication Rules through Biometric Verification Explore More

News

ECB Releases Paper Revealing Financial Crime Risks in Cross-border Payments

ECB has released a paper that reveals the financial risks associated with cross-border payments, ...

ECB Releases Paper Revealing Financial Crime Risks in Cross-border Payments Explore More

News

Malta’s Justice Minister Ammends Legal Framework to Lighten Financial Crime Proceedings

Malta’s Justice Minister announces amendments in the court proceedings for financial crimes...

Malta’s Justice Minister Ammends Legal Framework to Lighten Financial Crime Proceedings Explore More

News

Irish Businessmen lost More than €10 Million in Invoice Redirect Fraud

Sophisticated invoice redirect fraud in Ireland has resulted in the loss of €10 Million for busin...

Irish Businessmen lost More than €10 Million in Invoice Redirect Fraud Explore More

News

FirstBank of Nigeria Continues Commitment to Combating Money Laundering

Chief Executive Officer of the First Bank Group of Nigeria Limited, Dr. Adesola Adeduntan, noted ...

FirstBank of Nigeria Continues Commitment to Combating Money Laundering Explore More

News

Sri Lanka removed from the high-risk money-laundering list

COLOMBO – Sri Lanka was recently removed from the list of high-risk countries for money lau...

Sri Lanka removed from the high-risk money-laundering list Explore More

News

The Cayman Islands Pleads to be Removed from the FATF’s ‘Gray List’ of Jurisdictions Suspected of Money Laundering

An initiative by the Cayman Islands in France, on June 19th, asked the Financial Authority Task F...

The Cayman Islands Pleads to be Removed from the FATF’s ‘Gray List’ of Jurisdictions Suspected of Money Laundering Explore More

News

UAE Firms Must Disclose UBO’s to Avoid Dirty Money Watch List

500,000+ firms in the UAE (United Arab Emirates) face disclosure of their Ultimate Beneficial Own...

UAE Firms Must Disclose UBO’s to Avoid Dirty Money Watch List Explore More

News

Interpol Operation Intercepts Financial Cybercrime Worth $83 Million

Due to an exponential rise in online financial crimes in the Asia Pacific region, an INTERPOL-coo...

Interpol Operation Intercepts Financial Cybercrime Worth $83 Million Explore More

News

Swedbank cuts former CEO’s Golden Parachute over Money-Laundering

STOCKHOLM – Swedbank has canceled the severance pay of former CEO, Birgitte Bonnesen after ...

Swedbank cuts former CEO’s Golden Parachute over Money-Laundering Explore More

News

Singapore Plans to Amend Laws to Arrest Money Mules Facilitating Scams

Singapore authorities have decided to amend laws for prosecuting money mules facilitating financi...

Singapore Plans to Amend Laws to Arrest Money Mules Facilitating Scams Explore More

News

Twitter Reveals Plans of Addressing Deepfakes

Last month, Twitter announced that it was working on plans to better handle the rising issues of ...

Twitter Reveals Plans of Addressing Deepfakes Explore More

News

Lawyers in Malta Lag Behind in Complying with AML Measures

Malta obliged the various sectors to comply with risk assessment measures. According to the Finan...

Lawyers in Malta Lag Behind in Complying with AML Measures Explore More

News

Russian Government Bans New Crypto Website for ‘Promoting Money Laundering’

The Russian government has banned the new website Bits.media for allegations of promoting illicit...

Russian Government Bans New Crypto Website for ‘Promoting Money Laundering’ Explore More

News

Increasing Use of Cryptocurrency for Money Laundering Causes Concern in the Philippines

The use of cryptocurrency in money laundering is raising alarm for the Philippine Central Cank. T...

Increasing Use of Cryptocurrency for Money Laundering Causes Concern in the Philippines Explore More

News

China’s cyberspace regulators approve 224 blockchain ventures

China’s Office of the Central Cyberspace Affairs Commission (OCCAC) has recently announced a new ...

China’s cyberspace regulators approve 224 blockchain ventures Explore More

News

US Regulators to Sharpen AML Expectations For Crypto Sector

The US regulators are increasing the AML compliance expectations within the crypto sector to ensu...

US Regulators to Sharpen AML Expectations For Crypto Sector Explore More

News

Cyprus to Test UBO Registration System for AML Compliance

The government of Cyprus has indicated it will test a system for registering ultimate beneficial ...

Cyprus to Test UBO Registration System for AML Compliance Explore More

News

Star Casino’s Share Tumbles 21% Following Money Laundering Allegations

Individuals banned from gambling at the Star casino in Sydney had been permitted to gamble at Sta...

Star Casino’s Share Tumbles 21% Following Money Laundering Allegations Explore More

News

Dubai Jails 9 and Fines Over Dh15 Million for Money Laundering

Dubai courts have issued prison sentences to 9 offenders for money laundering. The Emirates conti...

Dubai Jails 9 and Fines Over Dh15 Million for Money Laundering 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

French Magazine XXI to Reveal ICIJ’s Take on Tax Havens

In an interview with ICIJ, XXI editor David Servenay says that the offshore world is more powerfu...

French Magazine XXI to Reveal ICIJ’s Take on Tax Havens Explore More

News

Dark Web Becomes a Haven for Insurance Fraud

Dark Web has recently become a growing market for unemployment insurance fraud and fraudsters can...

Dark Web Becomes a Haven for Insurance Fraud Explore More

News

FMA Sues Tiger Brokers for AML/CTF Breaches

The Financial Markets Authority (FMA) has filed court proceedings against Tiger Brokers for alleg...

FMA Sues Tiger Brokers for AML/CTF Breaches Explore More

News

New KYC and AML Compliance May Violate Privacy Laws in South Korea

The South Korean government is considering implementing KYC and AML compliance in the region, but...

New KYC and AML Compliance May Violate Privacy Laws in South Korea Explore More

News

FATF warns Turkey over Lapses in Money Laundering and Terror Financing

Turkey has been warned by Financial Action Taskforce (FATF) because of its ‘serious shortcomings’...

FATF warns Turkey over Lapses in Money Laundering and Terror Financing Explore More

News

The Financial Intelligence Analysis Unit Levies Fines Worth €2.2 Million in the First Half of 2023

The Financial Intelligence Analysis Unit fined €2.2 million in the first half of 2023. A constitu...

The Financial Intelligence Analysis Unit Levies Fines Worth €2.2 Million in the First Half of 2023 Explore More

News

Ransomware attacks increase as more people work from home

According to a study published by the cybersecurity firm, Proofpoint, there has been an increase ...

Ransomware attacks increase as more people work from home Explore More

News

SEC Unfolds Strict Regulations to Prevent Financial Crimes in Stock Market

SEC (Securities Exchange Commission) is to implement tough regulations to prevent money launderin...

SEC Unfolds Strict Regulations to Prevent Financial Crimes in Stock Market Explore More

News

Brazilian Police Block Crypto Assets Due to Suspected Fraud

Brazilian police have requested the court to block the virtual assets of suspected digital tradin...

Brazilian Police Block Crypto Assets Due to Suspected Fraud Explore More

News

EU Takes First Step to Set Up Anti-Money Laundering Supervisor

The European Union should contemplate creating an independent agency to supervise anti-money laun...

EU Takes First Step to Set Up Anti-Money Laundering Supervisor Explore More

News

EU Parliament Committee Backs MiCA Deal to Effectively Manage Crypto

The MiCA deal has been approved by the economic committee of the EU Parliament. The committee has...

EU Parliament Committee Backs MiCA Deal to Effectively Manage Crypto 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