Polish prosecutors indict two suspects over attempted €3.3 million EU nursery-funding fraud
The European Public Prosecutor’s Office (EPPO) has indicted two people in Poland over an alleged attempt to obtain €3.3 million in EU-backed funding for nurseries using forged property documents. The indictment was filed on September 8, 2026, at the Circuit Court in Katowice. According to the EPPO, the two suspects acted together through a number […]
U.S. authorities seize Chinese-run scam marketplace and restrain $52 million in cryptocurrency
U.S. authorities have seized a Chinese-language online marketplace allegedly used by criminal networks to obtain services for cryptocurrency scams and money laundering, while restraining more than $52 million in cryptocurrency linked to the network. The action was announced on September 9 by the U.S. Attorney’s Office for the District of Columbia as part of the […]
UK fines Citibank £4.7 million over Russia sanctions breaches
The UK’s financial sanctions regulator has fined Citibank £4.7 million ($6.35 million) after identifying hundreds of payments that breached restrictions imposed on Russia. The Office of Financial Sanctions Implementation (OFSI) found 970 payments, totalling £19.7 million, that violated UK sanctions. Most of the breaches occurred between February and November 2022, as banks and other financial […]
INTERPOL operation leads to 58 arrests in crackdown on West African crime networks
An eight-month international operation targeting West African organised crime networks has resulted in 58 arrests and the identification of 263 suspects, INTERPOL said. Operation Jackal IV, conducted between November 2025 and June 2026, brought together law-enforcement agencies from 23 countries across six continents. The operation focused on disrupting money laundering, identifying high-value targets, tracing illicit […]
Belgium seizes €65 million in French McKinsey tax fraud investigation
Belgian prosecutors have seized more than €65 million in connection with a French investigation into suspected tax fraud and money laundering involving consulting firm McKinsey. The seizure was carried out by the Brussels Public Prosecutor’s Office at the request of France’s National Financial Prosecutor’s Office (PNF), which has been investigating McKinsey since March 2022. By […]
Six detained in Poland over alleged €900,000 flood compensation fraud
Polish authorities have detained six people as part of a European Public Prosecutor’s Office (EPPO) investigation into suspected fraud involving €900,000 in flood-related financial support. The investigation centres on compensation claims submitted by representatives of three companies between December 2024 and November 2025. The applicants provided documents purporting to demonstrate losses caused by the severe […]
FCA bans three former Dolfin executives over £35.5m visa scheme
The UK Financial Conduct Authority (FCA) has banned three former senior executives of Dolfin Financial (UK) Limited over a scheme that enabled wealthy clients to circumvent the country’s investor visa requirements. The regulator said the scheme operated between 2016 and 2019 and allowed clients to obtain UK investor visas without making the required £2 million […]
Trafficking Survivors Remain Stranded After Escaping Southeast Asia Scam Compounds
Thousands of people trafficked into Southeast Asia’s sprawling cyber-fraud industry are facing a new crisis after escaping the compounds where they were forced to conduct online scams. Crackdowns across Cambodia, Myanmar and Thailand have freed workers from compounds operated by organised criminal networks accused of defrauding victims worldwide. But months after the raids, many survivors […]
Evergrande Founder Sentenced to Life in Prison for Fraud and Bribery
Hui Ka Yan, founder of China Evergrande Group and once one of Asia’s richest men, has been sentenced to life in prison for fraud, bribery and other financial crimes linked to the collapse of the heavily indebted property developer. A court in Shenzhen handed down the sentence on August 20, five years after Evergrande’s default […]
EPPO Investigates €7 Million Procurement Fraud in Romanian IT Projects
The European Public Prosecutor’s Office (EPPO) has launched an investigation into suspected procurement fraud involving 29 EU-funded IT projects worth approximately €7 million in Romania. On August 13, Romanian authorities conducted 19 searches at the premises of individuals and companies as part of the investigation, which focuses on projects financed through the EU’s Recovery and […]