#money-laundering
11 stories taggedmoney-laundering.
Fake ABC News Pages and a Swiss 'Broker' Who Never Existed: Inside a $500,000 Investment Scam
An international fraud network, linked to Israel and operating call centres across several countries, has taken hundreds of millions of dollars from victims worldwide, including thousands of Australians, using fabricated news sites, invented trading profits, and fake debts.
Southeast Asia's Fraud Factories Have Gone Global
A UN report puts the cost of the region's industrialised cyber-fraud industry at up to $114 billion in 2025. Corruption, cryptocurrency, and AI have made it almost impossible to shut down.
New York Duo Charged With Laundering $43 Million From 'Pig Butchering' Investment Scams
Federal prosecutors say Zhuoying Chen and Haojie Zhang ran a 45-shell-company money mule network that moved victim funds from Queens and Brooklyn bank accounts to China.
How a Spanish Cybercrime Gang Stole €140 Million and Almost Got Away With It
Spanish police, working with partners across Europe and beyond, dismantled a fraud network that used fake boss emails, phony investment sites, and nearly a thousand bank accounts to steal the equivalent of $161 million from ordinary people and businesses.
Spanish police dismantle €140 million fraud ring that drained company bank accounts
Four arrests across Spain, Portugal and Panama close down a laundering network that pushed nearly €100 million through 800 bank accounts, much of it stolen through fake CEO emails.
Bulgarian money launderer accused of siphoning $290,000 in seized crypto from behind bars
Rossen Iossifov, already serving ten years for laundering funds for a Romanian online auction fraud ring, allegedly moved government-seized cryptocurrency through mixers while in a US prison.
Ghanaian Influencer Extradited to US Over $8 Million Romance Scam Targeting Elderly Americans
Frederick Kumi, known online as Abu Trica, allegedly used AI-generated fake identities to defraud older Americans out of more than $8 million. His extradition is now the subject of a constitutional dispute in Ghana.
Farage's £5m Crypto Gift Was Flagged to the UK's National Crime Agency Over Money-Laundering Fears
Bankers who processed the payment raised a formal suspicion report. Now the Reform UK leader faces scrutiny from two directions at once.
Vietnam charges seven over HiAnime, the piracy site that briefly out-streamed Disney+
Police say the operators earned nearly $13 million from ads across 100+ sites hosting 26,000 pirated anime titles.
DOJ Seizes HuiOne Cloud Account, Treasury Sanctions Prince Group Network
Cambodia-based conglomerates accused of laundering proceeds from pig-butchering and cyber-enabled fraud face coordinated U.S. action.
AudiA6 Crypto Laundromat Pulled Offline After Washing €336M for Ransomware Crews
Europol says the takedown severs a major cash-out pipeline tied to ransomware payouts and underground markets.