Australian federal police uncover Bitcoin-related alleged international drug traffickers boasting about their luxury cars and mansions on social media

Two Bitcoin-related alleged drug traffickers living large and spending above their reported incomes In the last few months, the Australian Federal Police have arrested two well-known Bitcoin guys suspected of leading secret lives as international drug traffickers. Both alleged to the public that they had real jobs, one operating a digital currency exchange and the other an IT business, [...]

World’s leading company for communications tech for money laundering and drug trafficking used by top transnational criminal organizations for 10 years, created in Vancouver

World leader in organized crime communications was launched in Canada A Vancouver company, called Phantom Secure, a little over a year ago, was the world leader in providing illegal encrypted communication services for the top international drug traffickers in the world. But perhaps no more. On March 8, 2018, the CEO of Phantom Secure, a Vancouver [...]

NCIS discovers jail pay FinTech app used by prisoners to launder money

Agents from NCIS have charged several prisoners, who used social media and online dating sites, with extortion and money laundering for blackmailing members of the military for money. The scheme cost 442 service members from the Army, Navy, Air Force and Marine Corps from across the United States more than $560,000 in financial losses. The prisoners [...]

$15 million in heroin seized from Iranian truckers entering Bulgaria

The Bulgarian police have seized a transport truck from Iran attempting to cross the Bulgarian – Turkey border with 288 kilos of pure heroin, with a street value of $15 million at the low end. The heroin was dry-walled, meaning each brick of heroin was covered individually with drywalling material. According to the US 2019 [...]

US identifies Canada as major money laundering country, and notes concern over its low prosecution rate

Canada once again a “Major Money Laundering” country The 2019 “International Narcotics Control Strategy Report” (INCSR) published on Friday by the U.S. Department of State identifies Canada once again as a “major money laundering country” along with a host of risky countries for financial crime. A “major money laundering country” is one whose banks and financial [...]

Alleged drug dealer in Vancouver tied to Silk Road facing extradition

A Vancouver man, James Ellingson, is the subject of an extradition request by the US, based on charges that include money laundering and narcotics importation from the Southern District of New York (“SDNY“). Ellingson was arrested in Vancouver on October 29, 2018, under an Extradition Act provisional warrant. According to the SDNY, Ellingson sold drugs on the [...]

In Canada, people associated with the Mafia and drug dealers are issued cannabis licences according to CBC News Report

According to a news story in French on CBC News, the government of Canada has issued licences to a cannabis company that has ties to the Mafia, and to major drug traffickers and Canada has also issued another licence to a cannabis company whose shareholders include major drug traffickers. The journalist in the story notes [...]

7 Russian foreign nationals indicted in US for alleged money laundering and hacking of Canadian / US agencies

The Department of Justice announced the indictment of 7 Russian foreign nationals in Pennsylvania for their roles in an alleged hacking of anti-doping sports agencies, including one in Canada called the Canadian Centre for Ethics and Sports. According to the indictment, the indicted persons hacked into computers for several years to allegedly influence sports doping [...]

Operation Dark Gold – arrest of 35 darknet vendors using digital currencies for illegal drug trafficking and commerce

The US Department of Justice, Homeland Security Investigations (HSI), the Secret Service, and the DEA  announced the arrest and pending prosecution of more than 35 darknet vendors across the country after a year-long investigation dubbed Operation Dark Gold. US federal law enforcement seized more than $20 million in Bitcoin and other digital currencies, 100 illegal [...]