Tax Evasion and Cryptocurrency: How Criminals Are Dodging the IRS

by Thomas Alber | Oct 4, 2024 | Banking, For the Public, latest-news

The rise of cryptocurrency has presented both opportunities and challenges to financial markets globally. As these digital assets have gained mainstream adoption, they have also become a tool for criminal enterprises and tax evaders seeking to avoid financial...

Crypto Laundering in Gambling: How Online Casinos are Used to Wash Illicit Funds

by Thomas Alber | Oct 3, 2024 | Casino Industry, Crypto, For the Public, Gaming, latest-news, Money Laundering

Cryptocurrency has revolutionized financial systems and sectors like online gambling, providing users with a level of privacy and speed unattainable with traditional payment methods. This anonymity and global accessibility, however, have also attracted criminals, who...

Synthetic Identity Fraud and Crypto: How Fake Identities Are Used in Financial Crime

by Thomas Alber | Oct 2, 2024 | Banking, Crypto, For the Public, latest-news, Money Laundering, Organized Crime

Synthetic identity fraud (SIF) is one of the most rapidly growing forms of financial crime in the U.S., with the Federal Trade Commission (FTC) estimating that it accounts for up to 80% of all credit card fraud losses (Federal Trade Commission, 2022). In SIF,...

🚨 FREE Cryptocurrency for the Patrol Officer Course 🚨

by Thomas Alber | Oct 1, 2024 | For Peace Officers, latest-news

Looking to enhance your department’s understanding of cryptocurrency investigations? Join our FREE course designed specifically for patrol officers. Learn the basics of cryptocurrency and equip your team to handle crypto-related crimes confidently!Course Date:📅...

Crypto Crime as a Service: The Emergence of Black Market Solutions

by Thomas Alber | Oct 1, 2024 | Crypto, For the Public, latest-news

Cryptocurrencies like Bitcoin, Ethereum, and privacy coins such as Monero have transformed global financial transactions by providing decentralized, anonymous, and borderless ways to transfer value. While these features offer many benefits, they have also opened the...

Cryptocurrency Fraud in Charity Donations: Scams that Prey on Compassion

by Thomas Alber | Sep 30, 2024 | Crypto, Crypto Scams, For the Public, latest-news

Cryptocurrency has gained significant popularity in recent years, not only as a form of investment but also as a means of supporting charitable causes. The decentralized and often anonymous nature of digital currencies, like Bitcoin and Ethereum, makes them an...