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

    us

    216.73.216.68

    Peru’s Former and Current President under Investigation for Alleged Money Laundering

    n-img-peru

    Peru’s former and current presidents are under investigation for alleged money laundering and the crimes committed during Peru’s 2021 presidential race.

    Peruvian prosecutors are investigating President Dina Bolurate and former president, Pedro Castillo, for allegedly laundering money with affiliation to organised crime groups. The inquiry into these alleged crimes is part of an ongoing investigation of crimes committed during the Peruvian presidential campaign of 2021.

    The attorney general’s office announced on Tuesday, after Castillo’s former advisor told the local media that he had financed part of Castillo’s presidential campaign in 2021, also stated Boluarte’s trips were also financed when she was running to be Castillo’s vice president. According to the attorney general office, “The alleged commission of these crimes would have occurred during the electoral campaign of Peru Libre,” referencing the Marxist party that nominated Castillo to the presidency of the Andean country.

    Over the weekend, Boluarte denied the allegations of receiving illegal campaign contributions and stated that all corruption accusations were a “political manoeuvre” aimed to undermine her government. 

    In December 2022, Castillo was removed after attempting to dissolve Congress before an impeachment vote. Boluarte became the president in the wake of his removal and arrest. Since then, Peru has been facing a political crisis. The new president has faced calls to resign and protests have erupted demanding a new election. 

    Boluarte is also under investigation for her alleged role in the death of protestors, who were killed in clashes with security forces after she took the presidency. In these clashes between security forces and protestors forty-nine civilians and seven security members have died, as per the ombudsman’s office. As the president, Boluarte will not face the court until her mandate ends in 2026 even if she faces concrete charges.

    Boluarte is Peru’s sixth president since March 2018 and the first woman to hold the role. The prosecutor’s announcement comes shortly before congress and will debate on Thursday on the admission of a motion to remove the president.  

    Suggested Read:

    FEDERAL PROSECUTORS INVESTIGATE TRUMP’S SOCIAL MEDIA COMPANY FOR MONEY LAUNDERING

    Related Posts

    News

    President Biden Takes the Reins with Halting Digital Assets’ Rule Making

    Regulatory proposal regarding digital assets has been frozen by President Joe Biden. Biden took h...

    President Biden Takes the Reins with Halting Digital Assets’ Rule Making Explore More

    News

    UAE central bank alerts about fraud attempts related to Coronavirus epidemic

    Bank customers are warned of potential fraud by the UAE Central Bank. According to the bank, “Fra...

    UAE central bank alerts about fraud attempts related to Coronavirus epidemic Explore More

    News

    Swiss Govt. to Amend Banking Act for Press Freedom in Finance Sector

    The Swiss Government has signaled to amend the banking act for press freedom in the finance secto...

    Swiss Govt. to Amend Banking Act for Press Freedom in Finance Sector Explore More

    News

    European Union to Propose Amendments in AML Package for Corporate Transparency

    The European Parliament has proposed a series of amendments to the Anti Money Laundering (AML) pa...

    European Union to Propose Amendments in AML Package for Corporate Transparency Explore More

    News

    Australian Regulators Oblige Businesses to Report Suspicious Transactions

    The Australian regulatory authorities ordered digital businesses to report cyberattacks and suspi...

    Australian Regulators Oblige Businesses to Report Suspicious Transactions Explore More

    News

    SEC Charges $79 Million Penalties on Broker Companies for Deficiencies in Recordkeeping

    The Security and Exchange Commission (SEC) has imposed $79 million worth of penalties on brokerag...

    SEC Charges $79 Million Penalties on Broker Companies for Deficiencies in Recordkeeping Explore More

    News

    UK to Apply Digital Identity Verification Across Government Services

    Michael Gove, Cabinet Office Minister has written to Whitehall departments about obligating the u...

    UK to Apply Digital Identity Verification Across Government Services 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

    SEC Orders Finance, Lending Companies to Submit AML Plans by 21 June

    Philippine’s SEC has ordered all financing and lending companies to submit their plans for the im...

    SEC Orders Finance, Lending Companies to Submit AML Plans by 21 June Explore More

    News

    EU, UK and US Blame Russia for Cyberattacks on Internet Service Providers

    Accusations were imposed on Russia due to the recent disastrous cyberattacks on the European sate...

    EU, UK and US Blame Russia for Cyberattacks on Internet Service Providers Explore More

    News

    China’s Top Leaders Indicate the Further Tightening of Financial Regulations

    Chinese leaders have indicated that the country will move to further strengthening of financial r...

    China’s Top Leaders Indicate the Further Tightening of Financial Regulations Explore More

    News

    SFMS Reports Blocking Russian Crypto Exchanges

    Ukraine’s financial monitoring agency has restricted access to several online crypto exchan...

    SFMS Reports Blocking Russian Crypto Exchanges Explore More

    News

    FinCEN Hires First-Ever Chief Digital Currency Advisor to Curb Crypto Crime

    To eliminate the misuse of cryptocurrencies, Michele Korver has been appointed by FinCEN as the C...

    FinCEN Hires First-Ever Chief Digital Currency Advisor to Curb Crypto Crime Explore More

    News

    Latvia Struggles with Flow of Illicit Money Despite Regulatory Crackdown

    Latvia continues to face illicit financial flow despite the regulatory crackdown that shut down t...

    Latvia Struggles with Flow of Illicit Money Despite Regulatory Crackdown 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

    Australia, Singapore, Malaysia, and RSA Team Up for CBDC Trials

    Central banking entities of Singapore, Australia, Malaysia, and South Africa agree on a mutual ag...

    Australia, Singapore, Malaysia, and RSA Team Up for CBDC Trials Explore More

    News

    UK Treasury Committee Launches Inquiry into the Role of Crypto Assets and the Associated Risks

    The Treasury Committee of the UK’s House of Commons has urged the public to submit their take and...

    UK Treasury Committee Launches Inquiry into the Role of Crypto Assets and the Associated Risks Explore More

    News

    “Illicit Actors are Turning to E-commerce as a Money Laundering Tool” UAE Central Bank Discloses

    The United Arab Emirates central bank sees increased risks of illicit financial flows emerging fr...

    “Illicit Actors are Turning to E-commerce as a Money Laundering Tool” UAE Central Bank Discloses Explore More

    News

    Nigerian Central Bank Announces Latest Guidelines to Combat Money Laundering

    The Central Bank of Nigeria ordered all customers to link their Bank Verification Number (BVN) an...

    Nigerian Central Bank Announces Latest Guidelines to Combat Money Laundering Explore More

    News

    Swedish Bank SEB Accused of Money Laundering

    Investigations done by the news agency TT and broadcaster SVT revealed that 25 SEB clients record...

    Swedish Bank SEB Accused of Money Laundering Explore More

    News

    Mishcon de Reya fined £232,500 for AML Failures

    London’s leading firm, Mishcon De Reya has been fined EUR 232,500 over failing Anti-Money Launder...

    Mishcon de Reya fined £232,500  for AML Failures Explore More

    News

    Ransomware attack targets Victoria Beckham’s personal data

    Maze, the Ransomware gang strikes again. It seems that the victim this time is a US-based indepen...

    Ransomware attack targets Victoria Beckham’s personal data Explore More

    News

    United Kingdom watchdog puts pressure on Deutsche bank

    According to the Financial Times, the United Kingdom financial regulator has censured the Deutsch...

    United Kingdom watchdog puts pressure on Deutsche bank Explore More

    News

    UAE Central Bank Imposes Financial Sanctions on Six Banks for CDD Failures

    Six banks in the UAE have been issued financial sanctions by the UAE Central Bank for not complyi...

    UAE Central Bank Imposes Financial Sanctions on Six Banks for CDD Failures Explore More

    News

    Businesses at Risk Due to 6AMLD by the European Union

    The European Union imposed the fifth anti-money laundering directive in January 2020, which enhan...

    Businesses at Risk Due to 6AMLD by the European Union Explore More

    News

    Money Laundering Watchdog Fines HSBC for AML Violations

    HSBC Malta has been fined €82,000 by Financial Intelligence Analysis Unit (FIAU) for AML violatio...

    Money Laundering Watchdog Fines HSBC for AML Violations Explore More

    News

    Ransomware Attack Exposes 5.8 Million Pharmaceutical Records of PharMerica Corporation

    A breach notification was filed with the Maine Attorney General’s Office for the first time, reve...

    Ransomware Attack Exposes 5.8 Million Pharmaceutical Records of PharMerica Corporation Explore More

    News

    Europol & Budapest Police Arrest Criminal Group for Laundering EUR 44 Million

    The Budapest Metropolitan Police along with Europol have arrested a criminal group involved in mo...

    Europol & Budapest Police Arrest Criminal Group for Laundering EUR 44 Million 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

    New RBI Guideline: Must Perform Due Diligence for Crypto Transactions

    In the latest banking news in India, notable banks were found to have cautioned their customers a...

    New RBI Guideline: Must Perform Due Diligence for Crypto Transactions Explore More

    News

    Homeland Security Takes Back Its Plans of Facial Recognition for US Citizens

    The Department of Homeland Security (DHS) is taking back its decision to implement a policy that ...

    Homeland Security Takes Back Its Plans of Facial Recognition for US Citizens 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

    New Jersey Hospital System Hit By a Ransomware Attack

    One of the largest hospital systems of New Jersey has reported that it was hit by a ransomware at...

    New Jersey Hospital System Hit By a Ransomware Attack Explore More

    News

    BANGKO SENTRAL ng Pilipinas (BSP) Cancels Licences of Two Firms

    THE BANGKO SENTRAL ng Pilipinas (BSP) has cancelled two virtual asset service provider (VASP) fir...

    BANGKO SENTRAL ng Pilipinas (BSP) Cancels Licences of Two Firms Explore More

    News

    FATF Updates on South Africa’s AML Compliance Progress

    A report on South Africa’s progress in implementing AML procedures to prevent money launder...

    FATF Updates on South Africa’s AML Compliance Progress 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

    Money Laundering Becomes Another Cause of Poverty, Says UN

    According to the latest UN’s report, over 10% of the world’s wealth could be hidden in overseas b...

    Money Laundering Becomes Another Cause of Poverty, Says UN Explore More

    News

    Estonia’s New AML/CFT Regulatory Regime Sparks 80% Downfall in Licensed Crypto Firms

    Since May 2023, Estonia’s updated crypto AML/CFT regulations have resulted in an 80% reduction in...

    Estonia’s New AML/CFT Regulatory Regime Sparks 80% Downfall in Licensed Crypto Firms Explore More

    News

    UBS to Restrict Credit Suisse Bankers After Takeover

    The bankers of Credit Suisse (CSGN.S) will be subjected to tighter regulations introduced by UBS ...

    UBS to Restrict Credit Suisse Bankers After Takeover Explore More

    News

    Delta county bank president guilty of bank fraud

    SHERMAN Texas – According to U.S. Attorney Stephen J. Cox, A 57-year-old former bank presid...

    Delta county bank president guilty of bank fraud Explore More

    News

    TSB Fined $3.5M on Account of Four AML Breaches

    New Zealand’s High Court has fined Trustee Savings Bank (TSB) Ltd NZD 3.5 million following the b...

    TSB Fined $3.5M on Account of Four AML Breaches Explore More

    News

    Banks Warned about Cryptocurrency Risk Exposure by FinCEN Director

    During a virtual anti-money laundering conference by ACAMS in Las Vegas earlier this week, FinCEN...

    Banks Warned about Cryptocurrency Risk Exposure by FinCEN Director Explore More

    News

    $8.6 Million Worth of Syrian Sanctions Settled by a French Bank

    A French bank, Union de Banques Arabes et Françaises has paid the 8.6 million USD for violating o...

    $8.6 Million Worth of Syrian Sanctions Settled by a French Bank Explore More

    News

    PBOC Issues New Financial Rules to Curb Money Laundering Risks

    The People’s Bank of China (PBOC), The China Banking and Insurance Regulatory Commission, a...

    PBOC Issues New Financial Rules to Curb Money Laundering Risks Explore More

    News

    Action Fraud alerts shoppers about COVID-19 scams

    Retail stores and other non-essential shops are recommencing across the United Kingdom, but many ...

    Action Fraud alerts shoppers about COVID-19 scams Explore More

    News

    Nigeria, Myanmar, and Türkiye Take Effective Steps to Meet FATF Recommendations

    Myanmar, Nigeria, and Türkiye are implementing effective measures to level up anti-money launderi...

    Nigeria, Myanmar, and  Türkiye Take Effective Steps to Meet FATF Recommendations 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

    The Naivas Data Breach | A Wake-Up Call for Firms to Follow Privacy Laws

    Naivas, one of Kenya’s largest supermarkets, recently suffered a data breach, highlighting ...

    The Naivas Data Breach | A Wake-Up Call for Firms to Follow Privacy Laws Explore More

    News

    Ransomware attacks rise as criminals target remote working

    Ransomware attacks are getting bigger and bolder at a time where many organisations are implement...

    Ransomware attacks rise as criminals target remote working 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

    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

    SRA, India’s FIU, and the ACMA Issue Non-Compliance Fines Exceeding $2 Million

    The Solicitors Regulation Authority [SRA], India’s Financial Intelligence Unit [FIU], and t...

    SRA, India’s FIU, and the ACMA Issue Non-Compliance Fines Exceeding $2 Million Explore More

    News

    The US publishes a list of North Korea’s supposed Crypto crimes

    The US government, on Wednesday, outlined an aggressive set of countermeasures it said could hamp...

    The US publishes a list of North Korea’s supposed Crypto crimes Explore More

    News

    US Imposes Sanctions on Russian-backed Iranian Oil Smuggling & Money Laundering Network

    The US has imposed sanctions on a Russian-backed oil smuggling and money laundering network for I...

    US Imposes Sanctions on Russian-backed Iranian Oil Smuggling & Money Laundering Network Explore More

    News

    Hong Kong Provides Guidance to Fight Financial Crimes Emerging from COVID-19

    The Monetary Authority in Hong Kong (HKMA) has issued new guidelines for the banks on merging ext...

    Hong Kong Provides Guidance to Fight Financial Crimes Emerging from COVID-19 Explore More

    News

    US Senators Urge CISA to Incorporate Rules for Ransomware Reporting

    US senators have urged the CISA to enforce new ransomware reporting rules amid a sharp increase i...

    US Senators Urge CISA to Incorporate Rules for Ransomware Reporting Explore More

    News

    Kenya Takes First Step to Regulate Virtual Asset Market

    The Kenyan government is all set to take the first step to regulate a vast $20 Billion crypto mar...

    Kenya Takes First Step to Regulate Virtual Asset Market Explore More

    News

    Swedbank Estonia Reports High-Risk Client for Laundering $2 Billion

    Swedbank Estonia labeled one of its clients a “high-risk” company due to suspicious transactions ...

    Swedbank Estonia Reports High-Risk Client for Laundering $2 Billion Explore More

    News

    UAE talks about developments in combatting the financing of terrorism

    The NAMLCFTC inaugurated its second discussion on March 4 2021 and approved countermeasures that ...

    UAE talks about developments in combatting the financing of terrorism Explore More

    News

    Taiwan and Singapore Strengthen AML Regulations for Virtual Asset Providers and Banks

    Taiwan and Singapore enhance Anti-Money Laundering (AML) regulations for virtual asset service pr...

    Taiwan and Singapore Strengthen AML Regulations for Virtual Asset Providers and Banks Explore More

    News

    Cambridge University Hospital Breach Exposes Data of Cancer and Pregnancy Patients

    The Cambridge University Hospital admitted they mistakenly leaked over 22,000 pregnant women and ...

    Cambridge University Hospital Breach Exposes Data of Cancer and Pregnancy Patients Explore More

    News

    Singapore Authorities Investigates Bank’s Role in $1.8B Money Laundering Case

    Singapore’s central bank started an investigation against banks involved in a $1.8b global wealth...

    Singapore Authorities Investigates Bank’s Role in $1.8B Money Laundering Case Explore More

    News

    FATF Issues New Guidance on Mitigating Proliferation Financing Risk

    The new guidance puts a spotlight on the need for effective onboarding processes, ongoing monitor...

    FATF Issues New Guidance on Mitigating Proliferation Financing Risk Explore More

    News

    China Announces New Office To Combat Money Laundering

    An office devoted to combating money laundering and ensuring financial institutes comply with Ant...

    China Announces New Office To Combat Money Laundering Explore More

    News

    FINMA Allows Chip Scanning and Geolocation for Digital Customer Onboarding

    The FINMA now enables the scanning of microchips inserted in biometric ID documents as an element...

    FINMA Allows Chip Scanning and Geolocation for Digital Customer Onboarding Explore More

    News

    Banks take measures to serve customers amid COVID-19

    The banking industry is stepping up to serve customers as well as their employees as the Coronavi...

    Banks take measures to serve customers amid COVID-19 Explore More

    News

    FSRA to Take Action Over the MGA’s Training Practices

    The Financial Services Regulatory Authority of Ontario (FSRA) has notified that it’s going to tak...

    FSRA to Take Action Over the MGA’s Training Practices Explore More

    News

    AGA Issues Updated AML Compliance Guidelines for the Gaming Industry

    American Gaming Association (AGA) launches the third edition of the Best Practices of AML Complia...

    AGA Issues Updated AML Compliance Guidelines for the Gaming Industry Explore More

    News

    Singapore to Strengthen Security Measures Against Phishing Scams

    Singapore is taking steps to introduce additional security measures to detect suspicious transact...

    Singapore to Strengthen Security Measures Against Phishing Scams Explore More

    News

    UK’s AML Regulations for Art Market Excludes Art Creators

    The UK to implement new Anti-Money Laundering regulation to cover the art market from 10th June 2...

    UK’s AML Regulations for Art Market Excludes Art Creators Explore More

    News

    China Postpones New AML Rules Amid Privacy Concerns and Pushbacks

    China has delayed the introduction of new rules for due diligence as financial institutions requi...

    China Postpones New AML Rules Amid Privacy Concerns and Pushbacks Explore More

    News

    North Korean Hackers Attempt to Launder ETH Worth $27M from Harmony Bridge Attack

    North Korean hackers behind the Harmony Bridge attack continue to attempt to launder crypto funds...

    North Korean Hackers Attempt to Launder ETH Worth $27M from Harmony Bridge Attack 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