Financial Crime Investigation Guides
Know what to look for and how to find it with our free financial crime investigation guides.
Pig Butchering
Pig butchering is a uniquely terrible and disturbing crime. The scammers themselves are human trafficking victims who were often recruited with promises of jobs but now have quotas to hit. If they miss their targets, they could end up being tortured, sold to another gang, used for organ harvesting or other kinds of trafficking. There is no escape.
The FBI’s Internet Crime Complaint Center received more than 4,300 submissions related to pig butchering scams in 2021. In 2022, victims reported losses of US$2.6 billion in the United States alone.
However, the true scale of pig butchering losses is unknown. The victims are often too embarrassed to report these crimes to authorities.
Learn how to detect it with our investigation guide.
Financial sextortion
Sextortion, a financially motivated form of online blackmail, is the fastest-growing scam affecting teenagers globally.
Boys as young as 12 have committed suicide.
The situation has become so dire that the National Crime Agency recently issued a rare warning to all UK schools to watch out for sextortion-related abuse.
It’s hard to trace and even harder to prosecute. But banks are uniquely positioned to help law enforcement in their efforts. They just need to know what to look for.
Elder Abuse
Elderly people fall for a wide range of scams. Yet either out of embarrassment, unawareness, or a misplaced desire to protect their abusers, many victims fail to notify law enforcement.
Annual losses are said to be somewhere between $2.9 billion and $36.5 billion, while the average US victim loses $35,101.
How can you help to protect the vulnerable?
Our investigation guide offers banks six easy steps to improve elder abuse detection.
Learn what to look for and how to find it. Download yours today.
Commercial-front Brothels
Commercial-front brothels are businesses that outwardly claim to offer legitimate services while forcing people to have sex against their will. Restaurants, bars, nail salons, spas and clubs of all types house sex trafficking victims.
Human traffickers make an estimated $350 billion every year. Between 244,000 and 325,000 people are trafficked for sex each year in the US alone.
Most are female. A significant number are children. Many of the victims are forced to work in commercial-front brothels.
Banks can help law enforcement to detect it. They just need to know what to look for.