German authorities have conducted coordinated searches against a suspected illegal online gambling operation that allegedly processed more than €5.8 billion in wagers between mid-2021 and the end of 2023. The operation took place on 11 September 2026 in Frankfurt and the wider Rhine-Main region, with 11 properties searched by more than 100 officers. The investigation was conducted by the Frankfurt Public Prosecutor’s Office together with the Frankfurt tax investigation author

India’s Financial Intelligence Unit-India (FIU-IND) has issued non-compliance notices to 15 virtual digital asset service providers over alleged failures to comply with the country’s anti-money laundering requirements. The action was taken under Section 13 of the Prevention of Money Laundering Act, 2002 (PMLA), with separate notices issued seeking the removal of the platforms’ applications and URLs from public access in India. The platforms named by FIU-IND are Weex, operated

The US Financial Crimes Enforcement Network (FinCEN) has identified approximately $17.5 billion in suspicious financial activity potentially linked to health care fraud in a review of Bank Secrecy Act reports filed by financial institutions between March 1, 2025 and February 28, 2026. The findings were published in a Financial Trend Analysis examining patterns identified in 5,702 Bank Secrecy Act reports. The reports concerned suspected health care fraud and suspicious receip

Two industry-funded studies have reached strikingly different conclusions about the size of Europe’s illegal online gambling market, highlighting the challenges involved in assessing activity that takes place beyond regulated gambling systems. Research commissioned by Euromat estimates that Europe’s illegal gambling market generated €12bn (US$13.94bn) in net revenue in 2025. According to the study, the market has tripled in value since 2019 and accounted for roughly 25% of Eu