Tag: Cheng-Lim Li
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ING Subsidiary Payvision And Its Founder Prosecuted For Alleged Money Laundering And Cybercrime Facilitation!
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Lucas PetersonAccording to a report by De Nederlandsche Bank (DNB), criminal investigations have been launched against Payvision, the Dutch media outlet FD reports. The Amsterdam-based ING subsidiary allegedly deliberately neglected money laundering controls for years. The Dutch regulator DNB reportedly warned ING about the deficiencies several times but saw little improvement.…