Monaco – Financial Treason & Crime

Masood Farivar, 09 June 2021

U.S. Attorney General Merrick Garland warned Wednesday that ransom-motivated cyberattacks are “getting worse and worse,” echoing other top Biden administration officials who have sounded the alarm about the problem in recent weeks.

“We have to do everything we possibly can here,” Garland told lawmakers. “This is a very, very serious threat.” Continue reading “Article: US Attorney General Warns Ransomware ‘Getting Worse and Worse’”

04/01/202104/02/2021

Article: Five ways Biden could crack down on dirty money and financial secrecy

Article - Academic, Publications

Five ways Biden could crack down on dirty money and financial secrecy

Brenda Medina, 01 April 2021

Early rhetoric from the Biden administration has encouraged anti-corruption advocates that the new president’s tenure in the White House may mark a turning point in the fight against dirty money and tax haven abuse — two overlapping problems made worse by a veil of secrecy that shields vast sums of money from tax collectors and law enforcement authorities.

“We will crack down on tax havens and illicit financing that contribute to income inequality, fund terrorism, and generate pernicious foreign influence,” the administration’s Interim National Security Strategic Guidance, released last month, says, identifying the fight against global corruption as a top security priority. The strategy mirrors promises Joe Biden made during his candidacy.

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02/19/202005/07/2020

Barred: Paolo Assumpcao Monaco Barred by FINRA

Barred

Paolo Assumpcao Monaco Barred by FINRA

An AWC was issued in which Monaco was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Monaco consented to the sanction and to the entry of findings that he refused to appear for onthe-record testimony or otherwise cooperate with FINRA’s investigation into a disclosure reported on a Uniform Termination Notice for Securities Industry Registration (Form U5) submitted by his member firm.

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