Poland – Financial Treason & Crime

ZDRAVKO LJUBAS, 18 May 2021

Authorities in Europe have dismantled several investment fraud schemes across the continent and recovered some of the money victims lost. Confiscation of proceeds from crimes is a strategic priority of the European Union, Europol said.

With the help of U.K. law enforcement and Europol, Spanish police recovered some of the over 15 million euro (US$18,2 million) hundreds of victims had lost in a ponzi scheme after a Spanish national living in the U.K. tricked them into making seemingly safe investments with high returns.

Police recovered about six million euro ($7,28 million) or some 40 percent of the money people invested, according to Europol. Continue reading “Article: Police Across Europe Crush Ponzi Schemes, Recover Lost Money”

05/17/202105/18/2021

Article: Gang boss laundering money for drug cartels handed over to Poland

Article - Media, Publications

Gang boss laundering money for drug cartels handed over to Poland

thefirstnews, 17 May 2021

A Dutch court has agreed to hand over to Poland a gang boss laundering money for Colombian drug cartels.

Shalom Lior A. (name withheld), wanted on a European Arrest Warrant (EAW), was the boss of a gang which had laundered PLN 1.4 billion (EUR 304 million) for Colombian drug cartels.

An investigation into an international organised crime gang laundering money coming from drug trafficking and internet crimes, so-called phishing, has been carried out by a Lower Silesian unit of the Department for Investigations of Organised Crime and Corruption at the National Prosecutor’s Office in Wroclaw (western Poland). Continue reading “Article: Gang boss laundering money for drug cartels handed over to Poland”

05/13/202105/14/2021

Article: European police bust major online investment fraud ring

Article - Media, Publications

European police bust major online investment fraud ring

Amer Owaida, 13 May 2021

Europol and several national law enforcement agencies have teamed up to take down an investment fraud and money laundering ring that caused losses of approximately €30 million (US$36 million) to hundreds of victims, according to a press release by the European Union’s law enforcement agency.

The investigation led to the arrest of 11 suspects and involved the search of dozens of locations across Europe and Israel with law enforcement officers seizing a range of ill-gotten gains including jewels, real estate, high-end vehicles and some €2 million (US$2.4 million) in cash. The effort was spearheaded by German law enforcement authorities and supported by their peers from Bulgaria, Israel, Latvia, North-Macedonia, Poland, Spain, and Sweden. Continue reading “Article: European police bust major online investment fraud ring”