Leveraging Knowledge to Manage Your Data Risks
It is tempting to get into the world of cryptocurrency investments. News items of early investors banking millions of dollars fuel the temptation.
But it is an investment strategy that is fraught with fraud, so investors beware.
According to the Federal Trade Commission (FTC), from the beginning of 2021 to the present day, more than…
It’s very hard to keep up with digital and crypto lingo. But if you are dabbling in crypto, you need to know about rug pulls. What is a rug pull you ask? According to blogger Migi Delfin, “A rug pull is a fraud scheme that tricks people into investing money in a fraudulent product. In…
The Financial Crimes Enforcement Network (FinCEN) is the U.S. Treasury Department bureau charged with monitoring financial transactions in order to combat domestic and international money laundering, terrorist financing, and other financial crimes.
Under FinCEN’s Bank Secrecy Act/Anti-Money Laundering regulations, money transmitters and other money service businesses are required to develop anti-money laundering/countering the financing of…
