money laundering

Pierluigi Paganini March 10, 2017
Ennetcom – Dutch Police confirmed to have decrypted BlackBerry PGP messages in a criminal case

The Dutch police decrypted a number of PGP messages sent by crooks through their BlackBerry mobile devices for the criminal investigation on Ennetcom. PGP is an open source end-to-end encryption standard that can be used to sign emails, files, documents, or disk partitions. On April 2016, the Dutch Police arrested a 36-year-old man on suspicion […]

Pierluigi Paganini January 23, 2017
Western Union agreed to pay $586 Million to settle fraud charges

The money transfer leader company Western Union has agreed to forfeit $586 million  to settle fraud charges and admitted it facilitated scammers. Money transfer leader company Western Union has admitted to facilitating wire fraud and it has agreed to pay $586 million to settle fraud charges from the U.S. Federal Trade Commission (FTC) and the Department of Justice. The services […]

Pierluigi Paganini September 04, 2016
Dutch Police seized two servers of the VPN provider Perfect Privacy

The Dutch Police has seized two servers belonging to Switzerland-based Virtual Private Network (VPN) provider Perfect Privacy, as part of an investigation. Recently, two European countries, France and Germany, have declared war against encryption with an objective to force major technology companies to build encryption backdoors in their secure messaging services. The fight to the cybercrime is […]

Pierluigi Paganini August 02, 2016
A Nigerian man behind the $60m online fraud network arrested by the Interpol

Interpol arrested the Nigerian mastermind of an online fraud network. He will face charges of hacking, conspiracy and obtaining money under false pretences. The Interpol announced the arrest of a 40-year-old Nigerian national that the mastermind behind an online fraud network which made illegal profits worth more than $60 million (54 million euros). The  Nigerian […]

Pierluigi Paganini April 24, 2016
Dutch police seize the Ennetcom encrypted communication network

The Dutch police in an international effort with Canadian authorities seized the Ennetcom encrypted communication network used by 19,000 users. Another success of the Dutch law enforcement against the cybercrime. The police arrested the owner of Ennetcom, a provider of encrypted communications with more than 19,000 customers. Prosecutors suspect he was using the business to manage […]

Pierluigi Paganini April 17, 2016
Europol and Italian Carabinieri an international ATM Skimming network

The Italian law enforcement corp Carabinieri and the Europol have dismantled an international criminal group responsible for large-scale ATM skimming. Last Week, the Italian law enforcement corp Carabinieri, in a joint operation with the Europol, has dismantled an international criminal group responsible for large-scale ATM skimming, forgery of documents and money laundering. The operation was codenamed […]

Pierluigi Paganini February 03, 2016
Europol, a new move against terrorism and money laundering

The Europol is increasing its efforts against terrorism, it has joined forces with EU to fight terrorist financing and money laundering. Since 1 January 2016, Europol has increased the level of integration among the nodes of the decentralised computer network of the European Union Member States’ Financial Intelligence Units (FIUs), the FIU.net. “FIU.NET is a decentralised computer network […]

Pierluigi Paganini November 26, 2015
Russia, Hackers Stole $4 Million in cash with Reverse ATM Hack method

Russian criminals Steal $4 Million In cash with a new technique dubbed reverse ATM Attack. Russian hackers have adopted a new technique, dubbed Reverse ATM Attack to steal Millions of dollars from ATMs of financial institutions. According to the experts at security firm GroupIB, the Reverse ATM Attack allowed criminal rings in Russia to steal 252 Million […]

Pierluigi Paganini November 20, 2015
EU plans to ban Bitcoin to curb terrorism funding

According to a draft document seen by the Reuters the EU plans to ban bitcoin and any form of anonymous payment online to curb terrorism funding. European Union countries are planning to ban virtual currencies and any form of anonymous payments online, even through pre-paid cards. According to a draft document seen by journalists at […]

Pierluigi Paganini April 28, 2015
Europol, Italian Police & FBI dismantled a cyber criminal gang

Italian police with the support of the Europol and the FBI arrested 10 members of a criminal gang that targeted many individuals and firms across the Europe. Italian law enforcement Guardia di Finanza with the support of the Europol and the FBI arrested ten members of a criminal organization operating in Italy and involved in Internet scams. […]