Litigation partners John Carlin, Roberto Gonzalez and Ian Richardson and counsel Sam Kleiner co-authored an article published in Corporate Compliance Insights. In the article, “US Targeting TCOs’ Role in ‘Scam Centers’,” published on March 31, they discuss the implications of a recent executive order targeting criminal organizations’ role in cyber-enabled fraud carried out in so-called scam centers. “The executive order should be understood in the context of actions taken over the past year by the DOJ, the Treasury Department and other agencies, which have now culminated in a formal, whole-of-government approach to address the issue of Transnational Criminal Organizations engaging in scams and cyber-enabled fraud,” they write. The administration’s emphasis on the importance of working with the private sector suggests that there will be opportunities for companies in banking, social media, fintech and telecommunications to coordinate with the federal government on these issues, they note.
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