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What are the FinCEN files? Here's what to know about the leaked documents tying Wall Street banks to possible money laundering.

Treasury Secretary Steven Mnuchin testifies before Senate Finance Committee Reuters BuzzFeed News and dozens of other newsrooms have published a massive trove of documents known as the "FinCEN Files," named after the US Treasury Department's Financial Crimes Enforcement Network headquartered in Washington D.C.. The data dump contains thousands of "suspicious activity reports," or SARs, that banks file to FinCEN when they suspect potentially criminal activity.  However, the files reportedly...
Tags: London, Vladimir Putin, Buzzfeed, Washington, Finance, Wall Street, Elizabeth Warren, US, Trends, Iran, Bbc, United States, Barclays, Hsbc, Treasury, Deutsche Bank


Kenosha protesters who say they were assaulted by right wing militias are suing Facebook for hosting a 'Kenosha Guard' page

Photo by Tayfun Coskun/Anadolu Agency via Getty Images Four people who said they were attacked by right-wing militia members during protests in Kenosha, Wisconsin are suing Facebook. The plaintiffs claim that Facebook enabled the violence by hosting a "Kenosha Guard" page that encouraged militia members to take up arms against protesters. Defendants named in the suit include Kyle Rittenhouse, a 17-year-old facing murder charges in connection with the deaths of two protesters, and people w...
Tags: Facebook, Mark Zuckerberg, Milwaukee, Trends, Tech, Wood, Kenosha, Ku Klux Klan, BuzzFeed News, Kyle, Rittenhouse, Kenosha Wisconsin, Tech Insider, Lin Wood, Aaron Holmes, Boogaloo Bois


Leaked files reveal Chelsea owner Roman Abramovich is major donor to Israeli settler group

Roman Abramovich, the owner of Chelsea football club, has been revealed as the main donor of an Israeli settler group accused of ejecting Palestinians from their homes in East Jerusalem. An investigation by BBC Arabic found that four companies owned or controlled by Mr Abramovich have donated more than $100m (£77m) to Elad, a pro-settler organisation with links to the eviction of Palestinian families from the Silwan neighbourhood. Settlements in East Jerusalem and the West Bank are controversial...
Tags: News, Israel, Jerusalem, Bbc, Britain, United States, Chelsea, West Bank, Roman Abramovich, East Jerusalem, BuzzFeed News, Abramovich, Elad, Silwan, BBC Arabic, City Of David


FinCEN papers were only a small part of European bank share's sell-off: 3 other reasons why bank stocks crashed

FILE PHOTO: The logo of Deutsche bank is seen in Hong Kong Reuters European bank shares saw some of their biggest losses in years on Monday, after the publication of a bombshell report showing a number of big names in the region had handled up to $2 trillion in dirty money. Shares in Deutsche Bank, Germany's largest, fell more than 8%, and UK-Hong Kong-listed HSBC fell to a near 25-year low. But analysts told Business Insider the report was only a small contributor to the sell-off.Other rea...
Tags: Hong Kong, Europe, UK, England, London, France, China, US, Trends, Spain, Bank Of England, European Central Bank, Barclays, Hsbc, Deutsche Bank, Bank


The 11 most important things in the leaked FinCEN files, which exposed $2 trillion in suspicious transactions and are roiling the world of finance

A Deutsche Bank branch in Frankfurt, Germany. Frank Rumpenhorst/picture alliance via Getty Images Leaked documents from the Financial Crimes Enforcement Network (FinCEN) were shared with news outlets. They show big banks have for years engaged with dirty money with little oversight. Banks named include JPMorgan Chase, HSBC, Barclays, and Deutsche Bank. Here are some of the biggest takeaways from the scandal. Visit Business Insider's homepage for more stories. Thousands of leaked documents ...
Tags: Hong Kong, Europe, UK, New York, London, News, Putin, Vladimir Putin, Buzzfeed, North Korea, Finance, Banks, Russia, Nbc News, US, Trends


An ex-FinCEN official pleaded guilty to leaking documents to a reporter. Reports say she is a Trump supporter.

Natalie Mayflower Sours Edwards leaves a US federal court in New York in January 2019. AP Photo/Frank Franklin II Top banks allowed $2 trillion worth of suspicious transactions to go unchecked, according to leaked documents from the Financial Crimes Enforcement Network (FinCEN). The reporter who led the investigation, Jason Leopold of BuzzFeed News, has not revealed the source of the information. But in January a FinCEN official, Natalie Mayflower Sours Edwards, to leaking information to...
Tags: Facebook, Politics, New York, Supreme Court, Congress, US, Trends, Ap, Washington Dc, News UK, Manhattan, Leaks, Cia, Donald Trump, Wall Street Journal, John Brennan


The 5 most important things in the leaked FinCEN files, which exposed $2 trillion in suspicious transactions and are roiling the world of finance

JP Morgan Chase & Co sign outside headquarters in New York Reuters Thousands of leaked documents from the Financial Crimes Enforcement Network were shared with hundreds of journalists, revealing how big banks have for years engaged with dirty money.  The agency, which operates under the Treasury Department, compiles "suspicious activity reports" when it detects potential or evident financial crimes. Banks such as JPMorgan Chase, HSBC, and Deutsche Bank facilitated the movement of criminal ...
Tags: New York, News, Putin, Vladimir Putin, Finance, Banks, US, Trends, European Union, Bbc, United States, Barclays, Hsbc, United Arab Emirates, Switzerland, Deutsche Bank


The 7 most important things in the leaked FinCEN files, which exposed $2 trillion in suspicious transactions and are roiling the world of finance

JP Morgan Chase & Co sign outside headquarters in New York Reuters Thousands of leaked documents from the Financial Crimes Enforcement Network were shared with hundreds of journalists, revealing how big banks have for years engaged with dirty money.  The agency, which operates under the Treasury Department, compiles "suspicious activity reports" when it detects potential or evident financial crimes. Banks such as JPMorgan Chase, HSBC, and Deutsche Bank facilitated the movement of criminal ...
Tags: Hong Kong, New York, News, Putin, Vladimir Putin, Finance, Banks, Senate, US, Trends, European Union, Bbc, United States, Barclays, Hsbc, United Arab Emirates


The 8 most important things in the leaked FinCEN files, which exposed $2 trillion in suspicious transactions and are roiling the world of finance

A Deutsche Bank branch in Frankfurt, Germany. Frank Rumpenhorst/picture alliance via Getty Images Thousands of leaked documents from the Financial Crimes Enforcement Network revealing how big banks had for years engaged with dirty money were shared with hundreds of journalists. The agency, which operates under the Treasury Department, compiles "suspicious activity reports" that can include evidence of financial crimes. Banks such as JPMorgan Chase, HSBC, and Deutsche Bank facilitated the m...
Tags: Hong Kong, Europe, UK, New York, News, Putin, Vladimir Putin, North Korea, Finance, Banks, Senate, Russia, Nbc News, US, Trends, Eu


The 9 most important things in the leaked FinCEN files, which exposed $2 trillion in suspicious transactions and are roiling the world of finance

A Deutsche Bank branch in Frankfurt, Germany. Frank Rumpenhorst/picture alliance via Getty Images Thousands of leaked documents from the Financial Crimes Enforcement Network revealing how big banks have for years engaged with dirty money were shared with hundreds of journalists. The agency, which operates under the Treasury Department, compiles "suspicious activity reports" that can include evidence of financial crimes. Banks such as JPMorgan Chase, HSBC, and Deutsche Bank facilitated the ...
Tags: Hong Kong, Europe, UK, New York, News, Putin, Vladimir Putin, North Korea, Finance, Banks, Senate, Russia, Nbc News, US, Trends, European Union


European bank shares tumble after leaked files unveil suspicious money flows worth over $2 trillion

FRANKFURT, GERMANY - MAY 18: Shareholders walk past a huge Deutsche Bank logo during the banks annual shareholders meeting on May 18, 2005 in Frankfurt, Germany. Deutsche Bank will go ahead with targeted acquisitions and job cuts to enforce the banks global competitiveness. (Photo by Ralph Orlowski/Getty Images) Ralph Orlowski/Getty Images FinCEN investigation released on Sunday showed several banks were involved in moving more than $2 trillion worth in suspicious funds. The banks that had ...
Tags: Hong Kong, London, France, Trends, Frankfurt, Barclays, Hsbc, Deutsche Bank, Goldman, Societe Generale, Deutsche Welle, BuzzFeed News, FRANKFURT Germany, Treasury Department, BNY Mellon, FinCEN


Here are some of the biggest revelations that came out of the leaked FinCEN reports

JP Morgan Chase & Co sign outside headquarters in New York Reuters Thousands of leaked documents from the Financial Crimes Enforcement Network were shared with hundreds of journalists, revealing how big banks have for years engaged with dirty money.  The agency, which operates under the Treasury Department, compiles "suspicious activity reports" when it detects potential or evident financial crimes. Banks such as JPMorgan Chase, HSBC, and Deutsche Bank facilitated the movement of criminal ...
Tags: New York, London, News, Putin, Vladimir Putin, Buzzfeed, Finance, Banks, US, Trends, Canary Wharf, European Union, Bbc, Features, United States, Barclays


World's biggest banks enabled litany of financial crimes, new report reveals

JP Morgan Chase & Co sign outside headquarters in New York Reuters Thousands of leaked documents from the Financial Crimes Enforcement Network were shared with hundreds of journalists, revealing how big banks have for years engaged with dirty money.  The agency, which operates under the Treasury Department, compiles "suspicious activity reports" when it detects potential or evident financial crimes. Banks such as JPMorgan Chase, HSBC, and Deutsche Bank facilitated the movement of criminal ...
Tags: New York, London, News, Putin, Vladimir Putin, Buzzfeed, Finance, Banks, US, Trends, Canary Wharf, European Union, Bbc, Features, United States, Barclays


World's biggest banks enabled litany of financial crimes, leaked documents reveal

JP Morgan Chase & Co sign outside headquarters in New York Reuters Thousands of leaked documents from the Financial Crimes Enforcement Network were shared with hundreds of journalists, revealing how big banks have for years engaged with dirty money.  The agency, which operates under the Treasury Department, compiles "suspicious activity reports" when it detects potential or evident financial crimes. Banks such as JPMorgan Chase, HSBC, and Deutsche Bank facilitated the movement of criminal ...
Tags: New York, London, News, Putin, Vladimir Putin, Buzzfeed, Finance, Banks, US, Trends, Canary Wharf, European Union, Bbc, Features, United States, Barclays


As Facebook struggles to fight misinformation ahead of the 2020 elections, Google is escaping the spotlight

Sundar Pichai, CEO of Google parent Alphabet, during Google's annual developer conference in 2013. Justin Sullivan/Getty Images As tech companies gear up to fight misinformation ahead of the 2020 elections, Facebook has received the most scrutiny amid a steady flow of reporting that highlights its missteps. Meanwhile, researchers say Google has been "getting a pass on transparency" by hiding behind Facebook and being less willing to share data about its own products, specifically aroun...
Tags: Google, Facebook, Politics, New York, Media, Youtube, Washington, Stanford, Russia, Advertising, Marketing, US, Trends, Tech, Donald Trump, Wall Street Journal


'Facebook did nothing' about violent militia and hate speech groups for five years despite being warned at least 10 times, advocacy group says

Facebook has repeatedly come under fire for ignoring warnings about violent groups using its platform to incite violence. AP Photo/Andrew Harnik Facebook has long ignored repeated warnings about militia and hate groups promoting violence against Muslims, according to civil rights group Muslim Advocates. Muslim Advocates published a timeline on Wednesday of 10 instances since 2015 where it alerted the company to militia and hate groups using Facebook events to organize armed anti-Muslim ral...
Tags: Facebook, Mark Zuckerberg, Politics, Texas, News, Trends, Social Media, Civil Rights, Muslim, Portland Oregon, Hate Speech, Free Speech, Sheryl Sandberg, Zuckerberg, Phoenix, HuffPost


Facebook 'did nothing' about violent militia and hate groups for 5 years despite being warned at least 10 times, advocacy group says

Facebook has repeatedly come under fire for ignoring warnings about violent groups using its platform to incite violence. AP Photo/Andrew Harnik The civil-rights group Muslim Advocates is accusing Facebook of long ignoring repeated warnings that militia and hate groups are promoting violence against Muslims. Muslim Advocates published a timeline Wednesday of 10 instances since 2015 in which it said it alerted the company to militias and hate groups using Facebook events to organize armed a...
Tags: Facebook, Mark Zuckerberg, Politics, Texas, News, Trends, Social Media, Civil Rights, Muslim, Portland Oregon, Hate Speech, Free Speech, Sheryl Sandberg, Zuckerberg, Phoenix, HuffPost


The 26 women who have accused Trump of sexual misconduct

Rachel Crooks, left, Jessica Leeds, center, and Samantha Holvey attend a news conference, Monday, Dec. 11, 2017, in New York to discuss their accusations of sexual misconduct against Donald Trump. Mark Lennihan/AP Images At least 25 women have accused President Donald Trump of sexual misconduct since the 1970s.Renewed attention was brought to the allegations amid the #MeToo movement and a national conversation concerning sexual misconduct.Trump has repeatedly denied the accusations, denounc...
Tags: Facebook, Utah, Post, Florida, Politics, Usa, New York, News, Nbc, Congress, California, Washington Post, Washington, Sexism, Life, White House


Former Facebook employee’s memo indicates company’s inability, lack of interest in policing disinformation campaigns worldwide: Report

A letter written by a former Facebook employee after being fired from the company points to the social media giant’s inability and unwillingness to act on fake and inauthentic accounts, according a report by BuzzFeed News. Sophie Zhang, who worked as a data scientist at Facebook until recently, penned a 6.600-word memo detailing how she struggled to make her company pay enough attention to fake accounts, whose activity she said was undermining elections and affecting political discourse across t...
Tags: Travel, Facebook, News, Washington Post, India, BJP, US, Ukraine, New York Times, Brazil, Azerbaijan, Honduras, Ecuador, Delhi, Donald Trump, Wall Street Journal


Facebook whistleblower claims US politicians were artificially boosted by millions of fake followers and reactions during the 2018 elections

A Facebook whistleblower detailed major revelations about the company's ongoing struggle to combat misinformation. Tom Williams/CQ Roll Call A former Facebook employee wrote a memo revealing multiple stunning failures by Facebook to effectively deal with political misinformation across the globe, BuzzFeed News reported Monday. In the memo, data scientist Sophie Zhang claimed Facebook removed "10.5 million fake reactions and fans from high-profile politicians in Brazil and the US in the...
Tags: Facebook, Politics, US, International, Trends, West, United States, Brazil, Donald Trump, Western Europe, Kenosha, Misinformation, BuzzFeed News, Zhang, Tom Williams, Tech Insider


Leaked memo excoriates Facebook’s ‘slapdash and haphazard’ response to global political manipulation

A former Facebook data scientist dropped a detailed, damning memo on her last day there, calling the social network out for what she describes as an arbitrary, slow, and generally inadequate response to fake accounts and activity affecting politics worldwide. BuzzFeed News acquired the full memo and has published excerpts in this report, which is well worth reading in its entirety. Zhang was reportedly fired earlier in September for, as she describes it, ongoing disagreement with management a...
Tags: Social, Facebook, Congress, Government, US, Tech, Spain, Policy, Brazil, Azerbaijan, Honduras, BuzzFeed News, Zhang, Delhi India, CIB


Jane Sanders says relationship between Joe Biden, Bernie Sanders is built on 'work' not friendship

Sen. Bernie Sanders (I-Vt.) has gone on the record calling former Vice President Joe Biden — the man he is trying to help get elected to the White House after he was defeated by him in the race to become the Democratic presidential nominee earlier this year — a "good friend," but his wife, Jane Sanders doesn't love the characterization, which she describes as a false one, BuzzFeed News reports.As Jane Sanders sees it, she and her husband "don't go out" or "get dinner" with Biden and his ...
Tags: News, Buzzfeed, White House, Joe Biden, Bill Clinton, Biden, Hillary, Trevor Noah, Bernie Sanders, Trump, Sanders, Flynn, BuzzFeed News, Sen Bernie Sanders I VT, Clintons, Bidens


Facebook board member Peter Thiel reportedly had dinner with a key white nationalist figure in 2016 and said he 'really enjoyed' meeting him

Carolyn Kaster/AP Photo Facebook board member Peter Thiel met with a prominent white nationalist figure in 2016, according to emails published by BuzzFeed News this week. After meeting with Kevin DeAnna — who has called for "the formation of an ethnostate, the great dream of the White Republic" — Thiel reportedly wrote in an email that he "really enjoyed" meeting him. Thiel was one of Facebook's earliest investors, and Zuckerberg has defended him in the past. He's also a board member of P...
Tags: Facebook, Mark Zuckerberg, Politics, Trends, Tech, Peter Thiel, Silicon Valley, Donald Trump, Palantir, Zuckerberg, Trump, BuzzFeed News, Richard Spencer, Deanna, Thiel, Carolyn Kaster


Rudy Giuliani and His Ukraine Ally Sprint Away from Their ‘Russian Agent’ Pal

President Donald Trump’s personal lawyer and a key Ukrainian ally in their plot to smear Former Vice President Joe Biden have both tried to distance themselves from collaborator Andriy Derkach after he was sanctioned and outed as an “active Russian agent” by the U.S. Treasury Department.Rudy Giuliani, who worked with Derkach and whose work as Trump’s lawyer and top Biden-dirt-digger culminated in his own client’s impeachment, told The Daily Beast on Friday that he was no longer in touch with the...
Tags: News, Obama, Congress, Washington, Senate, Germany, Russia, Joe Biden, Ukraine, Budapest, Gop, Hillary Clinton, House, Crimea, Treasury, Graham


A California man murdered dozens of people, and a new book says he almost got away with it

By Michael Thomas Barry Jose Manuel Martínez was born and raised in California and blended in easily among the farm laborers of California’s San Joaquin Valley where he lived a modest and unassuming life. But in stark contrast to the adoring and dedicated family man he appeared to be, there was an evil flipside that allowed him to pursue a frightening line of work as a hitman and enforcer for a Mexican drug cartel—a wicked profession that he carried out with such precision and technique that he ...
Tags: Books, California, America, Los Angeles, Sport, Things To Do, Soccer, Central Valley, Santa Barbara, Kern County, BuzzFeed News, Martinez, San Joaquin Valley, Garrison, Jose Martinez, Jason Reynolds


In response to BuzzFeed News’s statement that it will now primarily refer to QAnon as a “collective

In response to BuzzFeed News’s statement that it will now primarily refer to QAnon as a “collective delusion” instead of a “conspiracy theory,” the Gizmodo Copy Desk is making the decision to call QAnon “the future of the GOP.”Read more...
Tags: Science, Gop, BuzzFeed News, Qopy Notes, Gizmodo Copy Desk


Facebook CEO Mark Zuckerberg’s claim that company deleted event calling for violence before shooting untrue: Report

Contrary to Facebook CEO Mark Zuckerberg’s claims, it wasn’t the company’s content moderation team that took down the event listing of a group that had called for violence in the US, but it was the group’s admin who did so, reported Buzzfeed News on Thursday. The report refutes claims made by Facebook just days after a fatal shooting in Kenosha, Wisconsin when the company was facing a PR nightmare for reportedly failing to act on time and delete hate speech against Black Lives Matter protestors....
Tags: Travel, Facebook, Mark Zuckerberg, News, US, Hate Speech, Black Lives Matter, BLM, Zuckerberg, Blake, BuzzFeed News, Zuckerberg Facebook, The Black Lives Matter, Kenosha Wisconsin, Wisconsin USA, Facebook Later


Facebook will pay tens of thousands of users to quit the app ahead of the election so it can study the platform's impact on politics

Chip Somodevilla / Getty Images Facebook is working with outside researchers to study how its apps influence "key political attitudes and behaviors during the US 2020 elections," the company announced Monday. As part of the study, it will pay Facebook and Instagram users — possibly between $10 and $20 per week — to stop using the app, The Washington Post's Elizabeth Dwoskin reported Thursday. The company expects between 200,000 and 400,000 users to participate in the study, which will run...
Tags: Facebook, Politics, Instagram, Washington Post, US, Trends, New York Times, BuzzFeed News, Northeastern University, David Lazer, Elizabeth Dwoskin, Dwoskin, Cambridge Analytica, Tech Insider, Elections 2020, Liz Bourgeois


Facebook said it removed en event encouraging violence against protesters in Kenosha, but it was actually removed by the event's own organizers, according to a new report

Drew Angerer/Getty Images Facebook came under fire last week after site moderators did not remove the Facebook page of a militia group that encouraged violence against protesters, despite being reported hundreds of times.  CEO Mark Zuckerberg said last week that Facebook ultimately did remove the page, but that the removal came too late because moderators hadn't been adequately trained on Facebook's new policies against militia groups. "Counter protest? Nah. I fully plan to kill looters a...
Tags: Facebook, Mark Zuckerberg, Trends, Tech, Militia, Extremism, Zuckerberg, Kenosha, BuzzFeed News, Rittenhouse, Kenosha Wisconsin, Tech Insider, Aaron Holmes, Jacob Blake, Kyle Rittenhouse, Kenosha Guard


Facebook will pay hundreds of thousands of users to quit the app ahead of the election so it can study the platform's impact on politics

Chip Somodevilla / Getty Images Facebook is working with outside researchers to study how its apps influence "key political attitudes and behaviors during the US 2020 elections," the company announced Monday. As part of the study, it will pay Facebook and Instagram users — possibly between $10 and $20 per week — to stop using the app, The Washington Post's Elizabeth Dwoskin reported Thursday. The company expects between 200,000 and 400,000 users to participate in the study, which will run...
Tags: Facebook, Politics, Instagram, Washington Post, US, Trends, New York Times, BuzzFeed News, Northeastern University, David Lazer, Elizabeth Dwoskin, Dwoskin, Cambridge Analytica, Tech Insider, Elections 2020, Liz Bourgeois