Showing 61 to 72 of 143 results
EPPO Investigates Record Number of EU Financial Crimes, €24.8 Billion Estimated Loss
In 2024, the European Public Prosecutor's Office (EPPO) investigated 2,666 financial crimes, resulting in an estimated €24.8 billion loss to the EU budget; most cases involved VAT fraud, with Germany and Italy particularly affected; the EPPO received 6,547 crime reports, with over 70% from private c...
EPPO Investigates Record Number of EU Financial Crimes, €24.8 Billion Estimated Loss
In 2024, the European Public Prosecutor's Office (EPPO) investigated 2,666 financial crimes, resulting in an estimated €24.8 billion loss to the EU budget; most cases involved VAT fraud, with Germany and Italy particularly affected; the EPPO received 6,547 crime reports, with over 70% from private c...
Progress
24% Bias Score
Mastercard and Visa Facilitate UK Gambling Scams Despite Prior Agreement
Mastercard and Visa are processing payments for unlicensed gambling websites in the UK, despite a previous pledge to prevent this, resulting in significant financial losses for customers and raising concerns about regulatory failures.
Mastercard and Visa Facilitate UK Gambling Scams Despite Prior Agreement
Mastercard and Visa are processing payments for unlicensed gambling websites in the UK, despite a previous pledge to prevent this, resulting in significant financial losses for customers and raising concerns about regulatory failures.
Progress
48% Bias Score
£200m Money Laundering Plot: Four Sentenced, Three Flee
Four men were sentenced to lengthy prison terms for their involvement in a £200 million money laundering scheme that operated between 2014 and 2016, using businesses in Bradford, London, and Hatton Garden to convert criminal cash into gold shipped to Dubai; three of the men are fugitives.
£200m Money Laundering Plot: Four Sentenced, Three Flee
Four men were sentenced to lengthy prison terms for their involvement in a £200 million money laundering scheme that operated between 2014 and 2016, using businesses in Bradford, London, and Hatton Garden to convert criminal cash into gold shipped to Dubai; three of the men are fugitives.
Progress
48% Bias Score
Fraudster Repays £95,483 Stolen from Two Charities
Lindsay MacCallum, a former fundraising manager, repaid £86,000 stolen from Rainbow Valley cancer charity and £9,505 from the Anthony Nolan Trust, following a three-year fraud spanning 2011-2021; she was jailed last October for three years.
Fraudster Repays £95,483 Stolen from Two Charities
Lindsay MacCallum, a former fundraising manager, repaid £86,000 stolen from Rainbow Valley cancer charity and £9,505 from the Anthony Nolan Trust, following a three-year fraud spanning 2011-2021; she was jailed last October for three years.
Progress
32% Bias Score
Greek Tax Crackdown Boosts Nightclub Revenue
The Independent Public Revenue Authority of Greece (IAPRAG) launched "Operation Saturday Night Fever" on January 11, 2025, resulting in a significant increase in reported revenue from 29 nightclubs in Athens and Thessaloniki after using a combination of on-site audits and real-time digital monitorin...
Greek Tax Crackdown Boosts Nightclub Revenue
The Independent Public Revenue Authority of Greece (IAPRAG) launched "Operation Saturday Night Fever" on January 11, 2025, resulting in a significant increase in reported revenue from 29 nightclubs in Athens and Thessaloniki after using a combination of on-site audits and real-time digital monitorin...
Progress
40% Bias Score
Former Co-op Bank Chair Jailed for Fraud
Paul Flowers, former Co-op Bank chair and Methodist minister, was sentenced to three years in prison for defrauding nearly £100,000 from the will of a vulnerable friend, using the money for personal expenses, including drugs and holidays, after he was made executor of her will.
Former Co-op Bank Chair Jailed for Fraud
Paul Flowers, former Co-op Bank chair and Methodist minister, was sentenced to three years in prison for defrauding nearly £100,000 from the will of a vulnerable friend, using the money for personal expenses, including drugs and holidays, after he was made executor of her will.
Progress
32% Bias Score
Khabarovsk Students Warned of Money Laundering "Drop" Schemes
Cybersecurity lectures at Pacific State University and the Far Eastern Law Institute in Khabarovsk, Russia, educated students about "drop" schemes—individuals unknowingly or willingly aiding money laundering—highlighting the risks of seemingly legitimate online job offers and emphasizing the importa...
Khabarovsk Students Warned of Money Laundering "Drop" Schemes
Cybersecurity lectures at Pacific State University and the Far Eastern Law Institute in Khabarovsk, Russia, educated students about "drop" schemes—individuals unknowingly or willingly aiding money laundering—highlighting the risks of seemingly legitimate online job offers and emphasizing the importa...
Progress
40% Bias Score
Former CFO Sentenced to Nine Years for Embezzling \$6.7 Million from Birth Injury Fund
John Hunter Raines, a 38-year-old father of three and former chief financial officer of Virginia Birth-Related Neurological Injury Compensation Program, was sentenced to nine years in prison for embezzling \$6.7 million in taxpayer money to fund a lavish lifestyle between January 2022 and October 20...
Former CFO Sentenced to Nine Years for Embezzling \$6.7 Million from Birth Injury Fund
John Hunter Raines, a 38-year-old father of three and former chief financial officer of Virginia Birth-Related Neurological Injury Compensation Program, was sentenced to nine years in prison for embezzling \$6.7 million in taxpayer money to fund a lavish lifestyle between January 2022 and October 20...
Progress
44% Bias Score
Surge in Counterfeit Currency Reported in Sachsen-Anhalt
In 2024, Sachsen-Anhalt, Germany, saw a significant rise in counterfeit currency, with 1,104 fake banknotes totaling €78,500 discovered, compared to 776 totaling €30,500 in 2023; this increase, primarily in €50 notes, mirrors a national trend despite an overall decrease in the national financial los...
Surge in Counterfeit Currency Reported in Sachsen-Anhalt
In 2024, Sachsen-Anhalt, Germany, saw a significant rise in counterfeit currency, with 1,104 fake banknotes totaling €78,500 discovered, compared to 776 totaling €30,500 in 2023; this increase, primarily in €50 notes, mirrors a national trend despite an overall decrease in the national financial los...
Progress
12% Bias Score
Italian Lawyers Arrested in Major Insurance Fraud Scheme
Three civil lawyers and four other professionals in Frosinone, Italy, were arrested and investigated for orchestrating a wide-ranging insurance fraud scheme involving falsified car accidents and inflated damage claims to defraud major insurance companies, including AXA, UnipolSai, Vittoria, Tua, Gen...
Italian Lawyers Arrested in Major Insurance Fraud Scheme
Three civil lawyers and four other professionals in Frosinone, Italy, were arrested and investigated for orchestrating a wide-ranging insurance fraud scheme involving falsified car accidents and inflated damage claims to defraud major insurance companies, including AXA, UnipolSai, Vittoria, Tua, Gen...
Progress
48% Bias Score
Life Sentence for Ponzi Schemer Convicted of Murder
Natalie Cochran, who was already serving a 135-month prison sentence for a $2.5 million Ponzi scheme, was recently convicted of first-degree murder for killing her husband in 2019 and sentenced to life in prison without the possibility of parole.
Life Sentence for Ponzi Schemer Convicted of Murder
Natalie Cochran, who was already serving a 135-month prison sentence for a $2.5 million Ponzi scheme, was recently convicted of first-degree murder for killing her husband in 2019 and sentenced to life in prison without the possibility of parole.
Progress
60% Bias Score
IRS Reports $9.1 Billion in Tax Fraud, Warns of Rising Scam Risks
The IRS reported $9.1 billion (€8.7bn) in fraud from financial and tax crimes in 2024, prompting warnings about various scams including fake refunds, ghost preparers, fake charities, smishing/phishing, back tax demands, social media scams, and schemes targeting non-English speakers and seniors.
IRS Reports $9.1 Billion in Tax Fraud, Warns of Rising Scam Risks
The IRS reported $9.1 billion (€8.7bn) in fraud from financial and tax crimes in 2024, prompting warnings about various scams including fake refunds, ghost preparers, fake charities, smishing/phishing, back tax demands, social media scams, and schemes targeting non-English speakers and seniors.
Progress
16% Bias Score
Showing 61 to 72 of 143 results