UAE – Financial Treason & Crime

Market Frauds, 28 June 2021

Note to all readers: The Canadian regulators (OSC and IIROC) are asking people for information on illegal trading strategies. If you or a company or investor have been hurt by Anson Funds please do not remain silent. Get in touch with the OSC and file a formal complaint. This really is your only chance to be heard. Make it count! You can also send information to the SEC here: https://www.sec.gov/whistleblower Continue reading “Article: Moez Kassam & Anson Funds Part II: Rotten To The Core”

05/24/202105/25/2021

Article: Dubai gold trader fined Dh1.35m for failing to comply with anti-money laundering and terrorism financing laws

Article - Media, Publications

Dubai gold trader fined Dh1.35m for failing to comply with anti-money laundering and terrorism financing laws

The National, 24 May 2021

A gold trader in Dubai has been fined a total of Dh1.35 million ($367,597) for eight separate breaches of laws governing money laundering and terrorism financing.

The unnamed company was fined as part of the Ministry of Economy’s extensive inspection campaign into Designated Non-Financial Business and Professions (DNFBPs). DNFBPs are a group of non-financial businesses governed by money laundering rules, and include precious metals dealers, property brokers, auditors and corporate services providers that offer company formation services. Continue reading “Article: Dubai gold trader fined Dh1.35m for failing to comply with anti-money laundering and terrorism financing laws”