News and Blogs

From Whoppers to Magnums: The firms staying put in Russia despite Ukraine war

Read here: https://news.sky.com/story/from-whoppers-to-magnums-the-firms-staying-put-in-russia-despite-ukraine-war-13190468

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Cryptonator founder indicted after platform found handling $235 million in illicit funds

Read here: https://therecord.media/cryptonator-cryptocurrency-exchange-founder-indictment

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What’s the Point of the Financial Action Task Force Standards?

Read here: https://rusi.org/explore-our-research/publications/commentary/whats-point-financial-action-task-force-standards

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PSR publishes latest Authorised Push Payment (APP) fraud performance data

Read here: https://www.psr.org.uk/information-for-consumers/app-fraud-performance-data/

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Italian authorities seize €121 million from Amazon for alleged tax fraud and worker exploitation

Read here: https://www.euronews.com/my-europe/2024/07/24/italian-police-seize-121-million-of-amazon-stock-for-alleged-tax-fraud

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How Visa employed artificial intelligence to check $40 billion in fraud as scammers also take to AI

Read here: https://www.cnbc.com/2024/07/26/ai-and-machine-learning-helped-visa-combat-40-billion-in-fraud-activity.html

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The bombshell legal ruling that made it impossible for Australia to delay sanctions against Israeli settlers

Read here: https://www.theguardian.com/australia-news/article/2024/jul/25/australia-israel-sanctions-gaza-war-ruling-icj

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Armenian Deputy Minister May Have Conflict of Interest in Ski Resort Project

Read here: https://www.occrp.org/en/daily/18918-armenian-deputy-minister-may-have-conflict-of-interest-in-ski-resort-project

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Zambia’s president shocks by firing the entire board of the country’s anti-corruption commission

Read here: https://www.icij.org/inside-icij/2024/07/zambias-president-shocks-by-firing-the-entire-board-of-the-countrys-anti-corruption-commission/

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Self-Proclaimed “Wolf Of Airbnb” Sentenced To 51 Months In Prison In Connection With Paycheck Protection Program (“PPP”) And Real Estate Fraud Scheme

Read here: https://www.justice.gov/usao-sdny/pr/self-proclaimed-wolf-airbnb-sentenced-51-months-prison-connection-ppp-and-real-0

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As Government Pressure Mounts, Ecuador’s Armed Gangs Strike Gold

Read here: https://insightcrime.org/news/as-government-pressure-mounts-ecuadors-armed-gangs-strike-gold/

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Chinese National Indicted for Importation of Enough Chemicals to Make Millions of Fatal Doses of Fentanyl

Read here: https://www.justice.gov/opa/pr/chinese-national-indicted-importation-enough-chemicals-make-millions-fatal-doses-fentanyl

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85 arrests and over 6,400 objects recovered during annual operation against international art trafficking

Read here: https://www.europol.europa.eu/media-press/newsroom/news/85-arrests-and-over-6-400-objects-recovered-during-annual-operation-against-international-art-trafficking

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Combating Financial Sextortion Scams From Nigeria: 63,000 Instagram accounts removed connected to financial sextortion scams

Read here: https://about.fb.com/news/2024/07/combating-financial-sextortion-scams-from-nigeria/

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How Mexico’s CJNG Controls Guadalajara’s Expanding Drug Market

Read here: https://insightcrime.org/news/mexico-cjng-controls-guadalajara-expanding-drug-market/

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Thousands of rare bird eggs seized in Australia

Read here: https://www.bbc.co.uk/news/articles/ckdgknxjnyjo

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India Targets Traffickers Exploiting Youths in Southeast Asia

Read here: https://www.occrp.org/en/daily/18898-india-targets-traffickers-exploiting-youths-in-se-asia

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Ukraine’s Double-Edged Sword? The Dangers of Using Criminal Groups for National Defense

Read here: https://jied.lse.ac.uk/articles/10.31389/jied.236

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Payment Systems Regulator’s consultation on draft guidance on supporting the identification of APP scams and civil disputes

Read here: https://psr.org.uk/publications/consultations/cp2410-consultation-on-draft-guidance-on-supporting-the-identification-of-app-scams-and-civil-disputes/

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Italy: EPPO arrests two and freezes €7.6 million in VAT fraud investigation

Read here: https://www.eppo.europa.eu/en/media/news/italy-eppo-arrests-two-and-freezes-eu76-million-vat-fraud-investigation

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RISE Project Targeted by Prosecutors Over Migrant Stories

Read here: https://www.occrp.org/en/daily/18903-rise-project-targeted-by-prosecutors-over-migrant-stories

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CFTC Obtains $12.7 Billion Judgment Against FTX and Alameda

Read here: https://www.cftc.gov/PressRoom/PressReleases/8938-24

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Indonesians who paid thousands to work on UK farm sacked within weeks: Watchdog investigates alleged illegal fees

Read here: https://www.theguardian.com/uk-news/article/2024/jul/21/indonesians-paid-thousands-work-uk-farm-sacked-within-weeks

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South African police discover multimillion-dollar meth lab on farm

Read here: https://edition.cnn.com/2024/07/20/africa/south-african-police-uncover-meth-lab-farm-intl/index.html

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Fragmented and multiplied cybercriminal landscape, warns new Europol report

Read here: https://www.europol.europa.eu/media-press/newsroom/news/fragmented-and-multiplied-cybercriminal-landscape-warns-new-europol-report Link here: https://www.europol.europa.eu/publication-events/main-reports/internet-organised-crime-threat-assessment-iocta-2024 Report here: https://www.europol.europa.eu/cms/sites/default/files/documents/IOCTA%202024%20-%20EN_0.pdf

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OkCupid put users ‘at risk of assault’ by ignoring safety concerns, say former staff

Read here: https://www.thebureauinvestigates.com/stories/2024-07-22/okcupid-put-users-at-risk-of-assault-by-ignoring-safety-concerns-say-former-staff/

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Harrow School ‘received thousands of pounds from money-laundering network’

Read here: https://www.standard.co.uk/news/london/harrow-school-donations-national-crime-agency-money-laundering-jahangir-hajiyev-zamira-b1172296.html

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UK chancellor to appoint Covid corruption tsar to claw back billions of waste

Read here: https://www.theguardian.com/politics/article/2024/jul/22/reeves-to-appoint-covid-corruption-tsar-to-claw-back-billions-of-waste

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Anti-Money Laundering and Professional Service Providers: Conference report

Read here: https://rusi.org/explore-our-research/publications/conference-reports/anti-money-laundering-and-professional-service-providers-conference-report

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Slovak PM blasts Ukraine’s Lukoil sanctions as oil flow stops

Read here: https://www.yahoo.com/news/slovak-pm-blasts-ukraines-lukoil-175341526.html

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US State Department recognises STOP THE TRAFFIK

Read here: https://stopthetraffik.org/us-state-department/

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NCA infiltrates world’s most prolific DDoS-for-hire service

Read here: https://www.nationalcrimeagency.gov.uk/news/nca-infiltrates-world-s-most-prolific-ddos-for-hire-service

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Western Mexico’s expanding shrimp farms (many of which are illegal) contributing to deforestation of mangroves, an important habitat for jaguars

Read here: https://news.mongabay.com/2024/07/shrimp-farms-threaten-mexicos-mangroves-and-the-jaguars-that-inhabit-them/

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Fraudster sentenced for £17,000 Instagram insurance policy scam

Read here: https://www.cityoflondon.police.uk/news/city-of-london/news/2024/july/fraudster-sentenced-for-17000-instagram-insurance-policy-scam/

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Research identifies suspicious behaviour on Steam Marketplace that may suggest money laundering

Read here: https://www.gamesindustry.biz/research-identifies-suspicious-behaviour-on-steam-marketplace-that-may-suggest-money-laundering Money laundering through video games, a criminals’ playground: https://www.sciencedirect.com/science/article/pii/S2666281724001264

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Sharks off Brazil coast test positive for cocaine

Read here: https://www.bbc.co.uk/news/articles/cek9mr43x1xo “Cocaine Shark”: First report on cocaine and benzoylecgonine detection in sharks: https://www.sciencedirect.com/science/article/abs/pii/S0048969724049477

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Beneath the Harbor: Hong Kong’s Leading Role in Sanctions Evasion

Read here: https://www.thecfhk.org/post/beneath-the-harbor

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Man convicted of ‘sextortion’ of more than 100 children on Omegle, Snapchat, and TikTok

Read here: https://www.theverge.com/2024/7/22/24203577/sex-offender-convicted-sextortion-omegle-snapchat-tiktok-csam

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Ethereum Mixer Tornado Cash Has Received Almost $2 Billion in 2024 Despite Sanctions

Read here: https://decrypt.co/240603/ethereum-mixer-tornado-cash-has-received-almost-2-billion-in-2024-despite-sanctions

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UK’s Gambling Commission’s key issues and expectations concerning account withdrawals

Read here: https://www.gamblingcommission.gov.uk/blog/post/key-issues-and-our-expectations-concerning-account-withdrawals

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