🧨 Iranian Militias. Ghost Merchants. Red Flags.

🔥 PODCAST DROP! This week’s episode of FinCrime Unfiltered pulls no punches.

🎙️ How Iranian Militias Exploited Visa and Mastercard — and What U.S. Banks Are Still Missing

Host Sarah Beth Felix breaks down a high-stakes laundering scheme reported by the Wall Street Journal:

👉 Prepaid cards issued in Iraq
👉 Fake luxury purchases through front companies
👉 Millions moved through Visa and Mastercard rails to fund Iranian-backed militias

🎧 Ready to dive in?  Watch on YouTube // Listen on Spotify / Apple

In partnership with:

Then she zeroes in on one of the biggest cracks in our AML foundation — the Travel Rule. Still capped at $3K. Still wire-only. Still out of step with how money moves today.

🚨 What you’ll learn:

• How fake “purchases” and ghost merchants enabled cross-border laundering

• Why U.S. payment processors remain a dangerous regulatory loophole

• The hidden Travel Rule failure in trust departments

• What compliance teams can do right now to close the gaps

🎧 Don’t miss this one!

👉 Watch on YouTube
👉 Listen on Apple / Spotify

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FinCrime Unfiltered is built for financial crime fighters that want real talk, not secondhand guidance. If you care about what’s hiding in your institution’s blind spots — this episode’s for you.

Comments? Questions? Email us at [email protected]

More soon...

ILLICIT EDGE