21 Wednesday April 2021
  • About
  • Advertise
  • Submit Press Release
  • Contact Us
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com
  • News
    • Bitcoin News
      • Bitcoin News
      • Bitcoin Cash News
      • Bitcoin SV News
      • Bitcoin Scams
    • Altcoin News
      • Ethereum News
      • Litecoin News
      • Ripple News
      • Libra News
      • Coinbase Stock News
      • Binance News
      • Cardano News
      • Huobi News
      • Binance Coin News
      • Coinbase News
      • ChainLink News
      • IOTA News
      • Monero News
      • Ethereum Classic News
      • Dash News
      • Stellar News
      • Tether News
      • Tezos News
      • Tron News
      • Vechain News
      • Dogecoin News
      • Cosmos News
      • EOS News
      • NEM News
      • NEO News
      • Nexo News
      • Zcash News
      • UNUS News
      • USD Coin News
      • MECX Token News
      • Coronavirus News
    • Exchange News
    • Analysis
    • Blockchain News
    • Regulation
    • Press Releases
    • DC Forecasts
      • DC Forecasts Announcements
      • About
      • Daily News Video
      • EDUCATION & RESOURCES
      • Blockchain Archive
  • Education
    • Coronavirus Statistics
    • Cryptocurrency Education
      • 0x
      • Augur
      • Aurora
      • Basic Attention Token
      • Binance Coin
      • Bitcoin BTC
      • Bitcoin Cash
      • BITCOIN DIAMOND
      • Bitcoin Gold
      • Bitcoin SV
      • BitTorrent
      • Cardano
      • Chainlink
      • Cosmos
      • Crypto.com Chain
      • DASH
      • Decred
      • Dogecoin
      • Egretia
      • Energi
      • EOS
      • Ethereum
      • Ethereum Classic
      • Holo
      • Huobi Token
      • Litecoin
      • IOTA
      • Ripple
      • Stellar
      • Tether
      • Zcash
  • Markets
    • PriceIndexes
      • Bitcoin Price
      • Ethereum Price
      • Libra Price
      • Binance Price
      • Bitcoin Cash Price
      • Bitcoin SV Price
      • Cardano Price
      • IOTA Price
      • Crypto.com Chain Price
      • Coinbase Stock Price
      • Dash Price
      • Dogecoin Price
      • EOS Price
      • Ethereum Classic Price
      • NEO Price
      • Vechain Price
      • Litecoin Price
      • Huobi Price
      • Maker Price
      • Chainlink Price
      • Monero Price
      • Cosmos Price
      • NEM Price
      • Ontology Price
      • Ripple Price
      • Stellar Price
      • Tether Price
      • Tezos Price
      • Tron Price
      • UNUS SED LEO Price
      • USD Coin Price
      • Zcash Price
    • Cryptocurrency Calculator
      • Bitcoin Calculator
      • Ethereum Calculator
      • Litecoin Calculator
      • Ripple Calculator
      • Dash Calculator
      • Dogecoin Calculator
      • Stellar Calculator
      • Monero Calculator
      • Binance Calculator
      • Cardano Calculator
      • Huobi Calculator
      • Binance Coin Calculator
      • Chainlink Calculator
      • IOTA Calculator
      • Ethereum Classic Calculator
      • Tether Calculator
      • Tezos Calculator
      • Tron Calculator
      • Vechain Calculator
      • Cosmos Calculator
      • EOS Calculator
      • NEM Calculator
      • NEO Calculator
      • Nexo Calculator
      • Zcash Calculator
      • USD Coin Calculator
      • UNUS SED LEO Calculator
    • Reviews
    • Cryptocurrency Exchanges
      • United Kingdom
      • USA
      • Canada
      • South Korea
      • Israel
      • Singapore
      • Australia
      • Mexico
      • South Africa
      • Japan
      • India
  • Directory
    • Bitcoin Businesses
    • Bitcoin Broker
    • Bitcoin Casinos
  • Events
    • Blockchain Events News
  • More
    • NewsletterDaily or Weekly
      • Press Release
      • Blockchain
      • Cryptocurrency Exchange
      • Bitcoin
      • Bitcoin Scams
      • Bitcoin SV
      • Ethereum
      • Ethereum Classic
      • Litecoin
      • Libra
      • Ripple
      • Coinbase
      • Huobi
      • IOTA
      • Monero
      • MECX Token
      • Cardano
      • NEO
      • NEM
      • ChainLink
      • Tether
      • Stellar
      • Cosmos
      • Tron
      • Dogecoin
      • UNUS
      • Tezos
      • EOS
      • Dash
      • USD Coin
      • Nexo
      • DC Forecasts
      • Vechain
    • Mining Calculator
      • Bitcoin Mining Calculator
    • WidgetsFree
      • RSS
      • Generator
    • Press Release
      • Bitcoin Press Release
Newsletter
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com
No Result
View All Result
21 Wednesday April 2021
Newsletter
  • News
    • Bitcoin News
      • Bitcoin News
      • Bitcoin Cash News
      • Bitcoin SV News
      • Bitcoin Scams
    • Altcoin News
      • Ethereum News
      • Litecoin News
      • Ripple News
      • Libra News
      • Coinbase Stock News
      • Binance News
      • Cardano News
      • Huobi News
      • Binance Coin News
      • Coinbase News
      • ChainLink News
      • IOTA News
      • Monero News
      • Ethereum Classic News
      • Dash News
      • Stellar News
      • Tether News
      • Tezos News
      • Tron News
      • Vechain News
      • Dogecoin News
      • Cosmos News
      • EOS News
      • NEM News
      • NEO News
      • Nexo News
      • Zcash News
      • UNUS News
      • USD Coin News
      • MECX Token News
      • Coronavirus News
    • Exchange News
    • Analysis
    • Blockchain News
    • Regulation
    • Press Releases
    • DC Forecasts
      • DC Forecasts Announcements
      • About
      • Daily News Video
      • EDUCATION & RESOURCES
      • Blockchain Archive
  • Education
    • Coronavirus Statistics
    • Cryptocurrency Education
      • 0x
      • Augur
      • Aurora
      • Basic Attention Token
      • Binance Coin
      • Bitcoin BTC
      • Bitcoin Cash
      • BITCOIN DIAMOND
      • Bitcoin Gold
      • Bitcoin SV
      • BitTorrent
      • Cardano
      • Chainlink
      • Cosmos
      • Crypto.com Chain
      • DASH
      • Decred
      • Dogecoin
      • Egretia
      • Energi
      • EOS
      • Ethereum
      • Ethereum Classic
      • Holo
      • Huobi Token
      • Litecoin
      • IOTA
      • Ripple
      • Stellar
      • Tether
      • Zcash
  • Markets
    • PriceIndexes
      • Bitcoin Price
      • Ethereum Price
      • Libra Price
      • Binance Price
      • Bitcoin Cash Price
      • Bitcoin SV Price
      • Cardano Price
      • IOTA Price
      • Crypto.com Chain Price
      • Coinbase Stock Price
      • Dash Price
      • Dogecoin Price
      • EOS Price
      • Ethereum Classic Price
      • NEO Price
      • Vechain Price
      • Litecoin Price
      • Huobi Price
      • Maker Price
      • Chainlink Price
      • Monero Price
      • Cosmos Price
      • NEM Price
      • Ontology Price
      • Ripple Price
      • Stellar Price
      • Tether Price
      • Tezos Price
      • Tron Price
      • UNUS SED LEO Price
      • USD Coin Price
      • Zcash Price
    • Cryptocurrency Calculator
      • Bitcoin Calculator
      • Ethereum Calculator
      • Litecoin Calculator
      • Ripple Calculator
      • Dash Calculator
      • Dogecoin Calculator
      • Stellar Calculator
      • Monero Calculator
      • Binance Calculator
      • Cardano Calculator
      • Huobi Calculator
      • Binance Coin Calculator
      • Chainlink Calculator
      • IOTA Calculator
      • Ethereum Classic Calculator
      • Tether Calculator
      • Tezos Calculator
      • Tron Calculator
      • Vechain Calculator
      • Cosmos Calculator
      • EOS Calculator
      • NEM Calculator
      • NEO Calculator
      • Nexo Calculator
      • Zcash Calculator
      • USD Coin Calculator
      • UNUS SED LEO Calculator
    • Reviews
    • Cryptocurrency Exchanges
      • United Kingdom
      • USA
      • Canada
      • South Korea
      • Israel
      • Singapore
      • Australia
      • Mexico
      • South Africa
      • Japan
      • India
  • Directory
    • Bitcoin Businesses
    • Bitcoin Broker
    • Bitcoin Casinos
  • Events
    • Blockchain Events News
  • More
    • NewsletterDaily or Weekly
      • Press Release
      • Blockchain
      • Cryptocurrency Exchange
      • Bitcoin
      • Bitcoin Scams
      • Bitcoin SV
      • Ethereum
      • Ethereum Classic
      • Litecoin
      • Libra
      • Ripple
      • Coinbase
      • Huobi
      • IOTA
      • Monero
      • MECX Token
      • Cardano
      • NEO
      • NEM
      • ChainLink
      • Tether
      • Stellar
      • Cosmos
      • Tron
      • Dogecoin
      • UNUS
      • Tezos
      • EOS
      • Dash
      • USD Coin
      • Nexo
      • DC Forecasts
      • Vechain
    • Mining Calculator
      • Bitcoin Mining Calculator
    • WidgetsFree
      • RSS
      • Generator
    • Press Release
      • Bitcoin Press Release
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com
No Result
View All Result
Bitcoin 24h
$55,503.40
+0.87%
Bitcoin 24h

$55,503.40
+484.80
+0.87%
Ethereum 24h
$2,296.99
+7.52%
Ethereum 24h

$2,296.99
+172.76
+7.52%
XRP 24h
$1.35
+7.17%
XRP 24h

$1.35
+0.10
+7.17%
Bitcoin Cash 24h
$931.43
+3.34%
Bitcoin Cash 24h

$931.43
+31.09
+3.34%
Chainlink 24h
$37.07
+3.63%
Chainlink 24h

$37.07
+1.34
+3.63%
Stellar 24h
$0.51
+4.33%
Stellar 24h

$0.51
+0.02
+4.33%
Cardano 24h
$1.25
+5.38%
Cardano 24h

$1.25
+0.07
+5.38%
Bitcoin SV 24h
$301.84
+5.53%
Bitcoin SV 24h

$301.84
+16.69
+5.53%
Litecoin 24h
$260.01
+4.24%
Litecoin 24h

$260.01
+11.02
+4.24%
Tezos 24h
$5.58
+5.06%
Tezos 24h

$5.58
+0.28
+5.06%
EOS 24h
$6.50
+2.12%
EOS 24h

$6.50
+0.14
+2.12%
Monero 24h
$405.12
+16.76%
Monero 24h

$405.12
+67.89
+16.76%
Neo 24h
$102.70
-0.37%
Neo 24h

$102.70
-0.38
-0.37%
TRON 24h
$0.13
+3.88%
TRON 24h

$0.13
+0.01
+3.88%
IOTA 24h
$2.22
+7.89%
IOTA 24h

$2.22
+0.18
+7.89%
Dash 24h
$317.29
+6.39%
Dash 24h

$317.29
+20.29
+6.39%
Ethereum Classic 24h
$32.97
+1.11%
Ethereum Classic 24h

$32.97
+0.37
+1.11%
Zcash 24h
$239.11
+5.21%
Zcash 24h

$239.11
+12.45
+5.21%
NEM 24h
$0.37
+5.13%
NEM 24h

$0.37
+0.02
+5.13%
Dogecoin 24h
$0.32
-20.75%
Dogecoin 24h

$0.32
-0.07
-20.75%
Binance USD 24h
$1.00
-0.01%
Binance USD 24h

$1.00
-0.00
-0.01%
Crypto.com Coin 24h
$0.20
+8.82%
Crypto.com Coin 24h

$0.20
+0.02
+8.82%
Cosmos 24h
$20.31
+9.27%
Cosmos 24h

$20.31
+1.88
+9.27%
Huobi Token 24h
$20.08
+11.37%
Huobi Token 24h

$20.08
+2.28
+11.37%
Maker 24h
$3,535.43
+5.72%
Maker 24h

$3,535.43
+202.28
+5.72%
Ontology 24h
$2.01
-0.61%
Ontology 24h

$2.01
-0.01
-0.61%
Tether 24h
$1.00
+0.02%
Tether 24h

$1.00
+0.00
+0.02%
UNUS SED LEO 24h
$2.18
+4.33%
UNUS SED LEO 24h

$2.18
+0.09
+4.33%
USD Coin 24h
$1.00
-0.00%
USD Coin 24h

$1.00
-0.00
-0.00%
VeChain 24h
$0.24
+2.91%
VeChain 24h

$0.24
+0.01
+2.91%
ADVERTISEMENT

Mastercard Executive Involved In Alleged Criminal Activity At FBME Bank

Stefan by Stefan
28/07/2020
in Analysis
2 min read
0
Mastercard executive, wirecard, crime
157
SHARES
2k
VIEWS
Share on FacebookTwitterWhatsappGmail
ADVERTISEMENT
ADVERTISEMENT

A MasterCard executive is reportedly involved in an alleged criminal activity at the FBME bank in Cyprus. The controversial German payments processor Wirecard, the company issuing several crypto debit cards was also implicated in the criminal report as we are now reading more in our latest cryptocurrency news.

Wirecard was implicated in a new criminal activity by a Mastercard executive that operates at the troubled FBME bank in Cyprus. Back in 2014, the United States Financial Crime Enforcement Network banned the US financial institutions from dealing with FBME right after the bank got accused of being used to “facilitate money laundering” transnational organized crime, fraud, terrorist financing, sanctions evasion and other illegal activities.”

The allegations included facilitating and processing money tied to the Syrian chemical weapons program and child sex abuse on the internet according to a The Times report. FBME is reported to have ties with Wirecard via an unnamed key client which has recently become involved in a scandal for being unable to account for $2.1 billion in cash in the company’s books. The uncovering of the missing funds spurred Wirecard to file for insolvency and even ended up in arresting the company’s CEO Markus Braun in Germany. The chief operating officer of Wirecard, Jan Marsalek is also allegedly hiding in Russia where he is relying on funds transferring using different cryptocurrencies.

Mastercard

ADVERTISEMENT

The unnamed Mastercard executive was accused by private investigators of money laundering using a system of “phantom transactions” designed to avoid detection from the anti-fraud and money-laundering checks. The system worked by pinging a phantom transaction between companies and diluting the incidence of red flag transactions with an artificially inflated volume of thousands of apparent transactions.

A spokesperson from the FBME bank dismissed the allegations as being unproven saying that the court has not found the findings to be supported by any evidence. A MasterCard spokesperson explained that none of the alleged links between FBME and Wirecard were proven and that they maintain “a rigorous enforcement process” for payment processors which can involve suspension of licenses. Wirecard is alleged to have miscoded gambling transactions and had a lot of stolen card purchases and reversed transactions.

Wirecard

Both Visa and Mastercard have been imposing fines on Wirecard in excess of $10 million over 10 years ago and some sources have claimed that Visa executives raised concerns about the German payments processor all the way since 2015. Wirecard is being investigated by the US Department of Justice over the role in the alleged $100 million bank-fraud conspiracy connected to the marijuana marketplace Eaze Technologies.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Tags: alleged criminal activitycriminal activityExecutivefbme bankmastercardmastercard executivewirecard
Share63Tweet39SendShare16
ADVERTISEMENT
Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

Related Posts

India’s ZebPay Expects To Make Up To $2B Worth Of Trades Per Month
Analysis

India’s ZebPay Expects To Make Up To $2B Worth Of Trades Per Month

20/03/2021
South Korean Capital, bitcoin price, btc
Analysis

South Korean Crypto Exchange Volume Surpasses The One Of Stocks

14/03/2021
artist m.i.a, nft,
Analysis

Google NFT Search Queries Surge 300%, Overtaking Defi Queries

13/03/2021
Five Crypto Experts
Analysis

Five Crypto Experts And Their Popular Opinions About Bitcoin

06/12/2020
expert believes internet economy bitcoin
Analysis

Expert Believes Bitcoin Will Soon Rule An Internet-Powered Economy

29/08/2020
feds arrested oyster, pearl, bruno, block
Analysis

PlusToken Core Members Finally Got Arrested In China: Report

30/07/2020

Discussion about this post

ADVERTISEMENT

  • Trending
  • Comments
  • Latest

VeChain Price Could Hit $9 In The Near Future: Analysis

09/02/2020
will tron reach

Will Tron Reach $1 In The Long Run: TRX Coin Price Prediction

29/04/2020

Will Cardano Reach $1,000 By 2025: Expert Review

11/05/2018
digital euro project

Digital Euro Project Favors IOTA Network More Than ETH Or XRP

21/06/2020

What Is Altcoin?

0
what is ethereum|What Is Etherum?

What Is Etherum?

0
What Is Cryptocurrency?

What Is Cryptocurrency?

0
thanksgiving weekend, bitcoin, btc, price

What Is Bitcoin?

0
doge day, dogecoin, price, musk

DOGE Day Was A Bust, The Price Dropped 20%: Price Analysis

21/04/2021
DOGE Holds Strong, dogecoin, price, level

DOGE Holds Strong Against Latest Flash Crash Over The Weekend

20/04/2021
ЕTH Resumes Drop, ethereum, price, level, bears

ЕTH Resumes Drop As The Bears Are Taking Control Again: Price Analysis

20/04/2021
Yearn Finance Bought Back, yfi, buyback, plan

Yearn Finance Bought Back $1 Million YFI In Planned Buyback Plan

20/04/2021
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Facebook Twitter Google+ Instagram Youtube
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com

DC Forecasts provides a comprehensive source of the latest news about cryptocurrency news daily. Read more on our about us page for details.

News By Topic

Quick Search

No Result
View All Result

DC Forecasts Services

  • About
  • Advertise
  • Submit Press Release
  • Press & Media
  • Events
  • Careers
  • Partners
  • Free Widgets
  • Contact Us

© 2020 DC Forecasts - All Rights Reserved | Terms & Conditions | Privacy Policy | Cookies | Comments Policy | Sitemap | Newsletters | AdChoices

No Result
View All Result
  • News
    • Bitcoin News
      • Bitcoin News
      • Bitcoin Cash News
      • Bitcoin SV News
      • Bitcoin Scams
    • Altcoin News
      • Ethereum News
      • Litecoin News
      • Ripple News
      • Libra News
      • Coinbase Stock News
      • Binance News
      • Cardano News
      • Huobi News
      • Binance Coin News
      • Coinbase News
      • ChainLink News
      • IOTA News
      • Monero News
      • Ethereum Classic News
      • Dash News
      • Stellar News
      • Tether News
      • Tezos News
      • Tron News
      • Vechain News
      • Dogecoin News
      • Cosmos News
      • EOS News
      • NEM News
      • NEO News
      • Nexo News
      • Zcash News
      • UNUS News
      • USD Coin News
      • MECX Token News
      • Coronavirus News
    • Exchange News
    • Analysis
    • Blockchain News
    • Regulation
    • Press Releases
    • DC Forecasts
      • DC Forecasts Announcements
      • About
      • Daily News Video
      • EDUCATION & RESOURCES
      • Blockchain Archive
  • Education
    • Coronavirus Statistics
    • Cryptocurrency Education
      • 0x
      • Augur
      • Aurora
      • Basic Attention Token
      • Binance Coin
      • Bitcoin BTC
      • Bitcoin Cash
      • BITCOIN DIAMOND
      • Bitcoin Gold
      • Bitcoin SV
      • BitTorrent
      • Cardano
      • Chainlink
      • Cosmos
      • Crypto.com Chain
      • DASH
      • Decred
      • Dogecoin
      • Egretia
      • Energi
      • EOS
      • Ethereum
      • Ethereum Classic
      • Holo
      • Huobi Token
      • Litecoin
      • IOTA
      • Ripple
      • Stellar
      • Tether
      • Zcash
  • Markets
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Libra Price
      • Binance Price
      • Bitcoin Cash Price
      • Bitcoin SV Price
      • Cardano Price
      • IOTA Price
      • Crypto.com Chain Price
      • Coinbase Stock Price
      • Dash Price
      • Dogecoin Price
      • EOS Price
      • Ethereum Classic Price
      • NEO Price
      • Vechain Price
      • Litecoin Price
      • Huobi Price
      • Maker Price
      • Chainlink Price
      • Monero Price
      • Cosmos Price
      • NEM Price
      • Ontology Price
      • Ripple Price
      • Stellar Price
      • Tether Price
      • Tezos Price
      • Tron Price
      • UNUS SED LEO Price
      • USD Coin Price
      • Zcash Price
    • Cryptocurrency Calculator
      • Bitcoin Calculator
      • Ethereum Calculator
      • Litecoin Calculator
      • Ripple Calculator
      • Dash Calculator
      • Dogecoin Calculator
      • Stellar Calculator
      • Monero Calculator
      • Binance Calculator
      • Cardano Calculator
      • Huobi Calculator
      • Binance Coin Calculator
      • Chainlink Calculator
      • IOTA Calculator
      • Ethereum Classic Calculator
      • Tether Calculator
      • Tezos Calculator
      • Tron Calculator
      • Vechain Calculator
      • Cosmos Calculator
      • EOS Calculator
      • NEM Calculator
      • NEO Calculator
      • Nexo Calculator
      • Zcash Calculator
      • USD Coin Calculator
      • UNUS SED LEO Calculator
    • Reviews
    • Cryptocurrency Exchanges
      • United Kingdom
      • USA
      • Canada
      • South Korea
      • Israel
      • Singapore
      • Australia
      • Mexico
      • South Africa
      • Japan
      • India
  • Directory
    • Bitcoin Businesses
    • Bitcoin Broker
    • Bitcoin Casinos
  • Events
    • Blockchain Events News
  • More
    • Newsletter
      • Press Release
      • Blockchain
      • Cryptocurrency Exchange
      • Bitcoin
      • Bitcoin Scams
      • Bitcoin SV
      • Ethereum
      • Ethereum Classic
      • Litecoin
      • Libra
      • Ripple
      • Coinbase
      • Huobi
      • IOTA
      • Monero
      • MECX Token
      • Cardano
      • NEO
      • NEM
      • ChainLink
      • Tether
      • Stellar
      • Cosmos
      • Tron
      • Dogecoin
      • UNUS
      • Tezos
      • EOS
      • Dash
      • USD Coin
      • Nexo
      • DC Forecasts
      • Vechain
    • Mining Calculator
      • Bitcoin Mining Calculator
    • Widgets
      • RSS
      • Generator
    • Press Release
      • Bitcoin Press Release

© 2020 DC Forecasts - All Rights Reserved | Terms & Conditions | Privacy Policy | Cookies | Comments Policy | Sitemap | Newsletters | AdChoices