News and Blogs

Multi-million euro illegal gambling activity remains unchecked in Malta

Read here: https://theshiftnews.com/2021/01/19/multi-million-euro-illegal-gambling-activity-remains-unchecked-in-malta/

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Aussie banks laundered $500m for cocaine cartels

Read here: http://communitywatch.com.au/2021/01/19/aussie-banks-laundered-500m-for-cocaine-cartels/

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Swedish banks formalise AML information sharing pact with police

Read here: https://www.finextra.com/newsarticle/37296/swedish-banks-formalise-aml-information-sharing-pact-with-police

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Barclays not liable for couple defrauded of £700,000

Read here: https://www.bbc.co.uk/news/uk-england-gloucestershire-55712418

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Kenyan trafficking survivor hopes to inspire in new leadership role

Read here: https://news.trust.org/item/20210118084139-pmwnc/

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Seven things to watch after historic anti-money laundering overhaul in the US

Read here: https://www.icij.org/investigations/fincen-files/seven-things-to-watch-after-historic-anti-money-laundering-overhaul-in-the-us/

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How Iran’s National Shipping Company Used Offshore Companies to Dodge U.S. Sanctions

Read here: https://sayari.com/blog/how-irans-national-shipping-company-used-offshore-companies-to-dodge-u-s-sanctions

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Crypto Crime Summarized: Scams and Darknet Markets Dominated 2020 by Revenue, But Ransomware Is the Bigger Story

Read here: https://blog.chainalysis.com/reports/2021-crypto-crime-report-intro-ransomware-scams-darknet-markets

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Kuwait: 6 gold companies suspected of money laundering

Read here: https://gulfnews.com/world/gulf/kuwait/kuwait-6-gold-companies-suspected-of-money-laundering-1.76579796

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Ten domestic helpers arrested in Hong Kong over bank accounts linked to money laundering and online scams

Read here: https://www.scmp.com/news/hong-kong/law-and-crime/article/3118365/ten-domestic-helpers-group-arrested-hong-kong-over

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Bitcoin Is Aiding the Ransomware Industry

Read here: https://www.coindesk.com/bitcoin-is-aiding-the-ransomware-industry

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British Virgin Islands’ governor launches inquiry into alleged corruption

Read here: https://www.theguardian.com/world/2021/jan/18/uk-launches-inquiry-alleged-corruption-british-virgin-islands

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Paper: billions of Venezuelan ‘suspicious funds’ in Swiss banks

Read here: https://www.swissinfo.ch/eng/business/paper–billions-of-venezuelan–suspicious-funds–in-swiss-banks/46293650

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Organised crime is infiltrating care sector, exploiting vulnerable clients

Read here: https://www.dutchnews.nl/news/2021/01/organised-crime-is-infiltrating-care-sector-exploiting-vulnerable-clients/

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Joker’s Stash, the Largest Carding Marketplace, Shuts Down

Read here: https://geminiadvisory.io/jokers-stash-shuts-down/

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Lessons from the swamps: turtle and orchid seizures inform hunt for smugglers

Read here: https://www.aspistrategist.org.au/lessons-from-the-swamps-turtle-and-orchid-seizures-inform-hunt-for-smugglers/

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More Traders Likely Face Charges in Danish Tax Investigations

Read here: https://www.bloomberg.com/news/articles/2021-01-18/more-traders-likely-face-charges-in-danish-cum-ex-investigations

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The Drug War: CIA vs DEA & the 10th anniversary of the Arab Spring

Watch here: https://www.rt.com/shows/watching-the-hawks/512664-cia-arab-spring-anniversary/

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Illicit tobacco trade: nearly 370 million cigarettes seized in 2020

Read here: https://ec.europa.eu/anti-fraud/media-corner/news/14-01-2021/illicit-tobacco-trade-nearly-370-million-cigarettes-seized-2020_en

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Secretary General warns of parallel crime pandemic in CNN interview

Read here: https://www.interpol.int/News-and-Events/News/2021/Secretary-General-warns-of-parallel-crime-pandemic-in-CNN-interview

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Razed mansion linked to alleged Hells Angels bust, suspected money launderers

Read here: https://lfpress.com/news/local-news/burning-questions-razed-luxury-home-had-links-to-alleged-biker-gambling-ring-crackdown-suspected-money-launderers-postmedia-finds

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In biggest Malaysia drug bust, narcotics worth $66.2m seized by Johor police

Read here: https://www.straitstimes.com/asia/se-asia/in-biggest-malaysia-drug-bust-narcotics-worth-623m-seized-by-johor-police

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Peru’s Keiko Fujimori says would pardon father if elected president

Read here: https://www.reuters.com/article/idUSKBN29N1HT

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AIB, Bank of Ireland, PTSB and KBC to explore deeper tech alliance

Read here: https://www.thetimes.co.uk/article/aib-bank-of-ireland-ptsb-and-kbc-to-explore-deeper-tech-alliance-lhtjzr3p8

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Gambino Crime Family Members Plead Guilty to Fraud Charges

Read here: https://www.occrp.org/en/daily/13653-gambino-crime-family-members-plead-guilty-to-fraud-charges

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How China’s ‘missing women’ problem has fuelled trafficking and forced marriage

Read here: https://www.scmp.com/comment/opinion/article/3117253/how-chinas-missing-women-problem-has-fuelled-trafficking-and-forced

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Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations

Read here: https://www.coindesk.com/bitcoin-miners-seized-electricity-iran

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Three victims of trafficking and modern slavery to sue Biffa

Read here: https://www.theguardian.com/law/2021/jan/14/three-victims-of-trafficking-and-modern-slavery-to-sue-biffa

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FCA clamps down on consumer investment harm

Read here: https://www.fca.org.uk/news/press-releases/fca-clamps-down-consumer-investment-harm

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Beyond the Shell Bukom heist, a deeper look at how marine fuel is stolen in Singapore

Read here: https://www.channelnewsasia.com/news/singapore/shell-bukom-heist-marine-fuel-bunker-theft-mpa-13829172

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In London – Osama bin Laden’s Spin Doctor Owns Mercedes and a $1.3M Home

Read here: https://www.albawaba.com/editors-choice/london-osama-bin-ladens-spin-doctor-owns-mercedes-and-13m-home-1404532

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Legally Speaking, is Digital Money Really Money?

Read here: https://blogs.imf.org/2021/01/14/legally-speaking-is-digital-money-really-money/

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FBI probing Capitol riot link to foreign governments, groups

Read here: https://www.aljazeera.com/news/2021/1/17/fbi-probing-capitol-riot-link-to-foreign-governments-groups

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6 Reasons Why the US Charged MS13 Leaders with Terrorism

Read here: https://www.insightcrime.org/news/analysis/ms13-leaders-terrorism/

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The implications of the end of the Brexit transition period on the JMLSG Guidance

Read here: https://jmlsg.org.uk/latest-news/the-implications-of-the-end-of-the-brexit-transition-period-on-the-jmlsg-guidance/

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Indonesian Company Admits To Deceiving U.S. Banks In Order To Trade With North Korea, Agrees To Pay A Fine Of More Than $1.5 Million

Read here: https://www.justice.gov/opa/pr/indonesian-company-admits-deceiving-us-banks-order-trade-north-korea-agrees-pay-fine-more-15

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Money laundering fears in NSW as poker machine profits surge in pandemic

Read here: https://www.smh.com.au/national/nsw/money-laundering-fears-in-nsw-as-poker-machine-profits-surge-in-pandemic-20210116-p56umw.html

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Extraterritorial sanctions on trade and investments and European responses

Read here: https://www.ceps.eu/ceps-publications/extraterritorial-sanctions-on-trade-and-investments-and-european-responses/

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Mt. Gox Creditors Can Claim 90% of Bitcoin Left in Bankruptcy: Bloomberg

Read here: https://www.coindesk.com/mt-gox-creditors-can-claim-90-of-bitcoin-owed-under-pact-reached-with-coinlab-bloomberg

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Furlough alert: Warning as fraud reports to HMRC spiral to over 21,000 – impacts explored

Read here: https://www.express.co.uk/finance/personalfinance/1384167/furlough-UK-HMRC-fraud-reports-hotline-payments-calculator-extension-2021

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