Europol Report highlights increased global cybercriminality, threats with NFC and Blockchain payments

Europol released its 2016 Internet Organized Crime Threat Assessment Report on cybercrime today and the results are more disturbing than last years’ report. The Report can be accessed here. Generally, the Report findings were that the volume and scope of cybercrime has reached very high levels and now surpasses regular non-online crimes. The Report made [...]

Europol says organized crime is quickly changing to virtual methods

In a report released yesterday on serious organized crime called “Exploring Tomorrow’s Organized Crime” (the “Report“), Europol found that organized crime is now becoming a virtual activity over the Internet and as a result, transnational criminal organizations (“TCO“) are migrating towards virtual payment methods to conduct commercial affairs, including digital payments. According to Europol, the [...]

Bitcoin in Amsterdam

We are participating in three exciting sessions on digital currencies (and Bitcoin) in Amsterdam this month for those interested in joining: At the Bitcoin Foundation Conference on May 16, 2014 on a panel discussing anti-money laundering chaired by Adam Shapiro, Director of Promontory Financial Group with: Dirk Haubrich, Head of Consumer Protection and Financial Innovation [...]

“The Windfather” – Another report finds wind and renewable energy projects controlled by organized crime to launder money

Europol report ties mafia to renewable energy This week, Europol released yet another report tying the financing, development and operation of renewable energy projects, particularly wind energy infrastructure projects, to organized crime in Europe. The latest Europol report follows on the heels of an earlier one, the “Serious & Organized Crime Threat Assessment 2013″, which [...]

Interpol operation into trafficking of illicit trade results in 6,000 arrests

An Interpol-led investigation into the trade of counterfeit goods and products over the last two months has resulted in the arrests of more than 6,000 people in Vietnam, China, Belarus, Poland, Romania, Ukraine, Turkey, Namibia, Hong Kong, India, Thailand, Brazil, Chile, Columbia, Peru and Ecuador. In total, 24 million fake goods were seized worth approximately [...]

French court convicts 5 men for carbon trading fraud and money laundering

Carbon Trading conviction for money laundering A French Criminal Court has convicted and sentenced five people for money laundering for defrauding the European Union’s carbon trading system of €1.8 billion over loss tax revenue. The defendants were arrested as part of a French investigation into money laundering, fraud and tax evasion in the carbon market [...]