A July 2026 federal indictment alleged that approximately 45 shell companies and 140 bank accounts were used to launder at least $43 million in investment fraud proceeds. The case shows why AML teams may need to compare people and identifiers across multiple business records, not review each entity alone.
KYC and AML screening for new customers can help you build a safer onboarding flow in 2026. Customer onboarding has always been a balancing act. Move too fast, and you invite fraud. Add too much friction, and legitimate customers abandon the process. That tension isn’t going to disappear in the new year, but the tools […]
In the trading world, timing is everything. A single second can mean the difference between a profitable trade and a missed opportunity. Prices move constantly, market conditions can change in a flash, and breaking news can send assets surging or plummeting in moments. For a trader, this means your strategy must not only be sharp […]
In the movie “My Blue Heaven” (1990), Barney Coopersmith, an FBI agent played by Rick Moranis, asks Vincent Antonelli, a mobster played by Steve Martin, what his Social Security number (SSN) is. Vincent responds slowly, providing the following numbers: 215-69-82125. Barney tells him that he gave one number too many, and Vincent says: “Take off […]
