EUROPOL Action Against European Money Laundering Operations – 2024

EUROPOL Action Against European Money Laundering Operations

Law Enforcement Actions Against Organized Crime in Europe

Authors:
•  SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
•  EUROPOL

About This Article

Judicial and law enforcement authorities from Italy, Latvia, and Lithuania have collaborated to dismantle a large-scale money laundering operation, orchestrated through a Lithuanian financial institution, with over EUR 2 billion laundered since 2017.

The operation involved two main suspects who offered money laundering services online to criminals worldwide, resulting in their detention along with 16 others. Facilitated by Eurojust and Europol, the operation saw the freezing of over EUR 11.5 million in assets and bank accounts.

The institution facilitated fictitious transactions for various criminal activities, including tax evasion and organized crime, while one suspect defrauded Italian authorities of EUR 15 million.

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$3.1 Trillion – Recovering Transnational Organized Crime Profits – Reimagining the World – An Essay – 2024

$3.1 Trillion – Recovering Organized Crime Profits – Reimagining the World

An Essay

How We Can Make A Better World

Author:
•  Tim McGuinness, Ph.D. – Anthropologist, Scientist, Director of the Society of Citizens Against Relationship Scams Inc.

About This Article

Reclaiming the $3.1 trillion lost yearly to transnational organized crime could fuel massive societal transformation.

Redirecting these funds towards education, healthcare, infrastructure, and environmental conservation could spark progress globally. Achieving this vision requires disrupting criminal networks, enhancing law enforcement cooperation, and implementing robust policy reforms. It starts with awareness, commitment, and collective action to reclaim the potential hidden within those lost trillions from transnational organized crime.

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