News and Blogs

Cocaine, Crack, Meth, MDMA – Europe Drugs Report Paints Grim Picture

Read here: https://insightcrime.org/news/european-drug-report-paints-grim-picture/

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UK regulator warns Google about accepting scam adverts

Read here: https://www.theguardian.com/business/2021/jun/14/uk-regulator-warns-google-about-accepting-scam-adverts

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US: National Strategy for Countering Domestic Terrorism

Read here: https://www.whitehouse.gov/briefing-room/statements-releases/2021/06/15/fact-sheet-national-strategy-for-countering-domestic-terrorism/

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Deripaska Loses Lawsuit Challenging His Designation

Read here: https://brief.kharon.com/updates/deripaska-loses-lawsuit-challenging-his-designation/

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Global Corruption Barometer – European Union 2021

Read here: https://www.transparency.org/en/gcb/eu/european-union-2021

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UK Parliament to investigate Michael Gove’s ‘Orwellian’ FOI unit

Read here: https://www.opendemocracy.net/en/freedom-of-information/uk-parliament-to-investigate-michael-goves-orwellian-foi-unit/

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The Role and Responsibilities of Gatekeepers in the Fight against Illicit Financial Flows: A Unifying Framework

Read here: http://www3.weforum.org/docs/WEF_Gatekeepers_A_Unifying_Framework_2021.pdf

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Cuba Quietly Admits to Wildlife Trafficking Problem

Read here: https://insightcrime.org/news/cuba-quietly-admits-to-wildlife-trafficking-problem/

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Former Energy Broker Pleads Guilty to Insider Trading and Kickback Scheme

Read here: https://www.justice.gov/opa/pr/former-energy-broker-pleads-guilty-insider-trading-and-kickback-scheme

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Adviser to Costa Rica’s president resigns amid growing bribery scandal

Read here: https://news.trust.org/item/20210614233315-b5et0/

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CFO leaves Binance as exchange wades through regulatory hurdles

Read here: https://coingeek.com/cfo-leaves-binance-as-exchange-wades-through-regulatory-hurdles/

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Italy orders inquiry into Eni-Shell Nigeria corruption prosecutors

Read here: https://www.lse.co.uk/news/italy-orders-inquiry-into-eni-shell-nigeria-corruption-prosecutors-y5s5hjik83i3w68.html

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Frankfurt or Amsterdam? Sheffield cocaine smuggler ‘forgot’ where he had been

Read here: https://www.nationalcrimeagency.gov.uk/news/frankfurt-or-amsterdam-sheffield-cocaine-smuggler-forgot-where-he-had-been

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Daniel Morgan: Met Police accused of ‘form of corruption’ in report

Read here: https://www.bbc.co.uk/news/uk-57484219

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Everything Financial Institutions Need to Know About Cryptocurrency

Read here: https://ciphertrace.com/everything-financial-institutions-need-to-know-about-cryptocurrency-white-paper/

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Justice Department Recognizes World Elder Abuse Awareness Day; Files Cases Against Marketing Company and Executives Who Knowingly Facilitated Elder Fraud

Read here: https://www.justice.gov/opa/pr/justice-department-recognizes-world-elder-abuse-awareness-day-files-cases-against-marketing

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For lust and money: when online sexual encounters end in despair and death

Read here: https://www.scmp.com/week-asia/long-reads/article/3136544/lust-and-money-when-online-sexual-encounters-end-despair-and

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UK’s financial watchdog goes real-time to catch online criminals

Read here: https://uk.investing.com/news/stock-market-news/uks-financial-watchdog-goes-realtime-to-catch-online-criminals-2394546

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Philippines: AMLC freezes bank accounts of red-tagged farmers’ group

Read here: https://newsinfo.inquirer.net/1445038/amlc-freezes-bank-accounts-of-red-tagged-farmers-group

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IKEA fined €1 million over staff spying scandal, ex-France chief handed suspended sentence

Read here: https://www.france24.com/en/france/20210615-ikea-fined-€1-million-ex-france-chief-handed-suspended-sentence-over-staff-spying-scandal

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Huawei CFO seeks publication ban on HSBC documents in U.S. extradition case

Read here: https://www.reuters.com/article/usa-huawei-tech-canada/huawei-cfo-seeks-publication-ban-on-hsbc-documents-in-us-extradition-case-idUSL2N2NW1G3

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Six Arrested For Armed Robberies Of Jewellery Shops Across Europe

Read here: https://www.europol.europa.eu/newsroom/news/six-arrested-for-armed-robberies-of-jewellery-shops-across-europe

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South Korea: Crypto Exchanges to Be Designated as High-Risk Clients by Banks

Read here: https://btcmanager.com/south-korea-crypto-exchanges-banks/

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NCSC chief: Ransomware is more of a threat to Britain than hostile nations’ spies

Read here: https://www.theregister.com/2021/06/15/ncsc_chief_rusi_speech/

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Five Arrested Over Brazen Paris Bank Heist

Read here: https://www.europol.europa.eu/newsroom/news/five-arrested-over-brazen-paris-bank-heist

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Malaysian court rejects Najib Razak’s bid to halt bankruptcy order over unpaid US$420m tax bill

Read here: https://www.scmp.com/news/asia/southeast-asia/article/3137238/malaysian-court-rejects-najib-razaks-bid-halt-bankruptcy

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Why AUSTRAC wants NAB to clean up its act

Read here: https://www.afr.com/companies/financial-services/why-austrac-wants-nab-to-clean-up-its-act-20210614-p580tk

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IRS Is Targeting Illicit Bitcoin Trading on Telegram

Read here: https://decrypt.co/73599/irs-bitcoin-trading-crypto-telegram-money-laundering

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SARs IN ACTION: June 2021

Read here: https://www.nationalcrimeagency.gov.uk/who-we-are/publications/534-sars-in-action-issue-5-june-2021/file

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Germany ordered to buy secret tax data from Dubai

Read here: https://www.randrlife.co.uk/germany-ordered-to-buy-secret-tax-data-from-dubai/

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Bank of America spends over $1 billion per year on cybersecurity, CEO Brian Moynihan says

Read here: https://www.cnbc.com/2021/06/14/bank-of-america-spends-over-1-billion-per-year-on-cybersecurity.html

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Betting firms won £1.3m in stolen money from gambling addict

Read here: https://www.theguardian.com/society/2021/jun/14/betting-firms-won-13m-in-stolen-money-from-gambling-addict

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Iraq arrests two generals on suspicion of bribery at key port

Read here: https://www.france24.com/en/live-news/20210612-iraq-arrests-two-generals-on-suspicion-of-bribery-at-key-port

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High profile lawyer faces fresh fraud, money laundering charges in PNG

Read here: https://asiapacificreport.nz/2021/06/13/high-profile-lawyer-faces-fresh-fraud-money-laundering-charges-in-png/

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Myanmar Security Forces Using Western Surveillance Tech Against Civilians

Read here: https://www.occrp.org/en/37-ccblog/ccblog/14621-myanmar-security-forces-using-western-surveillance-tech-against-civilians

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Covid loan fraud fears as number of businesses struck off Companies House up by 743 per cent

Read here: https://www.cityam.com/covid-loan-fraud-fears-as-number-of-businesses-struck-off-companies-house-up-by-743-per-cent/

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Mexico Authorities on Alert After Millions of Rounds of Ammunition Stolen

Read here: https://insightcrime.org/news/mexico-authorities-on-alert-after-millions-of-rounds-of-ammunition-stolen/

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Montenegrin Tycoon’s Lawsuit Against Media Highlights a Trail of Controversial Deals

Read here: https://www.occrp.org/en/investigations/montenegrin-tycoons-lawsuit-against-media-highlights-a-trail-of-controversial-deals

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East London man who sought out drug dealers to earn cash in UK jailed

Read here: https://www.nationalcrimeagency.gov.uk/news/east-london-man-who-sought-out-drug-dealers-to-earn-cash-in-uk-jailed

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Switzerland: Controversial anti-terrorism law wins voter approval

Read here: https://www.swissinfo.ch/eng/controversial-anti-terrorism-law-set-for-voter-approval/46687348

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