Former UAW Official Pleads Guilty to Fraud and Money Laundering
The United Auto Workers (UAW) union have been in the news a lot lately due to their protests and negotiations with General Motors. Earlier this month, UAW was featured in…
The EU’s Fight Against Financial Crime
In the past couple years, the European Union has experienced the fallout from multiple scandals relating to money laundering and corruption. In September 2018, a report was released that identified…
British Based Gambling Firm Fined £5.9m
Ladbrokes Coral, a British based gambling firm, has been fined £5.9m for a three-year lapse in which they did not follow anti-money laundering measures and did not protect customers. GVC…
Individual Ordered to Pay $9 Million or Face 10 Years in Jail After Being Convicted of Money Laundering
Ellias Preko, a former Goldman Sachs investment banker, was served a confiscation order by the National Crime Agency (NCA) of the United Kingdom. Preko must pay 7.3 million pounds or…
London Money Transmitter Fined Record £7.8 million for Failing to Adhere to Money Laundering Regulations
Her Majesty’s Revenue and Customs(HMRC), a department of the United Kingdom responsible for regulatory regimes, has fined Touma Foreign Exchange Ltd almost ten million dollars for breaching money laundering regulations.…
“The Future Is Now!” at the latest AML ACAMS Conference in Las Vegas
The Annual Anti-Money Laundering and Financial Crime Conference hosted by the Association of Certified Anti-money Laundering Specialists (ACAMS) will begin in late September 2019. Truth Technologies has been attending this…
“The Biggest Financial Fraud Trial” in Germany’s Postwar History
German media have dubbed it "the biggest financial fraud trial" in Germany since WWII. Two British citizens are accused of using cum-ex transactions to defraud the German government out of…
HSBC Agrees to Pay $336 million Settlement for Tax Fraud Case
HSBC has agreed to pay $336 million to settle a tax fraud dispute in Belgium after prosecutors alleged that HSBC committed tax fraud, forgery, money-laundering, and other illegal activities. In…
Truth Technologies at age 23.
Truth Technologies was incorporated in 1996, 23 years ago. It was in many ways a trailblazer: It was an AML compliance solution based on a vision of future KYC regulations…
Noah’s Ark Communities to Provide Residential Living
Noah’s Ark Communities to Provide Residential Living for Adults with Disabilities, focused on Autism Naples, Florida, 03 May, 2019: Truth Technologies supports Noah’s Ark Communities a 501(c)(3) charitable organization providing…
