11 result(s) for “money laundering”
Swedish financial investigators say an operation has identified billions kronor in suspicious flows linked to Russian organised crime, with some funds routed through Swedish banks and foreign neobanks. Authorities warn tighter controls and tougher scrutiny ahead.
South Korean investigators have intensified operations against large voice phishing and related fraud networks over recent weeks, leveraging cooperation with Southeast Asian and Central Asian police to dismantle call centres, seize funds and press extradition requests. The moves reflect a sustained campaign to curb schemes that have cost victims hundreds of millions of dollars and fuelled transnational money laundering.
A two week islandwide enforcement operation led by the Singapore Police Force has identified 280 suspected scammers and money mules tied to more than 633 scam cases with reported losses of about S$4.4 million, the force said on October 8, 2026.
Nepal Police arrested several people on October 7, 2026 in two separate fraud investigations that target Nepalis seeking work abroad. Authorities say the Central Investigation Bureau and Kathmandu Valley Crime Investigation Office detained suspects accused of promising jobs in Israel and South Korea, with preliminary complaints alleging tens of millions of rupees were taken.
U.S. law enforcement actions and Treasury designations targeting an international fundraising network accused of routing millions to Hamas have renewed scrutiny on how illicit finance sustains violence affecting Israel. Authorities say the scheme collected and laundered donations, including after the October 7, 2023 attacks on Israel, prompting coordinated arrests and sanctions across jurisdictions.
The Central Bank of Ireland and the Competition and Consumer Protection Commission flagged a wave of unauthorised firms and sophisticated investment frauds targeting Irish savers, urging immediate caution and new reporting steps as payment and crypto-related losses rise.
Ukraine’s high level anti corruption investigation has widened, with prosecutors and the National Anti Corruption Bureau publicly tying senior officials to a network of fraudulent call centers accused of stealing from foreign and domestic victims. The probe has prompted resignations at the Prosecutor General’s Office and new detentions as investigators map how the scheme operated and where proceeds flowed.
Thailand renewed public warnings on October 2, 2026, as government agencies expand hotlines, bank protections and public education to counter a fresh wave of SMS, call and online investment scams that continue to siphon millions from victims.
The Guardia Civil and Spain’s Tax Agency arrested six people and placed eight under investigation in an operation that authorities say evaded more than 2 million euros in taxes through undeclared fuel sales across Murcia, Alicante and other provinces.
Two Singaporean men were sentenced on Sept 30 for acting as money launderers for a Malaysian criminal syndicate that channelled scam proceeds through local bank and crypto accounts. Court documents show at least 40 Singapore bank accounts and more than 60 SIM cards and 40 mobile phones were linked to the operation, with transfers traced to more than S$1.2 million.
A new EU cybersecurity assessment identifies Ireland as a primary target for an organised smishing operation, underscoring growing mobile text fraud and rising ransomware exposure that authorities and banks say is costing Irish households and businesses millions.