Financial Crime Online

Ikea has always had the reputation to combat corruption to the max. It launched its first store in Russia in 2000. That launch was hindered by bureaucracy  and ‘bribe seeking’ attention from local officials. 7 years later, Ikea still faces the same hurdles each time it opens a store location: The store’s opening has reportedly [...]

How can you use stolen bank data? Or rather: who can use stolen  bank data? Last month a member of staff with HSBC allegedly took client files from his employer and ‘provided’ them to French authorities. The French were keen for the data for tax purposes; amongst HSBC clients in Switzerland there are a lot [...]

Remember reports last year that Al Qaeda was in the worst state from a financial point of view since years? We should also remember Sun Tzu: no matter how weak your enemy has become; crush your enemy before he regains strength. “We need to redouble our efforts to combat the financial support networks of al [...]