#money-laundering
14 stories taggedmoney-laundering.
Six Black Axe Members Extradited from South Africa Over $6 Million Romance Scam
Six Nigerian nationals landed in the United States on September 11, 2026, to face federal fraud charges after five years in a Cape Town jail. Their alleged network drained more than $6 million from over 100 American women through fake online romances.
Interpol Arrests 58 in Operation Jackal IV, Targeting West African Fraud Networks
A 22-country sweep disrupted the money-laundering infrastructure and online scam operations behind some of the world's most prolific fraud gangs, with preliminary results pointing to a strategic shift toward dismantling criminal support systems rather than counting arrests.
Phone thief raided victim's Sharesies investment account and moved $50,000 in three transfers
A Hamilton man is behind bars after a stolen cellphone gave criminals a direct route into an investment app, netting tens of thousands of dollars. The case also exposed a separate scheme to help scammers cheat an elderly victim out of $24,000.
Interpol's Operation Jackal IV: 58 arrests target West African fraud networks and Black Axe
A 22-country police push identified 263 suspects tied to romance, investment and business email scams, with South African authorities seizing $2.67 million from a syndicate that targeted retirees.
Fake ABC News Pages and a Swiss 'Broker' Who Never Existed: Inside a $500,000 Investment Scam
An international fraud network linked to Israel, with call centres across Europe and beyond, 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 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.