CRA was hired by The Chief Compliance Officer of a leading credit card issuer hired our team to review AML monitoring alerts as part of a deferred prosecution agreement. Our team noted and investigated certain customers who were transacting with cloud mining companies and investment companies, domiciled in high-risk jurisdictions. Our work enabled the Chief Compliance Officer and her team to prepare timely and robust suspicious activity reports.
DOJ launches pilot program to enhance voluntary self-disclosure and combat white-collar crime
In April 2024, the US Department of Justice (DOJ) Criminal Division released its Pilot Program on Voluntary Self-Disclosures for Individuals to help detect and...