Reported by NC Attorney General Jeff Jackson Fentanyl kills about six North Carolinians a day and over 100 Americans a day. Billions of dollars in drug proceeds are laundered each year through an underground banking network that relies heavily on the messaging platform WeChat. Until now, the company has done little to help law enforcement […]

Reported by Benjamin Weiser and Colin Moynihan (Excerpt shared below. To read full report, go to: https://www.nytimes.com/2026/03/11/nyregion/halkbank-turkey-sanctions-money-laundering.html) A Manhattan federal judge on Wednesday took a first step that could lead to the dropping of criminal charges against a Turkish bank that has been accused of laundering billions of dollars of Iranian oil and natural gas proceeds. The […]

Reported by Urriolagoitia (Rio) Miner (Summary version featured below. To read full report, go to: https://www.thomsonreuters.com/en-us/posts/corporates/us-iran-war-financial-crime-implications/) A potential U.S.–Iran conflict could trigger major financial volatility and large movements of money into and out of the region, creating both legitimate and illicit financial flows. Geopolitical crises historically accelerate capital movement as businesses, governments, aid groups, and […]

Report by OCCRP (Excerpt shared below. To read full report, go to: https://www.occrp.org/en/news/report-describes-cryptos-350-billion-shadow-war) Crime syndicates and hostile states — specifically Russia, North Korea and Iran — are increasingly turning to cryptocurrency to launder money and evade sanctions, according to a new report that estimates $350 billion has been laundered globally between 2005 and 2025. The […]

Reported by Demian Bio (Except shared below. To read full report, go to: https://www.latintimes.com/justice-department-reportedly-preparing-criminal-indictment-against-venezuelas-interim-leader-595280) The Department of Justice is preparing a criminal indictment against Venezuela’s interim leader Delcy Rodriguez, according to a new report. Reuters detailed that the indictment accuses Rodriguez of corruption and money laundering, and has been backed by President Donald Trump. “Our report shows that the Trump […]

Reported by Don Fort (Excerpt shared below. To read full report, go to: https://news.bloombergtax.com/tax-insights-and-commentary/irs-investigators-are-fighting-mission-drift-alongside-criminals) Every year, IRS Criminal Investigation, or CI, stands at the front lines of a hidden battle to uncover billions of dollars that vanish into intricate networks of financial crime. Its mission—to relentlessly pursue those who exploit the financial system, to follow […]

Reported by KEN UNDERHILL (Excerpt shared below. To read full report, go to: https://www.esecurityplanet.com/threats/the-dark-side-of-luxury-brands-fraud-and-laundering/) Haute couture may be showcased under chandeliers and velvet ropes, but its underground counterpart operates in Telegram channels, crypto wallets, and dark web storefronts.  What looks like a niche problem of fake handbags is, in reality, a sprawling shadow economy where luxury goods […]

Reported by MASON BOYCOTT-OWEN (Excerpt shared below. To read full report, go to: https://www.politico.eu/article/world-money-launder-are-shifting-crypto-uk-report-warns/) Western governments are being urged to clamp down on cryptocurrency as new research suggests $350 billion has been laundered by criminals and hostile states using the technology in the past two decades. A new report for the Henry Jackson Society think […]

Reported by Vidhya Edwards Munnangi (Excerpt shared below. To read full report, go to: https://www.privatebankerinternational.com/news/efg-luxembourg-offices-raided/) Authorities in Luxembourg searched the offices of EFG Bank Luxembourg as part of an ongoing investigation initiated in 2025. The probe, led by judicial officials in the Grand Duchy, is focused on suspected money laundering activities and failures in anti-terrorism […]

Reported by David Yaffe-Bellany and Michael Forsythe (Excerpt shared below. To read full report, go to: https://www.nytimes.com/2026/02/24/technology/richard-blumenthal-iran-binance-inquiry.html) A top Democrat on the Senate Homeland Security committee opened an inquiry on Tuesday into concerns about possible sanctions violations raised by internal investigators at Binance, the world’s largest cryptocurrency exchange. Citing reports in The New York Times and two other outlets, […]