Read More about fast-id page

Shufti globally launches webinr-icon - a new kind of identity solution!

Shufti globally launches - a new kind of identity solution!

Read more

Rapstar Captured for His Role in Wire Fraud Scheme

rapstar

A famous rapper from Chicago with his crew members was caught and charged in court for using the stolen credit cards and stolen identity cards to pay for their lavish means, designer clothes, puppies, and a private jet for the last four years.

Herbert Wright III, most commonly known as G Herbo, has been charged with wire fraud and identity theft in the US District Court, Massachusetts. Along with G Herbo, his crew members Joseph Williams, Steven Hayes Jr., Demario Sorrells, and Terrence Bender were also charged with identity theft charges. 

This conspiracy started when Wright along with his co-defendants illegally took credit card information from the dark web. They are also suspected to have used fake identity cards, driver’s licenses, emails ID to fool the businesses.

The indictment said, “Generally because the defendants and their co-conspirators provided authentic payment card information, the defrauded businesses and individuals successfully processed their transactions and provided the goods and services.”  

In a case, Wright allegedly requested from Strong to reserve a private mansion in Jamaica. Allegedly, Strong made a reservation using a stolen credit card.

Several other fraudulent attempts have been highlighted by the indictment. They are known to rent Maybach S600 and a Bentley from stolen money. 

G Herbo, grew up in South Side Chicago and helped to lead Chicago’s drill music to international recognition. His music is plauded for the harsh realities he had to face growing up. The rapper was charged with weapons and battery charges before. The thing he made the headlines was for his community work in the South Side of Chicago by hosting food drives and giveaways. 

Related Posts

News

AMLC Freezes Assets of 16 Groups Labeled as Terrorist Organizations

The Anti-Money Laundering Council in the Philippines has frozen the accounts of 16 organizations ...

AMLC Freezes Assets of 16 Groups Labeled as Terrorist Organizations Explore More

News

30 Swiss Banks Failed Money Laundering Regulatory Analysis Test

The Swiss financial regulatory authorities overviewed the security of the banking sector and noti...

30 Swiss Banks Failed Money Laundering Regulatory Analysis Test Explore More

News

China’s securities watchdog commits to clean up financial markets

SHANGHAI – China’s security watchdog vowed a number of measures to clean up its financial m...

China’s securities watchdog commits to clean up financial markets 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 Government Aims to Recover £1 Billion Lost Funds Over the Next Decade

The UK Government has put technology as the front and centre force to fight crimes and reinforce ...

UK Government Aims to Recover £1 Billion Lost Funds Over the Next Decade Explore More

News

FinCEN Proposes the Designation of Eligible Customers as Exempt Person

As a part of the Paperwork Reduction Act of 1995, the Financial Crime Enforcement Network (FinCEN...

FinCEN Proposes the Designation of Eligible Customers as Exempt Person Explore More

News

FinCEN to Expand GTOs on All-cash Real Estate Purchases to Stop Money Laundering

The Financial Crimes Enforcement Network (FinCEN) has announced the expansion of its GTOs. The ne...

FinCEN to Expand GTOs on All-cash Real Estate Purchases to Stop Money Laundering Explore More

News

FATF issues new guidance on Digital Identity systems

A guidance paper has been issued by the Financial Action Task Force (FATF) to assist governments,...

FATF issues new guidance on Digital Identity systems Explore More

News

AFM Fines Robeco ​​€2 Million for AML Compliance Failure

The Netherlands’ financial regulator AFM has fined Robeco €2 million for failing to implement ade...

AFM Fines Robeco ​​€2 Million for AML Compliance Failure Explore More

News

New European Legislative Proposals to Transform the Digital Platforms

A new act is proposed by the European Commission to enhance digital spaces. A new set of rules ha...

New European Legislative Proposals to Transform the Digital Platforms Explore More

News

Amended Secrecy Law to Help Philippines Exit the Grey-List

The Philippines has proposed amendments to the Banking Secrecy Law to regulate financial accounts...

Amended Secrecy Law to Help Philippines Exit the Grey-List Explore More

News

Japan’s FSA Deems Crypto Dealers Necessary for Ongoing AML Efforts

Japan’s federal regulatory authority FSA lays ground for anti money laundering requirements for c...

Japan’s FSA Deems Crypto Dealers Necessary for Ongoing AML Efforts Explore More

News

NAB Chief Urges Government to Reconsider Fines for Large Data Breaches

The Chief of NAB Ross McEwan has urged the government that penalties for data breaches charged as...

NAB Chief Urges Government to Reconsider Fines for Large Data Breaches Explore More

News

$2 Shell company laundered hundreds of millions at Crown Casino Perth

International organizations are believed to be using Crown Perth to launder hundreds through $2 s...

$2 Shell company laundered hundreds of millions at Crown Casino Perth Explore More

News

Singapore Police Warn Citizens of Prevailing SMS Phishing Scams

The Singapore Police Force has warned citizens about SMS fraud targeting people with similar send...

Singapore Police Warn Citizens of Prevailing SMS Phishing Scams Explore More

News

National Westminster Bank Pleads Guilty to AML Breaches

NatWest has stated that it violated multiple anti-money laundering regulations that required the ...

National Westminster Bank Pleads Guilty to AML Breaches Explore More

News

Amazon patents block chain-based product authenticator

The U.S. Patent and Trademark Office approved Amazon’s three-year-old “Distributed ledger certifi...

Amazon patents block chain-based product authenticator Explore More

News

Blue Star Planet to Pay £620,000 for AML Failures Uncovered by Gambling Commission

Blue Star Planet which was trading as 10Bet to pay £620,000 ($746,716) after it was found guilty ...

Blue Star Planet to Pay £620,000 for AML Failures Uncovered by Gambling Commission Explore More

News

Are Educational Institutes Becoming the Next Target for Money Laundering?

According to an investigation by The Times, higher-educational institutes have been unintentional...

Are Educational Institutes Becoming the Next Target for Money Laundering? Explore More

News

South Korea to Penalize the Non-Compliant Crypto Companies

Financial watchdogs in South Korea have announced regulations to prevent financial crimes in the ...

South Korea to Penalize the Non-Compliant Crypto Companies 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

Chinese Bank trials the test interface for PBoC’s Digital Currency

One of China’s largest state-owned banks, the Agricultural Bank of China (ABC) is testing a new i...

Chinese Bank trials the test interface for PBoC’s Digital Currency Explore More

News

Property Brokers in New Zealand Given Official Warning over AML/CFT Compliance

An eighty-branch real estate agency in New Zealand, Property Brokers, has received their first fo...

Property Brokers in New Zealand Given Official Warning over AML/CFT Compliance Explore More

News

GIABA Points Out Gaps in Nigeria’s AML/CFT Framework

The GIABA report revealed loopholes in the Nigerian AML/CFT framework and called Nigerian law enf...

GIABA Points Out  Gaps in Nigeria’s AML/CFT Framework Explore More

News

Investment Bank Fined by FCA for Failing with Due Diligence Requirements

An Investment Bank in London, Sapien Captial, has been penalised by the financial regulator, Fina...

Investment Bank Fined by FCA for Failing with Due Diligence Requirements Explore More

News

Face Detection Tool to Fight Bots Under Trial by Facebook

Facebook is currently battling a $35 billion class-action lawsuit for alleged misuse of facial re...

Face Detection Tool to Fight Bots Under Trial by Facebook 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

Cambodia and Thailand Police Forces Unite Against Money Laundering and Terrorist Financing

The Cambodian and Thailand National Police officers partner to bolster their strength against mon...

Cambodia and Thailand Police Forces Unite Against Money Laundering and Terrorist Financing Explore More

News

Swiss Prosecutors Open Probe Against “Suisse Secrets” Whistleblower

The Swiss Prosecutors have launched an investigation, not after the bank but against the Suisse S...

Swiss Prosecutors Open Probe Against “Suisse Secrets” Whistleblower 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 Authorities Accuse Attorneys of Failure in Combating Financial Crimes

The UK regulatory authorities asserted that new data revealed prosecutors inadequately comply wit...

UK Authorities Accuse Attorneys of Failure in Combating Financial Crimes Explore More

News

Ireland Campaigns to make Dublin the EU AML Authority Headquarter

A team was established in the Department of Finance by the Irish government to campaign for Dubli...

Ireland Campaigns to make Dublin the EU AML Authority Headquarter Explore More

News

FATF to Blacklist Myanmar Over Money Laundering Concerns

Myanmar faces a blacklisting threat by a FATF because of AML compliance failure and weak regulati...

FATF to Blacklist Myanmar Over Money Laundering Concerns Explore More

News

BPI Crackdowns on Money Mules to Secure Financial Institutions

The Bank of Philippine Islands (BPI) was flagged on Wednesday as it was suspected to be involved ...

BPI Crackdowns on Money Mules to Secure Financial Institutions Explore More

News

FinCEN Alerts FIs of Sanction Evasion by Russian Entities Implicated in U.S. Commercial Property Investments

FinCEN alerted all the Financial Institutions warning about the risk of investment from sanctione...

FinCEN Alerts FIs of Sanction Evasion by Russian Entities Implicated in U.S. Commercial Property Investments Explore More

News

The Age Verification Software Market to Experience Tremendous Growth by 2025

The increasing number of scams in today’s virtual world needs a better verification system. Prote...

The Age Verification Software Market to Experience Tremendous Growth by 2025 Explore More

News

NFTs Seek to Implement KYC/AML Standards as Money Laundering Rises

NFTs (Non-Fungible Tokens) are certainly becoming popular in the crypto industry. However, they d...

NFTs Seek to Implement KYC/AML Standards as Money Laundering Rises Explore More

News

EBA Report Uncovers Risks of Money Laundering & Terrorist Financing Associated With Payment Institutions

The European Banking Authority (EBA) published findings on money laundering and terrorism financi...

EBA Report Uncovers Risks of Money Laundering & Terrorist Financing Associated With Payment Institutions Explore More

News

FCA Issues Warning About 100+ Unregistered Crypto-asset Firms

111 unregistered crypto-asset firms are operating from the UK. FCA warns consumers, banks, and pa...

FCA Issues Warning About 100+ Unregistered Crypto-asset Firms Explore More

News

New Zealand to Introduce Digital IDs to Foster Trust in Online Transactions

New Zealand is working towards a national law that would bring consistency to the country’s effor...

New Zealand to Introduce Digital IDs to Foster Trust in Online Transactions Explore More

News

Optus Data Breach Leaves Millions of Australians at Risk of Identity Theft

The APF is investigating Optus’s data breach that involves millions of customers’ per...

Optus Data Breach Leaves Millions of Australians at Risk of Identity Theft Explore More

News

Tether Executives to Face DOJ Bank Fraud Probe

Since its inception in 2014, Tether has become the third-largest cryptocurrency platform in the w...

Tether Executives to Face DOJ Bank Fraud Probe Explore More

News

US Firm Fined with Half a Million Dollars for Violating US Sanctions

A crypto firm, BitPay will now have to pay a fine of half a million dollars to the U.S Treasury’s...

US Firm Fined with Half a Million Dollars for Violating US Sanctions Explore More

News

Denmark’s Gambling Authority Issues Reminder for AML Duties

All licensed businesses are reminded to report suspicious transactions that may be indicative of ...

Denmark’s Gambling Authority Issues Reminder for AML Duties Explore More

News

International CBI Sharpen Focus on Due Diligence Procedures in Light of Global Risks

Discussion by renowned experts of major due diligence agencies in the PWM virtual panel highlight...

International CBI Sharpen Focus on Due Diligence Procedures in Light of Global Risks Explore More

News

The Biggest Software Company in the US under Ransomware Attack on Election Night

Tyler Technologies in Plano, Texas, was under a ransomware attack last week. The company sells so...

The Biggest Software Company in the US under Ransomware Attack on Election Night Explore More

News

FCA Hints Why only 15% of Crypto Firms Received Regulatory Approval

The UK financial watchdog has approved only 41 registration applications of crypto firms out of 3...

FCA Hints Why only 15% of Crypto Firms Received Regulatory Approval Explore More

News

EBA revised its guidelines on ML/FT risk factors

The European Banking Authority (EBA) issued revised money laundering and terrorist funding (ML/TF...

EBA revised its guidelines on ML/FT risk factors Explore More

News

MEPs Disclose Plans To Crack Down On Money Laundering – AMLA Reports

The civil liberties and economic affairs committees discussed the plan to establish an EU Authori...

MEPs Disclose Plans To Crack Down On Money Laundering – AMLA Reports Explore More

News

Japanese financial watchdog frowns on gambling dapps

Regulators in Japan may be more likely to accept new digital currencies for trading if they have ...

Japanese financial watchdog frowns on gambling dapps Explore More

News

China Raises Penalty, Broadens Scope of AML Laws

The People’s Bank of China (PBOC) has published a revised draft for the country’s AML law which e...

China Raises Penalty, Broadens Scope of AML Laws Explore More

News

Court Filing Reveals that Hundreds of Roblox users Are Laundering Money Using In-Game Currency

Roblox, one of the popular video game platforms having over 58 million users, is being used to la...

Court Filing Reveals that Hundreds of Roblox users Are Laundering Money Using In-Game Currency Explore More

News

Deutsche Bank AG Settles Money Laundering Probe Worth $7.1 Million

Deutsche Bank AG settled a money laundering case of $7.1 million over the probe by Frankfurt pros...

Deutsche Bank AG Settles Money Laundering Probe Worth $7.1 Million Explore More

News

Chinese Authorities Bust 93 for Crypto Money Laundering Worth RMB 40 Billion

Chinese Authorities in the Hunan province have busted a criminal ring of 92 individuals for alleg...

Chinese Authorities Bust 93 for Crypto Money Laundering Worth RMB 40 Billion Explore More

News

Europol Warns Trade-Based Money Laundering Poses Substantial Threat to Financial Institutions

Financial institutions faced trade-based money laundering as a new threat since the digitalisatio...

Europol Warns Trade-Based Money Laundering Poses Substantial Threat to Financial Institutions Explore More

News

UK Gambling Commission Charges Kindred Brand $8.7M over AML Shortcomings

The UK Gambling Commission has charged the Kindred Group with a hefty £4.19-million (US$5.15 mill...

UK Gambling Commission Charges Kindred Brand $8.7M over AML Shortcomings Explore More

News

AUSTRAC Throws in Hands in their Fight Against Money Laundering through Casino Junk Operators

Australian regulatory bodies to fight financial crimes have known for quite a time that casino ju...

AUSTRAC Throws in Hands in their Fight Against Money Laundering through Casino Junk Operators Explore More

News

Pacific Financial Intelligence Unit Collaborates to Combat Money Laundering

The Financial Intelligence Unit of the Pacific region arranged the meeting last week to enhance t...

Pacific Financial Intelligence Unit Collaborates to Combat Money Laundering Explore More

News

Cambodia Seeks Exit from FATF Grey List in Early 2023

Cambodia has finally invited the Financial Action Task Force (FATF) to evaluate its progress in f...

Cambodia Seeks Exit from FATF Grey List in Early 2023 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

Tether Executives to Face DOJ Bank Fraud Probe

Since its inception in 2014, Tether has become the third-largest cryptocurrency platform in the w...

Tether Executives to Face DOJ Bank Fraud Probe Explore More

News

Qatar Takes Steps to Strengthen its AML/CFT and Sanctions Compliance

A webinar organised by ICC Qatar emphasised the efforts of Qatar to strengthen its AML/CFT and sa...

Qatar Takes Steps to Strengthen its AML/CFT and Sanctions Compliance Explore More

News

South Africa links fintech startups with financial regulators

South Africa’s financial regulators have initiated the Inter-governmental Fintech Working Group (...

South Africa links fintech startups with financial regulators Explore More

News

MAS Imposed a Fine of $375,000 on UOB Kay Hian For Business Conduct Compliance Failures

The Monetary Authority of Singapore (MAS) imposed a fine of S$375,000 on UOB Kay Hian, a brokerag...

MAS Imposed a Fine of $375,000 on UOB Kay Hian For Business Conduct Compliance Failures Explore More

News

FATF International Cooperation Review Group Meet in Mauritius to Discuss UAE’s Position on the Gray List

Despite ongoing financial crime, the US and several other Western countries have paid no heed to ...

FATF International Cooperation Review Group Meet in Mauritius to Discuss UAE’s Position on the Gray List Explore More

News

Ex-Microsoft engineer accused of digital currency scam

Ukrainian citizen, Volodymyr Kvashuk, has been accused of six counts of money laundering, five of...

Ex-Microsoft engineer accused of digital currency scam Explore More

News

Anti-Fraud Experts Advise the CBN to Reconsider its Decision to Ban Crypto

One year after the Central Bank Nigeria (CBN), imposed a ban on digital currencies, anti-fraud ex...

Anti-Fraud Experts Advise the CBN to Reconsider its Decision to Ban Crypto 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

News

NGO Coalition Files a Complaint Against French Banks for Money Laundering Linked to Amazon Deforestation

The Non-Governmental Organisations (NGOs) have filed complaints against French banks BNP Paribas,...

NGO Coalition Files a Complaint Against French Banks for Money Laundering Linked to Amazon Deforestation Explore More

News

Central Bank of Nigeria (CBN) Raises Concerns Over KYC and AML Protocols

The Central Bank of Nigeria (CBN) has intensified pressure on financial institutions (FIs) to imp...

Central Bank of Nigeria (CBN) Raises Concerns Over KYC and AML Protocols Explore More

News

Increasing Incidents of Fraud Becoming a Threat to UK’s National Security: UK Finance

Automated systems prevented approximately 736 million pounds ($1 billion) from being stolen throu...

Increasing Incidents of Fraud Becoming a Threat to UK’s National Security: UK Finance Explore More

News

Germany and Austria to Adopt Digital KYC for Customer Onboarding

Banks and financial institutions are always searching for ways to impress the customers and the d...

Germany and Austria to Adopt Digital KYC for Customer Onboarding 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