In the “Weekly Round-Up” we summarise and give extra reading suggestions for some of the past weeks financial crime news headlines, powered by Acuminor’s crime universe ThreatView® .
Hello, it is time to share some of this week’s interesting reads if you want something to dig into it during your weekend. To start with some shorter stories.
The Dutch police have made the first seizure of NTFs, the virtual asset was in the hands of a couple of fraudsters. Seizing is NFTs is not that different from capturing other types of virtual assets, which the Dutch police have extensive experience.
The Irish police now warn of organised crime infiltrating sports clubs to “fix” matches. This can be a very lucrative business since you can launder funds through betting operators and at the same time gain proceeds in the running of the scheme instead of paying commission in other more classics money laundering techniques.
Europol has had an action day with the Romanian Police and the United Kingdom Intelligence Directorate against human traffickers.
The cryptoanalysis form Elliptic has investigated the hack of the decentralised finance project, Ronin Bridge, that led to a massive theft of virtual assets and, subsequently, money laundering.
CNN reports that several oil tankers have started to turn off their transponders, thus going dark. This method can be used for legitimate reasons, i.e., travelling in pirate-infested waters. But it does not seem like that is the issue right now.
For the longer reads this week. Vice World and OCCRP have made a joint investigation into how Lithuanian gangs have taken over the heroin trade in Ireland using slave labour.
For you interested in the cybercrime sphere, the FBI has released their Internet Crime report with statistics and information on the past year’s development in the USA.
And finally, the FIU in Malta has released a guiding document on how to work with compliance surrounding beneficial ownership.