How criminals do their banking

Billions of dollars are being stolen from individuals, businesses and governments … and banks are turning a blind eye. Kurt Eichenwald, senior investigative editor at The Conversation, joins host Krys Boyd to discuss his reporting into sham bank accounts being opened by crime rings with real and fake identities and the large profits they make for financial institutions. His article written with David Maimon is called “Heists Worth Billions.”

This episode originally aired July 5, 2023.