Fraud Intelligence

The former Premier of the Turks & Caicos Islands and two co-defendants have been found guilty on a string of corruption charges, bringing a decade-long case to a close.

Deepfake-enabled fraud using images generated by artificial intelligence (AI) is now a "default business model", according to the latest report from the AI Incident Database (AIID), a US-based information resource.

World leaders are failing to act against corruption according to the findings of Transparency International's latest Corruption Perceptions Index (CPI). The annual CPI survey scores 182 countries around the world by perceived levels of public sector corruption on a scale from 0 (highly corrupt) to 100 (very clean).

Allegations of criminality during an international arbitration may be either real or tactical, so there are arguments both for lowering and raising the bar for proving such claims. Dr Vlad Meerovich of Peters & Peters discusses the challenges and a new best-practice guide for arbitral tribunals handling corruption allegations.

The US Treasury's Financial Crimes Enforcement Network (FinCEN) has created a new dedicated whistleblower webpage for confidential tip-offs about fraud, money laundering, and sanctions violations.

As a proliferation of threat actors promote their illicit services on the dark web, government agencies and security experts are warning that cyber-attacks, extortion and other types of digital fraud are becoming easier to facilitate without..