News and Blogs

Bid to make gambling companies liable for stolen money

Read here: https://www.smh.com.au/national/bid-to-make-gambling-companies-liable-for-stolen-money-20200813-p55lby.html

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US Coast Guard To Tackle China’s ‘Illegal’ Fishing

Read here: https://theaseanpost.com/article/us-coast-guard-tackle-chinas-illegal-fishing

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U.S. Out to Seize Jet Entrepreneur’s $22 Million Bel Air Mansion

Read here: https://www.bloomberg.com/news/articles/2020-10-23/u-s-out-to-seize-jet-entrepreneur-s-22-million-bel-air-mansion

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FBI Investigated Extortion Attempt Over Allegedly Negative Ripple Videos

Read here: https://www.coindesk.com/fbi-investigated-extortion-attempt-against-ripple-about-allegedly-negative-videos

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‘La Bomba Sexy’ reignites Vatican sex and bribery scandal

Read here: https://www.thetimes.co.uk/article/la-bomba-sexy-reignites-vatican-sex-and-bribery-scandal-7sb7ct8wd

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European Commission Opposes Crypto Fraud Compensation Fund: Victims Say Commission Cozying up to the Industry

Read here: https://news.bitcoin.com/european-commission-opposes-crypto-fraud-compensation-fund-victims-say-commission-cozying-up-to-the-industry/

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UBS Cuts Ties With Ivory Coast Clients, SonntagsZeitung Reports

Read here: https://www.bloomberg.com/news/articles/2020-10-25/ubs-cuts-ties-with-ivory-coast-clients-sonntagszeitung-reports

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Canada: Civil forfeiture office alleges $2M Surrey home was used to launder cannabis money

Read here: https://www.mapleridgenews.com/news/civil-forfeiture-office-alleges-2m-surrey-home-was-used-to-launder-cannabis-money/

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Jihadi Insurgency in Mozambique Grows in Sophistication and Reach

Read here: https://ctc.usma.edu/jihadi-insurgency-in-mozambique-grows-in-sophistication-and-reach/

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Textiles Contraband Surges in Colombia as Convenient Money Laundering Tactic

Read here: https://www.insightcrime.org/news/brief/textile-contraband-colombia-money-laundering/

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Jihadist Radicalisation: An Individual Arrested In Spain For Spreading Terrorist Propaganda Online

Read here: https://www.europol.europa.eu/newsroom/news/jihadist-radicalisation-individual-arrested-in-spain-for-spreading-terrorist-propaganda-online

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States on the cusp: Overcoming illicit trade’s corrosive effects in developing economies

Read here: https://www.atlanticcouncil.org/in-depth-research-reports/states-on-the-cusp/

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$10 billion crypto firm Ripple considers relocating to London over U.S. regulation

Read here: https://www.cnbc.com/2020/10/23/crypto-firm-ripple-considers-relocating-to-london-over-us-regulation.html

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Kent (UK) man jailed for involvement in concealing cocaine in customised exhaust pipes

Read here: https://nationalcrimeagency.gov.uk/news/kent-man-jailed-for-involvement-in-concealing-cocaine-in-customised-exhaust-pipes

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Lithuania: Ex-Deputy Speaker of Parliament Charged after OCCRP Partner Investigations

Read here: https://www.occrp.org/en/daily/13305-lithuania-ex-deputy-speaker-of-parliament-charged-after-occrp-partner-investigations

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Treasury Sanctions Russian Government Research Institution Connected to the Triton Malware

Read here: https://home.treasury.gov/news/press-releases/sm1162

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UK: Call for evidence, Economic Crime

Read here: https://committees.parliament.uk/call-for-evidence/282/economic-crime/

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Spain: Gun seized during arrest of John Gilligan probed for link to murder of Veronica Guerin

Read here: https://www.independent.ie/irish-news/crime/gun-seized-during-arrest-of-john-gilligan-probed-for-link-to-murder-of-veronica-guerin-39659156.html

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Australian miners join Bribery Prevention Network

Read here: https://www.mining.com/australian-miners-join-bribery-prevention-network/

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Attack of the bots! Paxful fights off thousands of automated threats

Read here: https://cointelegraph.com/news/attack-of-the-bots-paxful-fights-off-thousands-of-automated-threats

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Anti-Money Laundering Agency Keeps Pakistan on Watch List

Read here: https://www.bloomberg.com/news/articles/2020-10-23/anti-money-laundering-agency-keeps-pakistan-on-its-watch-list

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Drug Tunnel Discovery Highlights Battle for Mexico City’s Largest Market

Read here: https://www.insightcrime.org/news/brief/drug-tunnel-battle-mexico-city-market

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Money Reimagined: ‘They Starve’: The Ugly Side of the US’ KYC-AML Obsession

Read here: https://www.coindesk.com/money-reimagined-ugly-side-kyc-aml-obsession

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Mexico City Braces for Impact from Jalisco Cartel Advance

Read here: https://www.insightcrime.org/news/analysis/mexico-city-jalisco-cartel-impact

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Agencies (FinCEN and FSB) Invite Comment on Proposed Rule under Bank Secrecy Act

Read here: https://www.fincen.gov/news/news-releases/agencies-invite-comment-proposed-rule-under-bank-secrecy-act

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FATF: Outcomes FATF Plenary, 21-23 October 2020

Read here: http://www.fatf-gafi.org/publications/fatfgeneral/documents/outcomes-fatf-plenary-october-2020.html

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FATF: Public Statement on Counter Proliferation Financing

Read here: http://www.fatf-gafi.org/publications/financingofproliferation/documents/statement-proliferation-financing-2020.html

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Four Mexican drug cartels top buyers and traffickers of Colombian cocaine, official says

Read here: https://uk.reuters.com/article/us-colombia-mexico-drugs/four-mexican-drug-cartels-top-buyers-and-traffickers-of-colombian-cocaine-official-says-idUSKBN2772G6

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Spanish Police Arrest Head of Billion-Dollar Crypto Arbitrage Platform on Fraud Allegations

Read here: https://www.coindesk.com/arbistar-operator-arrested-crypto-ponzi

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How an Irrepressible Serbian Arms Dealer Found a Conduit to Saudi Arabia through Qatar

Read here: https://www.occrp.org/en/the-fincen-files/how-an-irrepressible-serbian-arms-dealer-found-a-conduit-to-saudi-arabia-through-qatar

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How covert surveillance of drug syndicate ‘gofer’ exposed alleged money laundering service

Read here: https://www.stuff.co.nz/national/crime/123187632/how-covert-surveillance-of-drug-syndicate-gofer-exposed-alleged-money-laundering-service

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IMF concerned over post-COVID social unrest across Latin America – official

Read here: https://news.trust.org/item/20201022222757-gs7k8

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South Korean gov’t doesn’t know who will protect crypto exchanges from Kim Jong-Un’s hackers

Read here: https://cointelegraph.com/news/south-korean-gov-says-it-won-t-protect-crypto-exchanges-from-kim-jong-un-s-hackers

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Taiwan’s UMC hopes to conclude US trade-secret lawsuit soon with US$60 million settlement

Read here: https://www.scmp.com/tech/gear/article/3106739/taiwans-umc-hopes-conclude-us-trade-secret-lawsuit-soon-us60-million

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Nord Stream 2 developer tight-lipped on schedule after new US sanctions move

Read here: https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/102120-nord-stream-2-developer-tight-lipped-on-schedule-after-new-us-sanctions-move

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Bitcoin Is Helping Undocumented Immigrants Send Money Home

Read here: https://decrypt.co/46019/bitcoin-helping-undocumented-immigrants-send-money

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Rights group seeks to use UK sanctions to stop abuse of Turkish lawyers

Read here: https://www.theguardian.com/world/2020/oct/22/rights-group-seeks-uk-sanctions-stop-abuse-turkish-lawyers

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Two arrested over £400k cocaine find in protein powder

Read here: https://nationalcrimeagency.gov.uk/news/two-arrested-over-400k-cocaine-find-in-protein-powder

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Financing terrorism gets more sophisticated, endangers remittances for ordinary Syrians

Read here: https://syriadirect.org/news/financing-terrorism-gets-more-sophisticated-endangers-remittances-for-ordinary-syrians

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ASIC boss James Shipton stands aside as Treasury investigates $118,000 tax advice payment

Read here: https://www.theguardian.com/australia-news/2020/oct/23/asic-boss-james-shipton-stands-aside-as-treasury-investigates-118000-tax-advice-payment

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