Featured Poland

How ING bank in Poland helped Russians launder money

The Polish unit of the Dutch bank ING, ING Bank Slaski, for years allegedly helped Russian and Ukrainian oligarchs move huge sums of money out of ex-Soviet Union countries, according to the US Treasury’s fraud investigation department, FinCen. FinCen files were leaked to and published by the International Consortium… Read More

Prominent Polish lawyer charged with fraud tied to Idea Bank

Polish prosecutors said on Saturday they had brought fraud charges against a prominent lawyer and former deputy prime minister who is a vocal critic of the government, and prohibited him from leaving Poland or practising law. Prosecutors also denied mistreating Roman Giertych, who fainted during his detention on Thursday and… Read More

Arrests Target Money-Laundering Service for Cyber Criminals

Twenty people have been arrested as part of an investigation into QQAAZZ, a group that police said had laundered millions on behalf of the world’s most prolific cyber criminals. The arrests, part of a multinational investigation that included police in 15 countries, target a notorious gang of so-called money mules… Read More
22nd September 2020
Over the past decade, ING Bank has carried out billion-dollar transactions for companies from one of the largest Russian money laundering networks ever exposed. This puts the bank in a similar position to Deutsche Bank and Danske Bank, whose involvement in the network has previously been exposed. The German bank… Read More
17th August 2020
It smells of fried fish, the sun’s reflection is glittering in the water and a few sailboats lazily amble along. It’s still summer vacation in some German states, and here in Sassnitz on the Baltic Sea island of Rügen even more so. Even the mayor of the little town of… Read More
24th July 2020
By Eli Moskowitz, OCCRP, 23 July 2020 OCCRP – As Argentina has been renegotiating its US$65 billion debt with foreign creditors, it is also grappling with the fact that up to six times that amount is believed to be held by its citizens and companies offshore. Repatriating a portion… Read More
22nd July 2020
One of Poland’s ex-transport ministers has been arrested in a corruption probe. The former MP, named only as “Sławomir N.”, was detained on suspicion of corruption and operating within an organised crime group, according to Poland’s Central Anti-Corruption Bureau. The suspect had also served as head of Ukraine’s highways… Read More
27th May 2020
Polish prosecutors have started an investigation into suspected money laundering at a small state-controlled lender BOS Bank, Dziennik Gazeta Prawna daily said on Tuesday, quoting an unnamed source. The regional prosecutor’s office in Katowice in southern Poland said in an emailed statement to Reuters: “An investigation has been initiated in… Read More
8th May 2020
Gardaí have discovered evidence that Covid-19 payments are being abused by Dublin-based fraudsters involved in money laundering as a part of a wider European network of criminals. Two men have been arrested as part of a Garda inquiry into “money-mule” bank accounts. This is the use by criminals of third… Read More
24th January 2020
They made quite a team. One was an Oxford-educated wunderkind who handled the complicated math behind the transactions. The other was a beefy, 6-foot-2 New Zealander with an apparent fondness for Hawaiian shirts, who brought in clients and money. Martin Shields and Paul Mora met in 2004, at the London… Read More
10th January 2020
Poland’s state prosecutor has indicted the former head of the country’s financial regulator on corruption charges, in one of the most prominent cases of alleged corruption in the European Union member state in recent years. A spokeswoman for the prosecutor said on Thursday the indictment of Marek Chrzanowski was sent… Read More
13th November 2019
Altair Engineering Inc. may have violated U.S. economic sanctions and export control regulations, the company said in a regulatory filing. The Troy, Mich.-based engineering software company said it discovered the possible violations in May and disclosed them to regulators, according to the company’s latest quarterly financial report, which was… Read More
28th October 2019
An official of the Panamanian payment processing firm Crypto Capital has been arrested as part of a Polish probe for allegedly laundering the proceeds of drug sales for an international crime group. The suspect, in accordance to Polish rules preventing the release of full names, was identified as Ivan M.L. Read More