News and Blogs

BSI didn’t report suspicious SRC transactions to Singapore authorities, court told

Read here: https://www.freemalaysiatoday.com/category/nation/2024/03/05/bsi-didnt-report-suspicious-src-transactions-to-spore-authorities-court-told/

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Round Up: UK hosts world’s first Global Fraud Summit

UK Hosts World Leaders For First Global Fraud Summit International ministers agreed new actions to take down fraudsters as the first ever Global Fraud Summit began. Home Secretary James Cleverly […]

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Honduras ‘Narco-State’ on Trial in US

Read here: https://insightcrime.org/news/honduras-narco-state-on-trial-in-us/

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Brazil in a Cross-Continent Crusade to Rescue its Wildlife from the Clutches of Illegal Trade

Read here: https://latinamericanpost.com/americas/politics/brazil-in-a-cross-continent-crusade-to-rescue-its-wildlife-from-the-clutches-of-illegal-trade/

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How Do Crypto Flows Finance Slavery? The Economics of Pig Butchering

Read here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4742235

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Fake Fashion: Who really pays the price for your Fake Fashion?

Watch here: https://www.youtube.com/watch?v=jd7wH3FUrs4

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Biden’s new sanctions on Russia should include timber exports

Read here: https://news.mongabay.com/2024/02/bidens-new-sanctions-on-russia-should-include-timber-exports-commentary/

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Non-Profit Housing Official Accused of Stealing Houses From Low-Income Detroit Residents

Read here: https://www.occrp.org/en/daily/18517-non-profit-housing-official-accused-of-stealing-houses-from-low-income-detroit-residents

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Over 260 tonnes of Russian timber entered Belgium in breach of EU sanctions

Read here: https://www.brusselstimes.com/belgium/947366/over-26-tonnes-of-russian-timber-entered-belgium-in-breach-of-eu-sanctions

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Property tycoon accused of embezzling $16 billion in Vietnam’s biggest fraud case

Read here: https://www.straitstimes.com/business/property-tycoon-accused-of-embezzling-16-billion-in-vietnam-s-biggest-fraud-case

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Former Venezuelan Military Official Pleads Guilty to Money Laundering and Bribery Scheme

Read here: https://www.justice.gov/opa/pr/former-venezuelan-military-official-pleads-guilty-money-laundering-and-bribery-scheme

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Netherlands: Public Prosecution Service seized over €364 million of criminal money flows in 2023

Read here: https://nltimes.nl/2024/03/02/public-prosecution-service-seized-eu364-million-criminal-money-flows-2023

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Drug Mafia Boss, 16 Accomplices Convicted in Amsterdam

Read here: https://www.occrp.org/en/daily/18515-drug-mafia-boss-16-accomplices-convicted-in-amsterdam

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EU Parliament votes to criminalise most serious cases of ecosystem destruction

Read here:https://www.euronews.com/green/2024/02/27/revolutionary-eu-criminalises-the-most-serious-cases-of-ecosystem-destruction https://www.euronews.com/green/2024/02/27/revolutionary-eu-criminalises-the-most-serious-cases-of-ecosystem-destruction

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Boeing agrees to pay $51m over export violations in China and other countries

Read here: https://www.theguardian.com/business/2024/feb/29/boeing-settles-export-violations-china

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Gunvor Pleads Guilty to Scheme to Bribe Ecuadorian Officials and Ordered to Pay Over $600 Million in Criminal Penalties

Read here: https://www.justice.gov/usao-edny/pr/gunvor-sa-pleads-guilty-scheme-bribe-ecuadorian-officials-and-ordered-pay-over-600 Read here also: https://www.justice.gov/opa/pr/commodities-trading-company-will-pay-over-661m-resolve-foreign-bribery-case

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UAE Removed from FATF Grey List, Despite Evidence of Role in Illicit Arms and Gold Trade

Read here: https://thesentry.org/2024/02/23/80513/uae-removed-from-fatf-grey-list-despite-evidence-of-role-in-illicit-arms-and-gold-trade/

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Wolfsberg’s publication of the updated Country Risk FAQs

Read here: https://wolfsberg-group.org/news/62

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UK court finds Mozambique president cannot be sued in UK over bribery allegations

Read here: https://www.jurist.org/news/2024/03/uk-court-finds-mozambique-president-cannot-be-sued-in-uk-over-bribery-allegations/

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Former crypto director banned from leaving Australia after Blockchain Global collapsed owing $58m

Read here: https://www.theguardian.com/technology/2024/feb/29/former-crypto-director-banned-from-leaving-australia-after-blockchain-global-collapsed-owing-58m

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Agreement to extend the joint investigation team into alleged core international crimes in Ukraine for two years

Read here: https://www.eurojust.europa.eu/news/agreement-extend-joint-investigation-team-alleged-core-international-crimes-ukraine-two-years

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Europol supports EPPO investigation into EUR 195 million VAT fraud scheme

Read here: https://www.europol.europa.eu/media-press/newsroom/news/europol-supports-eppo-investigation-eur-195-million-vat-fraud-scheme

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Commodities Trading Company [Gunvor] Will Pay Over $661M to Resolve Foreign Bribery Case

Read here: https://www.justice.gov/opa/pr/commodities-trading-company-will-pay-over-661m-resolve-foreign-bribery-case Information: https://www.justice.gov/opa/media/1341016/dl?inline Plea Agreementhttps://www.justice.gov/opa/media/1341011/dl?inline

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Russian International Money Launderer Pleads Guilty to Illicitly Procuring Large Quantities of U.S.-Manufactured Dual-Use, Military Grade Microelectronics for Russian Entities

Read here: https://www.justice.gov/opa/pr/russian-international-money-launderer-pleads-guilty-illicitly-procuring-large-quantities-us

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Fear of regulator visits spurred banks to shut accounts, says UK minister

Read here: https://uk.news.yahoo.com/uk-inquiry-finds-banks-shut-223201108.html

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53 members of a criminal organisation arrested for sports corruption in Spain

Read here: https://www.europol.europa.eu/media-press/newsroom/news/53-members-of-criminal-organisation-arrested-for-sports-corruption-in-spain

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The Secrets Factory: Registered Agents Inc. has for years allowed businesses to register under a cloak of anonymity

Read here: https://www.wired.com/story/registered-agents-inc-fake-personas/

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Welcome to the Era of BadGPTs

Read here: https://www.wsj.com/articles/welcome-to-the-era-of-badgpts-a104afa8

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Building Resilience: UNODC’s Multifaceted Approach to Empower Iraq Against Financial Crimes

Read here: https://www.unodc.org/romena/en/Stories/2024/February/building-resilience_-unodcs-multifaceted-approach-to-empower-iraq-against-financial-crimes.html

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India- and New Jersey-Based Jeweler Charged with Multimillion-Dollar International Trade Fraud Scheme and Unlicensed Money Transmitting

Read here: https://www.justice.gov/usao-nj/pr/india-and-new-jersey-based-jeweler-charged-multimillion-dollar-international-trade-fraud

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Personal Pilot To Billionaire Investor Joseph Lewis Pleads Guilty To Insider Trading Scheme

Read here: https://www.justice.gov/usao-sdny/pr/personal-pilot-billionaire-investor-joseph-lewis-pleads-guilty-insider-trading-scheme

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British Virgin Islands: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism

Read here: https://www.imf.org/en/Publications/CR/Issues/2024/02/26/British-Virgin-Islands-Detailed-Assessment-Report-on-Anti-Money-Laundering-and-Combating-545265

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Beyond China: How Other Countries Provide Precursor Chemicals to Mexico

Read here: https://insightcrime.org/investigations/beyond-china-other-countries-provide-precursor-chemicals-mexico/

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Behind a Secretive Global Network of Non-Consensual Deepfake Pornography

Read here: https://www.bellingcat.com/news/2024/02/23/behind-a-secretive-global-network-of-non-consensual-deepfake-pornography/

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The spies stalking British justice

Read here: https://www.thebureauinvestigates.com/stories/2023-03-11/the-spies-stalking-british-justice/

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Alexei Navalny describes ‘corrupt officials’ living in London helping Putin in never-before-seen interview

Read here: https://news.sky.com/story/alexei-navalny-describes-corrupt-officials-in-london-helping-putin-in-never-before-seen-interview-13080907

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OFSI refreshes its guidance for the maritime sector

Read here: https://ofsi.blog.gov.uk/2024/02/28/ofsi-refreshes-its-guidance-for-the-maritime-sector/

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King and Queen of the Belgians visit Europol

Read here: https://www.europol.europa.eu/media-press/newsroom/news/their-majesties-king-and-queen-of-belgians-visit-europol

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Treasury Sanctions Companies and Individuals Advancing Russian Malign Activities in Africa

Read here: https://home.treasury.gov/news/press-releases/jy2164

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