Category: Insight

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OPINION: Key tips for businesses to improve their AML recruitment

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INSIGHT: Golden Visas and Anti-Money Laundering: Economic Opportunities and Global Risks

NEWS: Basel AML Index 2024 ranks San Marino first, Myanmar last – here’s the rest of the Top and Bottom 10

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INSIGHT: Now Szego is incoming chief, who are the five who may join her on AMLA Executive Board?

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INSIGHT: One of the world’s biggest insurance firms has fallen foul of U.S. sanctions – here are the key lessons

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TECHNOLOGY NL: Trump’s crypto embrace and why slow AI adoption leaves businesses vulnerable

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INSIGHT: Art experts fear UK’s AML crackdown will push rich buyers to New York and Hong Kong

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NEWS: Global efforts against financial crime need better co-operation between AML and data regulators, FATF chief de Anda tells IAFCS2024

OPINION: Why Egmont must be transparent and tell us rationale behind reported move to Qatar

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ANALYSIS: Long shadow of Danske ensnared Bonnesen – guilty but hardly most culpable in Nordic rush to enable oligarchs

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INTERVIEW: Jersey’s FIU chief on strategy to secure more money laundering prosecutions; unfair to accuse island of ‘something it isn’t’

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ANALYSIS: ‘Strongmen’ governments weaponise FATF recommendations claim; body issues statement in response

Panamanian Doctor Pleads Guilty in Criminal Fraud Case Expected to Save U.S. Government $25M
US Department of Justice
April 15, 2025
Based on assistance provided by the United States, Panamanian authorities have obtained a criminal plea from Dr. Rolando Chin, a surgeon residing in Panama, in connection with a widespread fraud scheme perpetrated against the Department of Veterans Affairs (VA) by Dr. Chin and others in Panama. The Department of Justice, the Department of State, and VA initially uncovered rampant fraud perpetrated by various medical doctors and pharmacies in Panama making claims to the VA’s Foreign Medical Program (FMP), which supports vital medical care for U.S. veterans living abroad.
Encrypted app intelligence exposes sprawling criminal networks across Europe
Europol
April 15, 2025
Law enforcement authorities across Europe and Türkiye have dismantled four major criminal networks responsible for fuelling the flow of drugs into the EU and Türkiye, following a series of coordinated raids supported by Europol. These results were made possible by the continued exploitation of encrypted communication platforms, including Sky ECC and ANOM, which remain powerful tools in the hands of investigators.
Unmasking the drug pipelines into Europe
On 15 April, coordinated raids took place in several European countries and Türkiye, targeting both the leadership and logistical arms of these criminal networks. A total of 232 suspects have been arrested, including High Value Targets who played a pivotal role in drug trafficking and money laundering operations.
France: EPPO carries out searches and arrests seven people in probe into VAT fraud involving luxury cars
European Public Prosecutor's Office
April 15, 2025
(Luxembourg, 15 April 2025) – The European Public Prosecutor’s Office (EPPO) in Paris (France) has carried out searches and arrested seven suspects in several cities in France, in a probe into an alleged VAT fraud involving valuable vehicles, conducted between 4 February and 10 April 2025. On 11 April 2025, three of the suspects were charged with organised fraud, money laundering, criminal conspiracy and abuse of vulnerable persons. They are subject to coercive and preventive measures, including prohibition to speak to other suspects.