Starting in late 2006, numerous subprime mortgage lenders have experienced severe financial distress. Rising interest rates, slower house price appreciation, and increasing delinquencies and defaults by borrowers form the backdrop. These difficulties have led to investigations by regulators, bankruptcy filings, and litigation from securities holders.
The role of forensics in anti-money laundering investigations
The authors provide insights into how forensic analysis plays a significant role both in investigating money laundering and assessing its financial impact....