News and Blogs

UK art trade questions who benefits from England’s planned freeport bonanza

Read here: https://www.theartnewspaper.com/news/freeport-bonanza-in-britain

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Hong Kong police, stock regulator freeze HK$900 million, arrest 12 in joint crackdown on ‘ramp and dump’ investment scam

Read here: https://www.scmp.com/news/hong-kong/law-and-crime/article/3124205/hong-kong-police-stock-regulator-freeze-hk900-million

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Hong Kong won’t appeal ex-JPMorgan banker bribery acquittal

Read here: https://www.fnlondon.com/articles/hong-kong-wont-appeal-ex-jpmorgan-banker-bribery-acquittal-20210304

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BitMEX’s Arthur Hayes and Ben Delo negotiate surrender to U.S. authorities

Read here: https://cointelegraph.com/news/bitmex-s-arthur-hayes-and-ben-delo-negotiate-surrender-to-u-s-authorities

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How A Kerala Man Smuggled Around 200 Captive Elephants Using Forged Documents, Micro Chips

Read here: https://www.indiatimes.com/news/india/kerala-man-smuggled-captive-elephants-using-forged-documents-micro-chips-535440.html

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Cryptocurrency Fraudster Pleads Guilty to Securities Fraud and Money Laundering Charges in Multi-Million Dollar Investment Scheme

Read here: https://www.justice.gov/opa/pr/cryptocurrency-fraudster-pleads-guilty-securities-fraud-and-money-laundering-charges-multi

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Legal aid fraudsters fail to set aside £5m judgment

Read here: https://www.lawgazette.co.uk/news/legal-aid-fraudsters-fail-to-set-aside-5m-judgment/5107626.article

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Estimating the Financial Costs of Crime Victimization: Study Delineates Research Needs To Inform Victim Services Policies, Programs

Read here: https://nij.ojp.gov/topics/articles/estimating-financial-costs-crime-victimization-study-delineates-research-needs

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Coinbase Transactions Under Review by U.S. Sanctions Enforcer

Read here: https://www.wsj.com/articles/coinbase-transactions-under-review-by-u-s-sanctions-enforcer-11614803086

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U.S. ‘Deeply Concerned’ After Kyrgyz ‘Crime Boss’ Released From Detention

Read here: https://www.rferl.org/a/kyrgyz-crime-boss-released-from-detention/31131630.html

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FINTRAC imposes an administrative monetary penalty on C&Z Holdings Ltd

Read here: https://www.fintrac-canafe.gc.ca/new-neuf/nr/2021-03-04-eng

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Cyprus to lift veil of secrecy with register of company owners

Read here: https://www.reuters.com/article/cyprus-companies-aml/cyprus-to-lift-veil-of-secrecy-with-register-of-company-owners-idUSL8N2KV1UV

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Crimean Opera House Pulls Back Curtains On Russian Sanctions Loophole

Read here: https://www.rferl.org/a/crimean-opera-house-exposes-russian-sanctions-loophole/31131887.html

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Contract killer sentenced to life imprisonment in Hungary with Eurojust’s support

Read here: https://www.eurojust.europa.eu/contract-killer-sentenced-life-imprisonment-hungary-eurojusts-support

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Malaysia police investigating spouse of ex-central bank boss over 1MDB funds

Read here: https://www.reuters.com/article/us-malaysia-politics-1mdb-idUSKBN2AV1L7

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Global Programme for Combating Wildlife and Forest Crime – Annual Report 2020

Read here: https://www.unodc.org/documents/Wildlife/Annual_Report_GPWLFC2020.pdf

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German Financial Regulator Refers Greensill Matters to Criminal Prosecutors

Read here: https://www.wsj.com/articles/greensill-capital-planning-to-file-for-insolvency-in-u-k-this-week-11614768903

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UK tax evasion crackdown expected to net £2.2bn

Read here: https://www.ft.com/content/cc113bc6-9609-4157-85dd-ccc0162426e2

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Chasing Brazil’s Premier Money Launderer

Read here: https://insightcrime.org/investigations/chasing-brazil-premier-money-launderer/

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OnlyFans ‘Suspicious Activity Reports’ Mostly Show that Banks Hate Sex Work

Read here: https://www.vice.com/en/article/pkd5eb/onlyfans-suspicious-activity-reports-leo-radvinsky

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Venezuelan Intelligence Monitored Citgo Executives in U.S. – Court Testimony

Read here: https://www.usnews.com/news/top-news/articles/2021-03-02/exclusive-venezuelan-intelligence-monitored-citgo-executives-in-us-court-testimony

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Taiwanese authorities charge 32 people with laundering US$4.4 billion via massive online gambling operation

Read here: https://www.asgam.com/index.php/2021/03/05/taiwanese-authorities-charge-32-people-with-laundering-us4-4-billion-via-massive-online-gambling-operation/

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U.S. blocked Myanmar junta attempt to empty $1 billion New York Fed account

Read here: https://www.reuters.com/article/us-myanmar-politics-usa-fed-exclusive-idUSKCN2AW2MD

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Venezuela sent gold to Mali, UAE for cash, opposition claims

Read here: https://www.aljazeera.com/economy/2021/3/3/venezuela-sent-gold-to-mali-uae-for-cash-opposition-claims

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Van drivers jailed for 28 years over £3million cocaine smuggling plot

Read here: https://nationalcrimeagency.gov.uk/news/van-drivers-jailed-for-28-years-over-3million-cocaine-smuggling-plot

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Singapore regulator tells banks to monitor Myanmar fund flows after coup

Read here: https://www.reuters.com/article/myanmar-politics-singapore-cenbank/singapore-regulator-tells-banks-to-monitor-myanmar-fund-flows-after-coup-idUSL3N2L112B

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Italian mafia trial could expose underbelly of massive EU fraud

Read here: https://www.politico.eu/article/italian-mafia-trial-could-expose-underbelly-of-massive-eu-fraud/

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Geolocation Helps Crypto Exchanges’ Fight Financial Crime

Read here: https://www.pymnts.com/news/security-and-risk/2021/geolocation-helps-crypto-exchanges-fight-financial-crime/

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How will the Luxembourg leaks impact UK offshore crackdown?

Read here: https://international-adviser.com/how-will-the-luxembourg-leaks-impact-uk-offshore-crackdown/

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Fitchburg Man Charged with Money Laundering and Illegal Money Transmission for Converting Cash to Bitcoin

Read here: https://www.justice.gov/usao-ma/pr/fitchburg-man-charged-money-laundering-and-illegal-money-transmission-converting-cash

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Blockchain Sleuth Says OKEx, Huobi Stonewalled Him in Child Sexual Exploitation Material (CSEM) Investigation

Read here: https://www.coindesk.com/cipherblade-okex-huobi-csem-morphtoken

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Italian Mafia Bets on Illegal Online Gambling

Read here: https://www.occrp.org/en/daily/13985-italian-mafia-bets-on-illegal-online-gambling

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Trust company fined $835,000 for opening ‘gateway to possible money laundering’ in Angola

Read here: https://www.icij.org/investigations/paradise-papers/trust-company-fined-835000-for-opening-gateway-to-possible-money-laundering-in-angola/

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ING acknowledges decision by French financial regulator [fine of €3 million for AML shortcomings]

Read here: https://www.ing.com/Newsroom/News/ING-acknowledges-decision-by-French-financial-regulator.htm

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Deloitte to pay Malaysia $80 million to settle claims linked to 1MDB

Read here: https://www.reuters.com/article/us-malaysia-politics-1mdb-deloitte/deloitte-to-pay-malaysia-80-million-to-settle-claims-linked-to-state-fund-1mdb-idUSKBN2AV10Y

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Joining the spots: leopard print fashion and big cat conservation

Read here: https://www.ox.ac.uk/news/2021-03-03-joining-spots-leopard-print-fashion-and-big-cat-conservation

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Police raid 11 addresses in London, Essex and Kent as part of ‘rent-a-gun’ investigation

Read here: https://news.met.police.uk/news/police-raid-11-addresses-in-london-essex-and-kent-as-part-of-rent-a-gun-investigation-422419

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New research uncovers tactics used by County Lines drug networks during UK lockdowns

Read here: https://www.nottingham.ac.uk/news/new-research-uncovers-tactics-used-by-county-lines-drug-networks-during-uk-lockdowns

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Human Trafficking Corridors in Canada

Read here: https://www.canadiancentretoendhumantrafficking.ca/wp-content/uploads/2021/02/Human-Trafficking-Corridors-in-Canada-Report.pdf

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