NEWS: Greece probes suspected fraud linked to Golden Visa scheme

Regulatory Watch News

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  Police recover $777,000 of a victim’s funds stolen in BEC scam

  Australia Federal Police

  October 1, 2024

  Police have recovered $777,000 stolen in a Business Email Compromise (BEC) scam after the victim sought help quickly – highlighting the importance of reporting cybercrimes to authorities as soon as possible. As part of Cyber Security Awareness Month, which starts today (1 October, 2024), the AFP-led Joint Policing Cybercrime Coordination Centre (JPC3) is sharing how Australians commonly become victims of BEC scams and how they can protect themselves by setting up multi-factor authentication (MFA) and checking the accuracy of email addresses.

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  SEC Charges Olayinka Oyebola and His Accounting Firm With Aiding and Abetting Massive Fraud

  SEC

  September 30, 2024

  Washington D.C., Sept. 30, 2024 —

  The Securities and Exchange Commission today charged Olayinka Oyebola and his Public Company Accounting Oversight Board-registered accounting firm, Olayinka Oyebola & Co. (Chartered Accountants), with aiding and abetting a massive securities fraud perpetrated by Mmobuosi Odogwu Banye, also known as Dozy Mmobuosi, and three related U.S. companies that Mmobuosi controlled (the Tingo entities). The SEC recently obtained a $250 million final judgment against Mmobuosi and the Tingo entities.

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  UK law enforcement works with Bulgarian authorities to stop hundreds of boats and engines destined for people smugglers

  National Crime Agency

  September 30, 2024

  National Crime Agency officers have led a law enforcement partnership with the Bulgarian authorities to prevent hundreds of boats, engines and other pieces of maritime equipment reaching the hands of people smugglers. For the last 12 months the NCA, alongside the Home Office and FCDO, have worked closely with the Bulgarian National Customs Agency and Bulgarian Border Police, sharing intelligence and mounting joint operations targeting the criminal supply chain.