Tag: fatf
1 article
FATF Targets Global Scam Compounds with Urgent Call to Action
The Financial Action Task Force is sounding the alarm on global scam compounds, warning that these massive operations are fueling a staggering $500 billion-a-year fraud economy that's increasingly high-tech and sophisticated. To combat this, FATF president Giles Thomson is calling for an urgent modernization of anti-scam efforts.