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LinkedIn Love, Narco Navy, and TD Turnover
Illicit Edge - Edition for May 5, 2025
Happy Monday! It’s May 5, and we’re tracking top stories to start the week: Ex-Kohl’s CEO posted LinkedIn video of lover 3 months before scandal broke, the potent powder and ‘narco-subs’ driving cocaine’s global surge, three VPs to leave TD Bank's AML team as new chief makes changes, inside China’s machinery of repression, and much more…
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Don’t miss Episode 2 of FinCrime Unfiltered with Sarah Beth Felix!
Oil smuggling schemes, FINRA lessons, AI compliance, and much more.
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🎯 FEATURED STORY
Ex-Kohl’s CEO posted LinkedIn video of lover 3 months before scandal broke. An investigation by an outside law firm found that Ashley Buchanan had not disclosed the relationship as required by company policy. NYP
🔥 TOP STORIES
The Potent Powder and ‘Narco-Subs’ Driving Cocaine’s Global Surge WSJ
Three VPs to leave TD Bank's AML team as new chief makes changes Reuters
🎙️The TD Bank Disaster and How to Fix It with Jim Richards Designated
Inside China’s machinery of repression — and how it crushes dissent around the world ICIJ
🎙️China Challenge: Department of Defense Supply Chain Economics Coercive Capital
North Korea’s Black Knights and Dark Network RAND
US Treasury targets Cambodia's Huione, citing links to North Korean hackers Block
UK police arrest several Iranian men over alleged attack plot AP
How a Pillar of New York’s Chinese Community Did Beijing’s Dirty Work WSJ
Trump threatens ‘secondary sanctions’ on importers of Iranian oil Politico
Trump-linked stablecoin used in $2B Abu Dhabi Binance investment Semafor
Kidnappers in France target cryptocurrency entrepreneurs for ransom AP
Brazil social security minister latest to quit in major pension fraud scandal BBC
DOJ alleges Medicare Advantage plans paid illegal kickbacks Axios
Suburban Charlotte banks used in major international drug money laundering scheme Charlotte Observer
IN THE NEWS
🚩 RUSSIA & CHINA
Putin and Xi to sign ‘series’ of deals in Moscow summit Telegraph
EU prepares new sanctions on Russia over Ukraine war AFP
US readies Russia sanctions over Ukraine, unclear if Trump will sign Reuters
TikTok Sent Europeans' Personal Data to China, Hiding Transfers From Users Free Beacon
The inspectors keeping China’s corrupt officials up at night SCMP
💸 CORRUPTION & FINANCIAL CRIME
At a Dubai Conference, Trump’s Conflicts Take Center Stage Newsweek
A father battles Canada’s suicide machine UnHerd
Finance influencer charged with running $11M real estate fraud scheme NBC
UC Berkeley Received Six-Figure Donations From CCP Officials Free Beacon
EU citizenship no longer for sale DW
🔐 CRYPTO & CYBER
US indicts Yemeni man in Black Kingdom ransomware attacks Record
Ransomware attacks on food and agriculture industry have doubled in 2025 Record
OKX fires back at Tron's Justin Sun over mysterious 'freeze notice' Cointelegraph
A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals CoinDesk
North Korean hacker who tried to get a job at US tech company caught red-handed Sky
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