INTERPOL | FinTelegram News

Category: INTERPOL

November 27, 2024

Breaking Down Operation Serengeti: A Crime Analyst’s View on the Fight Against Cybercrime in Africa

In a massive move against cybercrime, INTERPOL and AFRIPOL have jointly led Operation Serengeti, targeting the rapidly evolving digital underworld across 19 African nations. Between September 2 and October 31, this initiative achieved staggering results, including 1,006 arrests, dismantling 134,089 malicious infrastructures, and identifying more than 35,000 victims connected to nearly $193 million in global financial losses.

July 22, 2024

INTERPOL Operation Jackal III Strikes Major Blow Against West African Financial Crime!

A recent global law enforcement initiative, Operation Jackal III, has significantly disrupted West African organized crime syndicates, including the notorious Black Axe group. This extensive operation, which lasted from April 10 to July 3, 2024, involved 21 countries across five continents and led to substantial arrests and asset seizures. Again, cryptocurrency has played a crucial part in these cybercrime operations.

May 16, 2024

The Critical Role of Payment Processors in Cybercrime and the Evolving Challenges of Crypto in Money Laundering

In a loud call to action, the heads of FATF, INTERPOL, and UNODC have highlighted the urgent need for international cooperation to combat the vast illicit profits generated by transnational organized crime. These profits fuel conflicts, fund terrorism and impact vulnerable populations globally. At the high-level event during the 33rd Commission on Crime Prevention and Criminal Justice in Vienna, it was emphasized that without facilitating payment processors, cybercrime would hardly be possible.

February 3, 2024

INTERPOL-led Operation Synergia Against Cybercrime!

In an international effort led by INTERPOL, Operation Synergia has struck a significant blow against the rising tide of cybercrime, targeting phishing, malware, and ransomware attacks across the globe. Conducted from September to November 2023, the operation mobilized 60 law enforcement agencies from over 50 INTERPOL member countries, marking a critical step in the fight against the sophisticated networks of transnational cybercriminals.

TikTok Takedown: America’s Digital Iron Curtain or Silicon Valley’s Secret Weapon?

The recent ruling by the U.S. Court of Appeals for the District of Columbia Circuit has sent shockwaves through the social media industry, upholding a law that could effectively ban TikTok in the U.S. The ruling cited national security concerns. This decision marks a significant escalation in the ongoing tension between the U.S. government and Chinese-owned tech companies.

Truong My Lan: A Tycoon’s Fall from Grace and Vietnam’s $44 Billion Financial Scandal!

The dramatic downfall of Truong My Lan, one of Vietnam’s most prominent property magnates, has sent shockwaves through the country's financial and political systems. The 68-year-old former billionaire is at the center of one of the largest financial frauds in history, a scandal that has not only exposed vulnerabilities in Vietnam’s economy but has also highlighted the intricate relationship between business and politics in the country.

Cash Cow Crypto: U.S. CFTC Enforcement Sets Records in FY 2024 with $17.1 Billion in Monetary Relief!

The U.S. Commodity Futures Trading Commission (CFTC) achieved a landmark year in FY 2024, securing over $17.1 billion in monetary relief, including $2.6 billion in civil penalties and $14.5 billion in restitution. The agency’s groundbreaking actions spanned digital asset (crypto) markets, voluntary carbon credits, and major compliance cases, highlighting its leadership in safeguarding market integrity.

U.S. DOJ’s Whistleblower Pilot Program: 250+ Tips in Just Months!

Whistleblowers are the only effective way to fight financial crime. The U.S. DOJ whistleblower pilot program has already proven effective, generating over 250 tips of potential misconduct since its launch in August, according to Principal Associate Deputy Attorney General Marshall Miller. According to a Reuters report, the initiative targets corporate malfeasance and encourages internal self-disclosure by companies.

Online Gambling: Lokinvestigation in Curaçao, its Maltese Connections, and How to Shut Down!

For many years, the far-far-away Curacao was the regulatory mecca of global online gambling. But that is over. The Lokinvestigation, spearheaded by opposition politician and forensic investigator Dr. Luigi Faneyte, reveals systemic failures and alleged corruption in Curaçao’s online gambling sector. With ties to Maltese investors and global financial networks, the report demands transparency but also carries political implications.