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Police suspect Millions of Euro scammed in Bitcoin fraud in Ireland

Premium March 31, 2021
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NEWS: PEPs law make politicians, families ‘guilty until proven innocent’ MPs claim in Ireland’s parliament

INSIGHT: New AML rules will change the EU’s financial crime prevention landscape for good. But what will change in practice?

INSIGHT: Compliance managers see €15K rise in salary to €85K; CCOs earning €195K – report

A number of high-net-worth individuals have been conned into investing millions into popular cryptocurrency Bitcoin, by scammers who take control of their cryptocurrency “wallets” after their investment.

A number of affluent individuals have been dubiously scammed into investing millions into Bitcoin, with perpetrators allegedly gaining access to their crypto wallets and large investments after their transaction.

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Premium

NEWS: PEPs law make politicians, families ‘guilty until proven innocent’ MPs claim in Ireland’s parliament

INSIGHT: New AML rules will change the EU’s financial crime prevention landscape for good. But what will change in practice?

INSIGHT: Compliance managers see €15K rise in salary to €85K; CCOs earning €195K – report

Regulatory Watch News

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    Keonne Rodriguez and William Lonergan Hill are charged with operating Samourai Wallet, an unlicensed money transmitting business that executed over $2 billion in unlawful transactions and laundered over $100 million in criminal proceeds

  • Treasury Targets Networks Facilitating Illicit Trade and UAV Transfers on Behalf of Iranian Military

    OFAC

    WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning over one dozen entities, individuals, and vessels that have played a central role in facilitating and financing the clandestine sale of Iranian unmanned aerial vehicles (UAVs) for Iran’s Ministry of Defense and Armed Forces Logistics (MODAFL), which itself is involved in supporting Iran’s Islamic Revolutionary Guard Corps (IRGC) and Russia’s war in Ukraine.

  • Financial sanctions update: Iran

    OFSI

    On 25 April 2024 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. The following 6 entries have been added to the Iran financial sanctions regime and are now subject to an asset freeze:

    • Abbas Abdi Asjerd (Group ID: 16483)
    • Seyed Mohsen Vahabzadeh Moghadam (Group ID: 16480)
    • Alvand Motorbuilding Industries Company (Group ID: 16482)
    • Bonyan Danesh Shargh Private Company (Group ID: 16481)
    • Moj Gostar Aseman Parvaz Company (Group ID: 16479)
    • Pishro Sanat Aseman Sharif Company (Group ID: 16484)

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