Cybercrime story around Danish Shadow Banking Hub KBH Andelskasse unfolds
EFRI co-founded by FinTelegram, has filed several complaints against the Danish KBH Andelskasse. The small cooperative bank was finally taken under supervision by the Finansiel Stabilitet and is being wound up. Danish prosecutors opened a criminal case on charges of money laundering and facilitating cybercrime. The leading Danish financial newspaper Børsen has published a series of reports about KBH Andelskasse based on FinTelegram and EFRI findings and his own research.