UK Treasury on fraud, scams & economic crime report

The report urged the Govt to legislate against online fraudulent adverts and seriously consider whether online giants should reimburse those who fall victim to scams on their platforms. It also called for the Govt to urgently…

Moneyval on virtual assets in 2021 annual report

Virtual assets are abused to launder proceeds from fraud and corruption, as well as for tax evasion. There is suspicion that some of the smaller cryptocurrencies are being set up specifically with the motive of laundering. The larger virtual assets are seeing heavy...

EPPO on Fraud concerning EU funds

After unjustly obtaining the funds, the beneficiary is suspected of transferring them in order to conceal their illicit origin, and to hide the fraud. The fraud scheme had a cross-border dimension because the beneficiary used, through intermediaries, companies based...