Vietnamese authorities are investigating an alleged online gambling and money-laundering network linked to approximately VND 30 trillion (around US$1.2 billion) in transactions through a reward-based gaming operation known as PinJoy. The investigation has exposed an extensive network of bank accounts, cryptocurrency intermediaries and digital wallets allegedly used to move funds through Vietnam and transfer value to individuals operating overseas. The investigation was led by

James Sutherland, a 77-year-old British citizen and chairman of Zetland Fiduciary Group, has appeared before a federal court in California after being charged with four counts of money laundering in the United States. The indictment alleges that he handled funds that had been represented to him as proceeds generated through computer hacking and that he believed this explanation. The US Department of Justice announced the case on 27 October 2026, confirming that a federal gran

The United Kingdom has extended a general licence permitting certain transactions with four Bulgarian subsidiaries of Russian oil company Lukoil, allowing authorised business activities to continue until 26 February 2027. The extension, announced by the Office of Financial Sanctions Implementation (OFSI) on 28 October 2026, provides additional time for businesses and financial institutions to maintain permitted operations despite UK sanctions affecting the wider Lukoil group.

The European Public Prosecutor’s Office (EPPO) has announced the first convictions in its Goliath investigation, a major cross-border VAT fraud case involving electronics trading, shell companies and the use of a Hawala network to transfer criminal proceeds. A court in Düsseldorf, Germany, found two defendants guilty of participating in a criminal organisation responsible for a scheme that caused an estimated €200 million in damage to EU and national budgets between 2019 and