30

Apr

European police bust Albanian investment and call centre scam

A criminal gang suspected of running ‌an investment fraud scheme via call centres in Albania has been dismantled, the pan-European police body Europol ​said on Wednesday. Europol said the operation,…

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21

Jun

Financial crime: 7,218 suspicious reports filed to FIAU in 2021

In 2021, 7,218 suspicious reports were filed by subject persons (SPs), marking an increase of over 2,000 STRs over 2020, the FIAU revealed today. In its Annual Report tabled in…

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08

Feb

Crypto firms launch coalition to promote market integrity

A group of major cryptocurrency firms including Coinbase, Circle, Anchorage Digital and Huobi Global are forming a new coalition aimed at cracking down on market manipulation in an effort to…

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01

Feb

Court says Credit Suisse faces $45.5 million claim in money-laundering case

Swiss prosecutors are pursuing around 42.4 million Swiss francs ($45.5 million) in compensation from Credit Suisse in a money-laundering trial due to begin on Feb. 7, the Swiss Federal Criminal Court (FCC)…

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25

Jan

Wendel to buy anti-money laundering company ACAMS for $500 mln

French investment company Wendel has agreed to buy ACAMS, a company which provides training and certifications for anti-money laundering and financial crime prevention, for around $500 million, the companies said on Monday. Wendel…

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28

Dec

Record 1298 new cases reported / Malta News Briefing – Tuesday 28 December 2021

Albert Fenech, one of Malta's top cardiologists as well as a former MP, died on Tuesday aged 70. Fenech was reportedly found dead inside his house and is believed to…

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12

Dec

Our duty to protect a 30-year industry – Daniel Bilocca

That Malta is a greylisted country is no news. What will make news is a solution that puts Malta back on the right track. But let us add some more…

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05

Dec

‘Malta still offers a mature iGaming ecosystem’: Managing risk for a stronger sector

While the greylisting of Malta has undoubtedly made an impact, Malta still offers a mature iGaming ecosystem with strong knowledge and expertise within the sector available on the island. “This…

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13

Nov

Tax amnesty to defaulters puts Malta’s efforts to fight tax crime at risk – MIA

The Malta Institute of Accountants has noted with disapproval the introduction of Legal Notice 419 of 2021, which allows taxpayers to offset tax payable on property transfers against their existing…

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02

Nov

US judge dismisses most money laundering charges against Maduro ally Saab

A U.S. judge in Florida on Monday dismissed money laundering counts against Alex Saab, an ally of Venezuelan President Nicolas Maduro, but he remains accused of one count of conspiracy to launder money, a…

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13

Jul

British police seize record $408 million haul of cryptocurrency

British police have seized record hauls of cryptocurrency totalling 294 million pounds ($408 million) as part of an investigation into money laundering after organised crime groups moved into cyptocurrencies to wash their…

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15

Jun

A joint effort by all stakeholders to fight financial crime

The fight against money laundering and other financial crime, has over the past years, been strengthened as a result of significant changes and improvements across both regulatory and investigative authorities…

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24

Aug

Nigerians dominate FBI’s massive bust of online fraudsters

The United States’ Federal Bureau of Investigation (FBI) said on Thursday that it had arraigned scores of suspected fraudsters behind a variety of scams and online fraud cases. Africa News…

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