GFI’s 2025 report Shadow Figures: Transnational Crime, estimates US$16 trillion in annual illicit flows mainly from cybercrime, revealing data gaps, impacts on developing countries, and need for urgent global action

The report estimates that revenues from ten major transnational crimes including drug trafficking, counterfeiting, human trafficking, illegal logging and mining, illegal fishing, wildlife trafficking, small arms trafficking, oil theft, cultural‑property trafficking,...

CBS News: US government faces US $750 b annual fraud losses driven by transnational crime and identity theft, revealing pandemic-era vulnerabilities and highlighting urgent need for enhanced AML measures

This massive financial drain has been exacerbated by vulnerabilities exposed during the pandemic, when rapid disbursement of relief funds created opportunities for widespread abuse. Experts highlight that these fraud schemes go far beyond typical welfare fraud,...