Hello Saturday! It’s May 31, and we’re tracking top stories to take you through the weekend: U.S. sanctions Funnull for $200M romance baiting scams tied to crypto fraud, inside Boko Haram’s wallet, how Russian fortunes stranded by US sanctions rocked Liechtenstein, 5 missing musicians found dead near U.S. border in Mexico, and much more…

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Don’t miss the latest FinCrime Unfiltered with Sarah Beth Felix!
Construction shells, dirty NGOs, and consent order lessons.

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🎯 FEATURED STORY

U.S. Sanctions Funnull for $200M Romance Baiting Scams Tied to Crypto Fraud.  The Treasury accused the Taguig-headquartered company of enabling thousands of websites involved in virtual currency investment scams that caused Americans to lose billions of dollars annually. Hacker News

🔥 TOP STORIES

Inside Boko Haram’s Wallet: Digital Pathways to Terrorist Financing in Nigeria GNET

How Russian fortunes stranded by US sanctions rocked Liechtenstein Reuters

5 missing musicians found dead near U.S. border in Mexico; cartel members arrested CBS

Mexico and the United States decimate Los Chapitos El Pais

Russia's Vast Nuclear Modernization Exposed in 'Unprecedented' Security Breach Moscow Times

ConnectWise Hit by Cyberattack; Nation-State Actor Suspected Hacker News

Trump agency uncovers 'one of the largest' food stamp fraud, bribery schemes Fox

BitMEX thwarts Lazarus attack, discovers vast security lapses Block

Texas oil operators indicted in drug cartel smuggling scheme USA Today

US Plans Wider China Tech Sanctions With Subsidiary Crackdown Bloomberg

The U.S. Plan to Hobble China Tech Isn’t Working WSJ

Ex-Goldman Sachs banker gets 2 years in prison for plot to fleece billions from Malaysia’s 1MDB AP

🚩 RUSSIA & CHINA

US and allies accuse North Korea and Russia of violating UN sanctions AP

What Could New US Sanctions Against Russia Look Like? RFE

Senate to work on Russia sanctions bill next week Hill

American Adversaries Meet To 'Coordinate Their Positions' on Iran's Nuclear Program Free Beacon

Two Foreign Nationals Indicted for Plot to Smuggle U.S. Military Technology to China DOJ

American Drone Company Claims Major Breakthrough Over Chinese Competitors Newsweek

💣 TERROR

How America Funded Islamism in Pakistan Free Press

Terror networks ‘thriving’ in Africa — could pose threat to US NYP

US Congress members call to sanction Iranian-backed militias in Iraq JP

Venezuela weaponized Tren de Aragua gang to hurt the U.S. Miami Herald

🔐 CRYPTO & CYBER

Feds target Chinese couple accused in $9 million crypto 'pig butchering" scam USA Today

SEC drops lawsuit against crypto giant Binance Cointelegraph

Is every memecoin just a scam? Experts on whether Andrew Tate and Trump are fleecing their followers Guardian

Amazon Fire Sticks enable “billions of dollars” worth of streaming piracy Ars

White House investigating how Trump’s chief of staff’s phone was hacked TechCrunch

💸 CORRUPTION & FINANCIAL CRIME

Former “We Buy Ugly Houses” Franchise Owner to Plead Guilty in Fraud Scheme That Cost Investors $40 Million ProPublica

Feds Seek 12.5-Year Prison Sentence for Ex-Illinois Speaker Michael Madigan PBS

Cypriot MPs Assail Officials For Failure to Collect on €14M Tax Bill From Roman Abramovich Firm OCCRP

California opens inquiry into Paramount and Trump Semafor

US court reinstates former USC coach's college admissions scandal conviction Reuters

🚚 TRAFFICKING

Mexico City attorney pleads guilty to laundering money for Sinaloa Cartel through San Diego shell companies ABC

Mexican Authorities Arrest Colombian Mercenaries Building Explosives for Cartels Breitbart

She defended drug lord El Chapo - now, she's running for office BBC

Two Utah men charged with supporting Mexican cartel designated as terrorist group Fox

Police bust major drug trafficking ring in Portugal, seizing cash and weapons Euronews

Police Suspect Brazilian Singer Worked With Cocaine Traffickers OCCRP

🎯 2025 Hummingbird Guide to Integrations

Ever feel like your compliance tools are in a long-distance relationship? Manually moving data between systems isn’t just tedious – it’s a productivity black hole. Fortunately, there’s the 2025 Hummingbird Guide to Integrations, a playbook for turning “we do that manually” into “that connects automatically.” 👉 Download the guide today!

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