FCA secures a further 499-day jail term for convicted money launderer after he failed to repay a £529,961 confiscation order linked to £2.5M in fraud proceeds, ensuring he remains liable for victim losses

by | May 8, 2026

In 2021, Richard was originally sentenced to 5 years and 10 months in prison after the FCA successfully prosecuted him for laundering around £2.5 million. He was part of a transnational organised crime group that facilitated proceeds from at least seven overseas...

US DoJ Fraud Division announces enforcement actions tackling nearly $1B in fraud schemes across healthcare, tax, and benefits systems, securing major convictions and long prison sentences nationwide

by | May 8, 2026

The cases include large-scale Medicare and Medicaid scams involving unnecessary medical testing, multimillion-dollar public benefits fraud with international money laundering links, and COVID-19 relief and tax-related abuses, alongside identity theft and bank fraud...

CoLP reports UK victims lost over £102M to romance fraud last year, with cases rising 29% to 10,784 as criminals increasingly used online platforms and AI to build fake relationships and extract money

by | May 5, 2026

The data shows criminals are increasingly exploiting online relationships through dating platforms, social media, and messaging apps, where they carefully build emotional trust over weeks or even months before requesting money. These scams often involve fabricated...

Europol dismantles a €50M online fraud network operating call centres across Europe, arresting 10 suspects and seizing assets linked to large-scale investment scams targeting victims globally

by | Apr 29, 2026

Authorities estimate that the network caused at least €50M in losses, targeting victims across multiple European countries and beyond through coordinated social engineering and investment fraud tactics. During the raids, law enforcement also seized cash, electronic...