In the “Weekly Round-Up” we summarise and give extra reading suggestions for some of the past weeks financial crime news headlines, powered by Acuminor’s crime universe ThreatView®.
The weekend is here, and it’s time for another short summary of the past week. Starting in the cybercrime space with two separate press releases from the USA’s Department of Justice (DOJ). DOJ announced that yet another member of the criminal online organisation InFraud has been sentenced to jail. The Infraud Organisation is a transnational cybercrime enterprise engaged in the mass acquisition and sale of fraud-related goods and services
In another press release from DOJ, they informed of a joint police operation that successfully shut down the domains Weleakinfo, which specialises in selling stolen personal information and the Denial of services for hire domains “ipstress” and” ovh-booter”.
Europol has coordinated a police operation involving 11 countries that jointly has brought down the malware FluBot that has infected Android phones worldwide, stealing passwords, online banking details and other sensitive information.
Europol has also assisted in an operation that led to five arrests in Hungary for a criminal organisation involved in money laundering and fraud.
Speaking of fraud, during Covid, many opportunistic criminals got engaged in Covid-related frauds. Now, history seems to repeat itself when we see an outbreak of the monkeypox virus.
If you want to dive into some more extensive stories, the working paper on “Behavioural drivers of corruption facilitating illegal wildlife trade”, part of the Basel Institute on Governance Working Paper Series, has just come out.
The United Nations Office on Drugs and Crime (UNODC) has released a report on “Exploitation and Abuse: The Scale and Scope of Human Trafficking in South-Eastern Europe”, the first report that analyses the current and most pressing trafficking trends in the region.