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.
Compliance solutions for pandemic-related fraud risks
When the COVID-19 pandemic struck the US in March 2020, office environments, supply chains and traditional ways of doing business evaporated in mere weeks....