Greetings! It’s July 1, and we’re tracking today’s top stories: More than 300 charged in $14.6 billion healthcare fraud schemes takedown, Trump revokes U.S. sanctions on Syria, cartel fighters make a desperate alliance that could transform underworld, hundreds of laptops, bank accounts linked to North Korean fake IT workers scheme seized, and much more…

***
Powered by:

Join us IRL!

🎤 Risky Business, A FinCrime Ops Tour
Decoding Risk. Amplifying Action. In the age of AI.

Coming to a location near you!
NY - Aug 13 
SF - Oct 1
London - Jan 14

🎯 FEATURED STORY

More than 300 charged in $14.6 billion health care fraud schemes takedown. Law enforcement seized more than $245 million in cash, luxury vehicles, cryptocurrency, and other assets as prosecutors warned of a growing push by transnational criminal networks to exploit the U.S. health care system. AP

🔥 TOP STORIES

Trump revokes U.S. sanctions on Syria Axios

Cartel Fighters Make a Desperate Alliance That Could Transform Underworld NYT

Hundreds of laptops, bank accounts linked to North Korean fake IT workers scheme seized in major crackdown Politico 

He Thought an Employee Stole Crypto. The FBI Says It Was a North Korean Scammer. WSJ

For Iran’s Nuclear Program, a Month Is Longer Than It Sounds WSJ 

🎙️Coercive Capital: Tehran’s Tightrope — The Cost of Confrontation Illicit Edge

Trump tees up tougher policy toward Cuba Politico

RCMP busts $40M+ U.A.E.-to-Canada money laundering scheme Calgary Herald

Spanish PM’s former right-hand man detained in corruption investigation Guardian

How Qatari Cash Influences Georgetown — and America's Future Diplomats Free Beacon

🚩 RUSSIA & CHINA

China skirts U.S. sanctions as top buyer of Iranian oil — here’s how, and why that’s unlikely to change soon CNBC

China sanctions former Philippines senator AP

Germany Expects EU's Russia Sanctions Package to Be Agreed This Week Reuters 

Kremlin, asked about U.S. sanctions bill, suggests it would impact Ukraine peace efforts if implemented Reuters

🔐 CRYPTO & CYBER

Stablecoin issuer Circle applies for a national bank charter CNBC 

Iranian Exchange Nobitex Restarts After Bitcoin, Dogecoin and Tron Swiped in $90M Hack Decrypt

Hikvision Canada ordered to cease operations over security risks Bleepingcomputer

Crypto investment fraud ring dismantled in Spain after defrauding 5,000 victims worldwide Europol

💸 CORRUPTION & FINANCIAL CRIME

Bibi corruption trial delayed on diplomatic and security grounds Guardian 

The Woes of Argentina’s Peronist Icon, Former President Cristina Kirchner JST

Florida man with ties to Loretto Hospital indicted in massive $233M COVID fraud Chicago Tribune

Duke Law Journal Sent a Secret Memo to Minority Applicants Telling Them They’d Get Extra Points for Writing About Their Race Free Beacon

🚚 TRAFFICKING

Jury deliberations begin in Diddy’s racketeering and sex trafficking trial NBC 

Notorious cartel hired hacker to use surveillance cameras, phone data to track and kill FBI informants CBS

Mexican fuel theft gang dismantled in major operation BBC 

Trump sues Los Angeles over sanctuary policies Politico

🎤 Unit21: Risky Business, A FinCrime Ops Tour

Share Illicit Edge with friends!

They can subscribe here for free and never miss a story.