Topic: financial crime

The main story on the front page of the 1 April 1976 issue of the Caymanian Compass was about four Jamaican nationals being charged...

Cayman police officers and staff from the anti-corruption commissioner's office have completed a new financial crime course, the first of its kind in the UK Overseas Territories.

Police arrested two Chilean nationals who were attempting to leave the Cayman Islands after allegedly being involved with financial crimes causing losses of about $78,000.

Following the trend of an overall increase in crime rates, the Cayman Islands saw new threats from cyber and financial crimes last year, as detailed in the 2023 statistics report from the Royal Cayman Islands Police Service.

Newly confirmed DPP Patrick Moran is leading the charge at the Office of the Director of Public Prosecutions to help those in the criminal justice system have to up their game as criminals get more sophisticated in their approach to breaking laws.

A new digital forensic hub is in the works to tackle the growing number of cybercrimes engaging the attention of the police.

The Royal Cayman Islands Police Service are investigating a complaint from a resident who was defrauded through a scam promising immediate profits.

Financial Crime detectives say new powers to arrest and charge people in possession of fake credit cards will help them stop scam artists at the border. Government amended the Penal Code during the last session of the LA in March to create the new crime of “possession of articles for use to defraud.”

A George Town man is now charged in connection with a fraud and money laundering investigation being conducted by the Royal Cayman Islands Police Financial Crime Unit.