January 2022 1st Edition

Featured Articles

Israel: IDF confiscates Hamas 150 digital wallets in Gaza

Defense Minister Ganz signed an order to seize NIS 2.6 million worth of Hamas-linked terrorist organization in the Gaza Strip Following the order, about 150 digital wallets belonging to an exchange company in the Gaza Strip of the Shmalach family, which is used to transfer money to Hamas, were seized. A joint operation by the IDF Intelligence Division, the National Economic Counter-Terrorism Headquarters (Ministry of Defense) in the Ministry of Defense, the National Cyber Unit in Lahav 433 in the

January 1, 2022

2021: US Losing War on Corruption in Central America

The United States, under the Biden administration, was supposed to help curb corruption, but for corrupt officials in Central America, life has rarely looked better. This past year, the justice systems of both El Salvador and Guatemala have been hollowed out. El Salvador President Nayib Bukele used his party’s control

December 31, 2021

Luxury Goods and Financial Crime

Luxury items are frequently – but not always – found at the end-point or ‘integration’ stage of a money-laundering scheme, following the introduction of illegal gains into the financial system and the layering process, whether through offshore accounts or other means. Integration typically involves dirty money locating a home in

December 27, 2021

International fraudsters ran £70m money laundering scheme, Jailed for 33 years

Two men who headed up an international criminal network responsible for laundering £70 million, £10m of which came from fraudulent Bounce Back Loans, have been

December 28, 2021

EU directive to targets shell companies following Pandora Papers shows offshore abuses

The European Union Commission wants to deprive entities that have little to no economic activity of tax benefits. The European Commission proposed a new directive

December 25, 2021

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