Fraud Alerts

Fraud Alert is your go-to source to discover the latest fraud and scams in the industry. Alerts come directly from professionals working in the anti-financial crime industry. Discover the trends and stay ahead of the curve with insights from subject-matter experts around the globe. Be a part of the global financial crime detection and prevention exchange.

Money Laundering Organizations and the Use of Counterfeit Chinese Passports

The Homeland Security Investigations (HSI) Cross-Border Financial Crime Center (CBFCC) is alerting U.S. financial institutions (FIs) of the prevalent use of counterfeit Chinese passports by money laundering organizations to facilitate criminal activity. Operating throughout the U.S., Chinese money laundering organizations (CMLOs), including those with suspected...