14th April 2021
By Julett Pineda Sleinan, OCCRP, 13 April 2021 OCCRP — In a joint operation led by Interpol, police from 24 countries arrested 195 suspects of human trafficking and migrants smuggling and rescued 500 victims, including children, the international police organization said on Friday. Operation Weka… Read More
14th April 2021
Prosecutors in Denmark have charged three Britons and three Americans with defrauding the Danish treasury of more than 1.1bn kroner ($175m; £130m; €150m) through a German bank. Two British citizens have already been charged as part of a “cum-ex” trading fraud that swindled the treasury of a total of 12.7bn… Read More
14th April 2021
The Corruption Prevention and Combating Bureau (KNAB) has not found evidence of corruption on the part of ABLV Bank’s managers, which has been alleged  by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), LETA learned. At the same time, KNAB has not managed to find evidence to… Read More
13th April 2021
The cybersecurity provider Darktrace has warned that the fraud allegations against its founding shareholder, the former Autonomy chief executive Mike Lynch, threaten its prospects as it gears up for a £3bn stock market debut. In documents published as part of the formal process that must be followed before a London… Read More
13th April 2021
HSBC and Huawei Technologies’ Chief Financial Officer Meng Wanzhou have reached an agreement in a dispute about the publication of documents relating to U.S. fraud allegations against her, their lawyers told a Hong Kong court. The judge, Linda Chan, made court orders along the lines of the agreement, she said… Read More
13th April 2021
Italian magistrates have issued an arrest warrant for Gianluigi Torzi, a financial broker caught up in a scandal involving the Vatican’s purchase of a building in an upscale London area, police said on Monday. Financial police said in a statement that they were looking for Torzi and three Italian associates… Read More
12th April 2021
At 5am on a chilly Tuesday morning last month, 1,600 police officers and balaclava-wearing special forces, bristling with arms and battering rams, were ordered into action around the Belgian port city of Antwerp. More than 200 addresses were raided in what was the largest police operation ever conducted in the… Read More
12th April 2021
Up to one money mule on average is being arrested every day by fraud squad detectives investigating multiple different money laundering targets across the country. The problem is so extensive that officers from the Garda National Economic Crime Bureau (GNECB) plan to make 700 arrests in the coming months of people who have allowed… Read More
12th April 2021
A Portuguese judge on Friday ordered ex-Prime Minister José Sócrates to stand trial for money laundering and falsifying documents but dropped more serious charges of corruption against the former Socialist leader, who prosecutors had accused of taking €34 million in kickbacks. “There would seem to have been the acceptance of… Read More
12th April 2021
Hong Kong police arrested nine people on suspicion of laundering more than HK$900 million (US$116 million) through 300 bank accounts over the past six months, part of which was conned from 55 victims of romance and investment scams. Investigations showed that around HK$35 million of the money came from 30… Read More