NEWS: French cement maker pleads guilty to supporting ISIS; hit with $777.8M (€890M) fine

Regulatory Watch News

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  Operation Economic Outcast Targets Global Maritime Fraud Network Supporting Iranian Regime

  US Department of the Treasury

  November 4, 2026

  WASHINGTON—Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury targeted the vast criminal network of India-based Suniel Kumar Sharma and his spouse, Jaspreet Preeti Shahid, who have supported Iran’s shadow fleet through a web maritime fraud. Their schemes have provided false flags and certifications to sanctioned vessels involved in transporting Iranian petroleum, including vessels operating on behalf of the Iranian military and its proxies.

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  American Man Extradited from Germany to Face Charges of Defrauding U.S. Consumers in Fake Psychic Mailing-Fraud Scheme

  US Department of Justice

  November 3, 2026

  Mael Chemla, 61, a U.S., French, and Israeli national, previously residing in Aventura, Florida, was extradited to the United States from Germany and made his initial appearance in Miami federal court yesterday to face charges for his role in operating a mailing fraud scheme. According to the indictment, unsealed yesterday, Chemla allegedly conspired with others to send letters to victims throughout the United States that appeared to be personalized communications from psychics. The letters falsely informed victims that the psychic had learned of an imminent financial windfall the victim was entitled to receive, and the victim needed to send a payment in order to receive the financial windfall.

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  Not a game: Europol and partners target terrorist role-playing online

  Europol

  November 3, 2026

  Europol’s European Union Internet Referral Unit (EU IRU) coordinated together with Spain a Referral Action Day targeting violent extremist and terrorist live action role-playing (LARPing) in online gaming environments. Specialised units from 16 countries participated in the action.

  Investigators referred over 9 000 links to content promoting jihadist, right-wing, left-wing and anarchist violent extremism and terrorism. The material was disseminated across 47 social media and gaming platforms.