Friday, July 16, 2021

Twisted Minds - Behind the scenes of investigating money laundering, the rise of dynastic wealth

 Twisted Minds - Murder by Ex Policemen

It's an open secret within the tight-lipped world of cybersecurity.

For years, Australian organisations have been quietly paying millions in ransoms to hackers who have stolen or encrypted their data.

Australian organisations are quietly paying hackers millions in a 'tsunami of cyber crime'

Democrats look to keep Coloradans’ tax refunds.

MATT TAIBBI: Spying and Smearing is “Un-American,” not Tucker Carlson.

After Obama left office, illegal leaks of classified intercepts became commonplace. Many, including the famed January, 2017 leak of conversations between Michael Flynn and Russian ambassador Sergei Kislyak, were key elements of major, news-cycle-dominating bombshells. Others, like “Russian ambassador told Moscow that Kushner wanted secret communications channel with Kremlin,” or news that former National Security Adviser Susan Rice unmasked the identities of senior Trump officials in foreign intercepts, were openly violative of the prohibition against disclosing the existence of such surveillance, let alone the contents.

ICIJ is best known for investigating dirty money, tax avoidance and the offshore industry. Project after project, we’ve exposed powerful perps and the complex systems that allow illicit finance to thrive.

With each global exposé, our partners around the world dig deeper and deeper to spot questionable financial dealings buried in troves of data. We spend months investigating those leads, and pressing for answers — asking tough questions that perhaps should have been asked by the regulators and enforcers of our financial system.

“We have groups of investigative journalists arguably doing more cutting-edge work on this than U.S. intelligence agencies with their enormous budgets,” U.S. lawmaker Tom Malinowski recently told The New Republic.

With so much experience sniffing out dirty deals, one of our reporters decided to make his credentials official by studying to become a Certified Anti-Money Laundering Specialist. It’s an accreditation for people who work to detect and stop illicit money flows inside banks, financial service companies and other firms.

ICIJ's Will Fitzgibbon takes you behind-the-scenes of the painstaking, collaborative financial reporting that’s built “an army of journalists just like me with on-the-job anti-money laundering experience” — leading to scoops that have sparked scandal, uproar and momentum around targeted reforms all over the world.

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A four-decade analysis of the 50 richest families in the U.S. by the Institute for Policy Studies highlights the rise of “dynastic wealth” and ways to crack down on the tactics used to guard it.

NAHJ 2021
ICIJ reporter Brenda Medina will be co-presenting a talk on investigative reporting on Monday, July 12, at 12:30 p.m. EST during the final week of the National Association of Hispanic Journalists’ virtual conference.

Thanks for reading!

Asraa Mustufa

ICIJ's digital editor

P.S. If you've enjoyed our coverage this week, remember to tell your friends and family and share our work on social media. Send them an email now!



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