Welcome to episode 249 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, the US and UK have expanded various of their sanctions regimes, while on fraud, the US has had heightened activity including the conviction of Bradley Heppner in a $150 million securities fraud scheme and the sentencing of a ringleader whose multinational network defrauded the elderly and vulnerable. Additionally, in the UK, the FRC sanctions former Carillion directors for reckless misconduct, and the ICO issues a near £1 million fine against South Staffordshire Water for a prolonged data breach. Finally, we look at the Google Threat Intelligence’s warnings regarding the industrial-scale integration of AI by cyber-threat actors, and the outcomes of an international conference on economic crime held in London.

A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.