News and Blogs

Belgian police seize 11.5T of cocaine in ‘largest overseas drug bust ever’

Read here: https://www.brusselstimes.com/news/belgium-all-news/justice-belgium/139361/belgian-police-seize-11-5t-of-cocaine-in-largest-overseas-drug-bust-ever-guyana-south-america-port-antwerp-gang-interception-narcotics-trafficking-belgium-record-breaking/

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Mansion hidden inside shed by convicted fraudster could be demolished by new owners

Read here: https://www.inyourarea.co.uk/news/mansion-hidden-inside-a-shed-by-convicted-fraudster-could-be-demolished-by-new-owners/

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TV Show: Catch Her If You Can

Watch here: https://www.bbc.co.uk/iplayer/episode/p08vwr8y/catch-her-if-you-can

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Chinese Fishing Fleet Leaves Ecuador, Chile, Peru Scrambling to Respond

Read here: https://www.insightcrime.org/news/analysis/china-fishing-fleet-response/

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AML Compliance and Enforcement: Much Maligned but on Path Toward Modernization

Read here: https://www.garp.org/#!/risk-intelligence/culture-governance/compliance/a1Z1W000005jg3RUAQ

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UK ‘Fusion Cell’ Deploys Financial Intelligence Against COVID-19 Crime Wave

Read here: https://www.moneylaundering.com/news/uk-fusion-cell-deploys-financial-intelligence-against-covid-19-crime-wave/

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Honduras Proves Fertile Ground for Coca

Read here: https://www.insightcrime.org/news/brief/coca-crops-flourish-honduras/

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OKEx denies rumblings of founder’s criminal detainment, withdrawals still closed

Read here: https://cointelegraph.com/news/okex-denies-rumblings-of-founder-s-criminal-detainment-withdrawals-still-closed

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Former Department of Justice Paralegal Pleads Guilty to Accessing and Releasing Sensitive, Non-Public Information

Read here: https://www.justice.gov/opa/pr/former-department-justice-paralegal-pleads-guilty-accessing-and-releasing-sensitive-non

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£1bn of fraudulent Covid scheme loans for businesses blocked

Read here: https://www.theguardian.com/money/2020/nov/05/1bn-worth-of-fraudulent-covid-scheme-loans-for-businesses-blocked

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Romance scams up nearly 20% amid coronavirus pandemic

Read here: https://abc7.com/romance-scams-online-fraud-scam-love/7684820/

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Latin America: Demand for Illegal Alcohol Claiming Hundreds of Lives Across Region

Read here: https://www.insightcrime.org/news/brief/illicit-alcohol-latin-america/

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Organized Crime Drug Enforcement Task Force Operations “Trap Mansion” and “Two Birds One Stone” Delivers Strong Blow to International Drug Smugglers

Read here: https://www.justice.gov/usao-edtx/pr/organized-crime-drug-enforcement-task-force-operations-trap-mansion-and-two-birds-one

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Former BC Liberal minister accused of letting gangs launder money in government casinos

Read here: https://globalnews.ca/news/7444953/rich-coleman-fred-pinnock-cullen-commission/

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UK Sanctions Statutory Instruments Review

Read here: https://www.ukfinance.org.uk/system/files/UK%20Sanctions%20Statutory%20Instruments%20Review%201.01.pdf

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United States Files A Civil Action To Forfeit Cryptocurrency Valued At Over One Billion U.S. Dollars

Read here: https://www.justice.gov/usao-ndca/pr/united-states-files-civil-action-forfeit-cryptocurrency-valued-over-one-billion-us

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State of play of EU-Iran relations and the future of the JCPOA

Read here: https://www.europarl.europa.eu/RegData/etudes/IDAN/2020/603515/EXPO_IDA(2020)603515_EN.pdf

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Canada’s Bombardier faces UK bribery probe over plane sales

Read here: https://uk.reuters.com/article/uk-bombardier-sfo-investigation/uks-sfo-probes-bombardier-for-suspected-bribery-corruption-in-indonesia-idUKKBN27L22U

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How a French Charity Built Ties with Pro-Assad Christian Militias

Read here: https://www.bellingcat.com/news/mena/2020/11/04/how-a-french-charity-built-ties-with-pro-assad-christian-militias/

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U.S. Law Enforcement Assists Brazilian Law Enforcement Takedown of Numerous Digital Piracy Sites and Apps Alleged to Have Caused Millions of Dollars in Losses to U.S. Media Companies

Read here: https://www.justice.gov/opa/pr/us-law-enforcement-assists-brazilian-law-enforcement-takedown-numerous-digital-piracy-sites

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Gold refinery threatens legal action against NGO

Read here: https://www.swissinfo.ch/eng/gold-refinery-threatens-legal-action-against-ngo/46141240

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Cardless ATMs Introduce New Account Takeover Fraud and Money Laundering Risks, FBI Says

Read here: https://www.oodaloop.com/archive/2020/11/05/cardless-atms-introduce-new-account-takeover-fraud-and-money-laundering-risks-fbi-says/

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Canada: Lotto Corp. let VIPs ‘bend’ anti-money laundering rules to protect casino revenue, B.C. inquiry told

Read here: https://globalnews.ca/news/7442738/bc-lottery-corp-vips-bend-rules-revenue-cullen-commission/

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Webinar – Kleptopia: How Dirty Money is Conquering the World – 8th Dec 2020 [14:30 UK time]

Read here: https://rusi.org/event/kleptopia-how-dirty-money-conquering-world

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Hong Kong police officer among 11 arrested over suspected money laundering involving more than HK$200 million

Read here: https://www.scmp.com/news/hong-kong/law-and-crime/article/3108673/hong-kong-police-officer-among-11-arrested-over

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Hiding in plain sight: Ending the corrupt abuse of anonymous corporate structures is a development imperative

Read here: https://blogs.worldbank.org/governance/hiding-plain-sight-ending-corrupt-abuse-anonymous-corporate-structures-development

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Lombard Bank to contest ‘each and every’ FIAU finding which led to fine

Read here: https://timesofmalta.com/articles/view/lombard-bank-to-contest-each-and-every-fiau-finding-which-led-to-fine.829858

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US regulator votes to lift regulated crowdfunding limit to $5 million

Read here: https://coingeek.com/us-regulator-votes-to-lift-regulated-crowdfunding-limit-to-5-million/

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Paradise Papers pulp giant faces profit-shifting accusations

Read here: https://www.icij.org/investigations/paradise-papers/paradise-papers-pulp-giant-faces-profit-shifting-accusations/

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E-money laundering in Japan nearly tripled in 2019, police say

Read here: https://www.japantimes.co.jp/news/2020/11/05/national/crime-legal/e-money-laundering-japan/

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Embattled ex-Geneva minister to face trial over Abu Dhabi visit

Read here: https://www.swissinfo.ch/eng/embattled-ex-geneva-minister-to-face-trial-over-abu-dhabi-visit/46138940

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Visa’s Planned $5.3B Purchase of Fintech Firm Plaid Challenged by US DOJ

Read here: https://www.coindesk.com/visa-plaid-acquisition-challenged-doj

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Property offers ready shelter for criminal wealth

Read here: https://www.ft.com/content/27af8b6f-b235-4850-b118-12f8cbf3981f

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Son of ex-Mauritanian President under investigation on alleged money laundering charges

Read here: https://northafricapost.com/44922-son-of-ex-mauritanian-president-under-investigation-on-alleged-money-laundering-charges.html

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From Sons to Ex-Wife, Corruption Scandals Plague Brazil President’s Family

Read here: https://www.insightcrime.org/news/analysis/bolsonaro-family-corruption-scandals/

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Tampa’s Gift Card King Gets 5 Years for Money Laundering, Loses Escalade, $690,000

Read here: https://www.shorenewsnetwork.com/2020/11/05/tampas-gift-card-king-gets-5-years-for-money-laundering-loses-escalade-690000/

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Nearly $1B from Silk Road Move for First Time Since 2015

Read here: https://ciphertrace.com/nearly-1b-from-silk-road-move-for-first-time-since-2015/

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Police restrain $6M worth of luxury vehicles and properties in sophisticated money laundering operation

Read here: https://www.police.govt.nz/news/release/police-restrain-6m-worth-luxury-vehicles-and-properties-sophisticated-money-laundering

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