Swiss Supreme Court Revives Bank Secrecy Case Against Cum-Ex Whistleblowers
Switzerland’s Federal Supreme Court has ordered a fresh ruling in the case of three men accused of breaching Swiss bank secrecy laws by leaking data that helped expose the cum-ex […]
Mozambique Opens Money Laundering Probe into Travel Agencies over 805,5 Million Euro Flows
Mozambique’s Public Prosecutor’s Office has launched formal proceedings against travel agencies suspected of money laundering, illegal capital flight and tax fraud, involving transactions estimated at 805,5 million euros. Deputy Attorney […]
EPPO Indicts 22 in Greek Agricultural Subsidy Fraud Probe, Including Four Sitting MPs
The European Public Prosecutor’s Office in Athens has indicted 22 defendants in connection with an alleged organised fraud scheme involving EU agricultural funds, among them four current Members of the […]
Interpol Operation First Light 2026 Nets 5 800 Arrests and 293 Million US Dollars Across 97 Countries
Interpol has announced the results of Operation First Light 2026, a coordinated international crackdown on social engineering fraud and associated money laundering that produced more than 5 800 arrests, the […]
Visa Launches Threat Intelligence Platform to Help Financial Institutions Counter Cyber-Enabled Fraud
Visa has announced the launch of the Visa Threat Intelligence Platform (VTIP), a new cybersecurity solution designed to help financial institutions detect and respond to cyber threats before they escalate […]
Chinese Official Sentenced to Death for 325 Million US Dollar Bribery Scheme Spanning Three Decades
A court in Changzhou, eastern China, has sentenced former Nanjing city official Yang Youlin to death after convicting him of accepting bribes totalling 2,2 billion yuan — approximately 325 million […]
Captain Charged Over Alleged Sanctions Breach Involving Russian Shadow Fleet Oil Tanker
The captain of a Russian shadow fleet vessel carrying nearly 98,000 tonnes of oil has been charged with breaching UK sanctions regulations after the tanker was intercepted by British forces […]
Italian Police Dismantle Underground Bank Used by Drug Traffickers and Criminal Networks
Italian police have dismantled an underground banking network allegedly used by drug traffickers and organised crime groups to move hundreds of millions of euros over several years. The operation, based […]
EPPO Investigates 1 Million Euros RRF Fraud Tied to Fictitious E-Commerce Projects in Italy
The European Public Prosecutor’s Office (EPPO) in Bologna is leading an investigation into a suspected 1 million euro fraud involving EU Recovery and Resilience Facility funds earmarked for the digitalization […]
UAE Records Sharp Rise in Money Laundering Cases and Asset Freezes in 2025
Australian authorities have confirmed a U.S. request to extradite Ian Taylor, a Queensland-based jet ski salesman, on money laundering charges. The case follows years of scrutiny surrounding offshore shell companies […]