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The UK's Financial Conduct Authority (FCA) has arrested three individuals in a major operation targeting a suspected organised criminal network allegedly involved in insider dealing and money laundering. The coordinated enforcement action, conducted alongside the National Crime Agency (NCA) on 13 October 2026, involved more than 100 personnel, searches of five residential properties and the seizure of over 30 electronic devices. The investigation represents a significant in

Vietnam has introduced stricter beneficial ownership and customer due diligence requirements, obliging banks and other regulated institutions to investigate complex corporate structures, identify individuals exercising ultimate control, and examine ownership arrangements extending beyond the country's borders. The measures, introduced under Government Resolution No. 66.23/2026/NQ-CP, took effect on July 24, 2026, and establish more detailed requirements for identifying the

Iron ore trader Radiant World and related companies are facing allegations of fraud and money laundering after US investment fund Mariner Atlantic Multi-Strategy LLC filed a criminal complaint with the Geneva Public Prosecutor’s Office in Switzerland. The complaint, filed around September 14, 2026, names Radiant World, its Swiss subsidiary, related entities, founder Pinkesh Nahar and other individuals. Mariner is asking Swiss prosecutors to open a criminal investigation, sear

The United States Department of Homeland Security (DHS) has released the names and photographs of 24 Nigerian nationals arrested by immigration authorities over alleged criminal offences, including fraud, money laundering, drug-related crimes, identity theft, assault and weapons violations. The announcement comes as President Donald Trump’s administration intensifies its immigration enforcement campaign, with the US Immigration and Customs Enforcement (ICE) carrying out arres

Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), has set revised deadlines for Deutsche Bank AG to address deficiencies in the data-processing systems used to monitor transactions and business relationships for potential money laundering and terrorist financing. The measure was issued on September 15, 2026, became final on October 6 and was publicly announced on October 9. It updates earlier supervisory orders issued in April 2021 and Novemb

Oleg Korniev, a 42-year-old dual citizen of Ukraine and Russia, has pleaded guilty in the United States to leading an international money laundering organisation that helped cybercriminals move funds stolen from American businesses and bank accounts overseas. The organisation, known as Your Mule Cashout (YMCO), recruited more than 15,000 US-based money mules and laundered at least $7 million in criminal proceeds, according to court documents. The network was linked to losses

Brazil’s regulated online gambling market has effectively closed, marking a dramatic reversal for a sector that only recently moved into a nationwide licensing framework. Licensed sports-betting and online-casino platforms were taken offline on October 6 after the government’s deadline for ending operations passed without an intervention from the Supreme Federal Court. Major operators, including Betano, Sportingbet, Betnacional, Esportes da Sorte and Superbet, withdrew their

French security services recorded nearly 7,630 people as suspects in money laundering offences in 2025, according to new statistics published by France’s Statistical Service for Internal Security (SSMSI). The figures form part of a new statistical series covering money laundering and terrorist financing cases recorded by French security services between 2021 and 2025. The data was published on October 7, 2026, as part of work conducted under France’s Council for the Orientati

Cambodian authorities are preparing nationwide inspections of licensed casinos as part of an intensified campaign against unauthorised online gambling and cyber scam activities operating from casino premises. The inspections will begin during October 2026 and will focus on ensuring that land-based casinos comply with the conditions of their licences and do not secretly operate or provide facilities for online gambling. The inspection programme was agreed at a meeting on Octob

New York-based investment fund Mariner Atlantic Multi-Strategy has filed a criminal complaint in Switzerland against iron ore trader Radiant World and related entities, alleging fraud and money laundering in connection with financing obtained for metals transactions. The complaint was filed with the Geneva Public Prosecutor’s Office on or around September 14 and names Radiant World, its Swiss subsidiary, Sapphire Minmetals Corporation and founder Pinkesh Nahar. Mariner is see

Greece’s Anti-Money Laundering Authority has identified a money laundering method involving excessive payments to utility providers that are later refunded to customers, allowing illicit funds to appear as legitimate repayments. The authority said its operational analysis identified individuals presenting themselves as residents of Greece who entered into contracts for electricity, telecommunications, water or other utility services linked to properties they owned or rented.

De Nederlandsche Bank (DNB) has imposed an administrative fine of €722,160 on electronic money institution Modulr Finance B.V. for serious deficiencies in its ongoing monitoring of customers and transactions. The fine relates to the period from January 1, 2023, to July 16, 2024. DNB identified shortcomings through its review of 10 customer files and concluded that Modulr had failed to adequately monitor customer relationships and transaction activity over a prolonged period.

The European Central Bank is proposing a broader and more proportionate supervisory framework for small and non-complex banks, potentially bringing around 150 additional institutions within the lighter regime. The proposals, outlined by ECB Executive Board member and Supervisory Board Vice-Chair Frank Elderson, would expand the existing framework for small and non-complex institutions (SNCIs) rather than creating a separate regulatory regime for smaller banks. The current SNC

Greater Manchester Police have arrested two men on suspicion of money laundering after two separate vehicle interceptions on the Manchester motorway network led to the seizure of approximately £160,000 in cash. The operation, described by police as an intelligence-led and coordinated response, involved officers stopping vehicles travelling into Greater Manchester from Merseyside. The arrests followed a series of developments on Friday, 2 October 2026, when Greater Mancheste

Belgian authorities have launched a major investigation into suspected money laundering and organised criminal activity involving companies, allegedly fictitious commercial transactions and individuals acting as nominal company managers. The investigation came to public attention after Belgian investigators conducted 15 searches on 29 September 2026. The operation was carried out by Belgium’s Federal Judicial Police in Charleroi as part of an inquiry into an alleged compens

A California technology executive is facing a money-laundering conspiracy charge in connection with an alleged scheme to divert more than $300 million worth of controlled computer servers to China, according to the U.S. Department of Justice. Greg Lui, the owner of Earthmade Computer Inc., was arrested on October 1, 2026. Prosecutors allege that servers containing graphics-processing units manufactured in the United States were exported to China without the necessary auth

Hong Kong’s Securities and Futures Commission (SFC) has reprimanded and fined Zheng Da International Financial Holding Limited HK$7 million for a series of regulatory deficiencies involving anti-money laundering and counter-financing of terrorism (AML/CFT) controls, client trading systems, deposits and futures-order monitoring. The regulator has also suspended the licence of Zheng Da’s responsible officer, Zhong Hao, for seven months. His suspension runs from 28 September 2

Hundreds of additional unauthorised betting domains have emerged in Brazil within just two days of the government announcing a ban on online betting, highlighting the scale of the challenge authorities face as they move to curb the country’s illegal gambling market. Monitoring conducted by Bet Legal in collaboration with cybersecurity company Iron Security identified 710 unauthorised betting domains by Sunday evening, a sharp increase from the 295 domains recorded at 18:00

The UK Financial Conduct Authority has secured confiscation orders totalling £851,402.27 against two men convicted of operating a fraudulent cryptocurrency investment scheme that caused at least 65 investors to lose £1,541,799. At a hearing at Southwark Crown Court on September 28, 2026, Raymondip Bedi was ordered to pay £603,404.28, while Patrick Mavanga was ordered to pay £247,997.99. The orders follow a fraudulent investment scheme operated by Bedi and Mavanga between Febr

Vietnamese national Trung Nguyen Van, 37, has been charged in the United States with two counts of money laundering over his alleged role in cryptocurrency investment fraud schemes that targeted U.S. victims. The criminal complaint, filed in the Western District of Missouri and unsealed following Van’s initial appearance in federal court in Los Angeles, alleges that cryptocurrency wallets attributed to him received approximately $53.3 million in assets linked to wire fraud sc