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NEWS: Romania takes down money mule network with ‘hundreds’ of members

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By PAUL O’DONOGHUE, Senior Correspondent

ROMANIAN authorities, working with their British and French counterparts, have dismantled a major money mule network that laundered at least €3 million from online fraud.

The group recruited hundreds of money mules to move the proceeds. EU law enforcement agencies Eurojust and Europol supported the operation, which resulted in arrests and property seizures across Romania and the United Kingdom.

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NEWS: AI adoption rising quickly in Swiss finance, says FINMA

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INSIGHT: UK’s SFO must prove it can prosecute fraud to convince firms to self-report, say expert

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NEWS: SFO new policy pushes DPAs as alternative to fraud prosecutions for UK firms

Regulatory Watch News

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    US Department of Justice

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