Tag: #dismantle

Financial Technology & Security

Global AML Watchdog Calls for Urgent Action to Dismantle Multi-Billion Dollar Scam Compound Industry

Tuesday, November 10, 2026 | 08:06

The Financial Action Task Force (FATF), the world’s leading intergovernmental organization dedicated to combating money laundering and terrorist financing, has issued a stark warning regarding the rapid proliferation of "scam compounds." In a comprehensive new report, the watchdog highlighted these centers as the primary engines behind a staggering global fraud economy now estimated to be […]