Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

EU, EU/Europe, Financial Crime

INSIGHT: Louvre heist – Inside Antwerp’s jewellery underworld

Premium November 12, 2025

People stand outside the Louvre Museum, after French police arrested suspects in the Louvre heist case, in Paris, France October 26, 2025. REUTERS/Abdul Saboor

Premium

NEWS: Spain busts money laundering network exploiting Ukrainian women

 Premium

NEWS: IRS-CI Chief says CTRs helped trace $92m in drug money ‘funneled through shell companies’

 Premium

NEWS: AUSTRAC publishes guidance on its new Compulsory Examination Power

By Gabriel Stargardter and Juliette Jabkhiro

IN the hours after the Louvre heist, Belgian police received an alert from their French counterparts, urging them to be on the lookout for anyone trying to hawk the stolen jewels, according to two Antwerp police officers.

The alert came via the “Pink Diamond” network, a secure channel overseen by EU law enforcement agency Europol that unites investigators specialized in high-value thefts.

AML Intelligence
Subscribe now to have unlimited access

With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!

View subscription optionsIf you have an account, log in
Premium

NEWS: Spain busts money laundering network exploiting Ukrainian women

 Premium

NEWS: IRS-CI Chief says CTRs helped trace $92m in drug money ‘funneled through shell companies’

 Premium

NEWS: AUSTRAC publishes guidance on its new Compulsory Examination Power

Regulatory Watch News

  • Caastle Founder Pleads Guilty To $300 Million Fraud Scheme

    United States Attorney Office -Southern District of New York

    United States Attorney for the Southern District of New York, Jay Clayton, announced today that CHRISTINE HUNSICKER, the founder and former Chief Executive Officer of CaaStle Inc. (“CaaStle”), pled guilty to one count of securities fraud in connection with a scheme to defraud hundreds of investors in CaaStle, a retail-technology business.  As part of her plea, HUNSICKER agreed to forfeit nearly $300 million in proceeds from her illegal scheme, as well as from a scheme to defraud investors in P180, a related business venture.  HUNSICKER pled guilty today before U.S. District Judge J. Paul Oetken.

  • Explainer: What is the Commission on Narcotic Drugs?

    UNODC

    Globally, the number of people who used drugs rose to 316 million in 2023, a historic high.  The UN Office on Drugs and Crime’s (UNODC) 2025 World Drug Report shows that a new era of global instability has intensified challenges in addressing the world drug problem, empowering organized crime groups and underscoring the need to strengthen responses, cross-border cooperation and judicial action that targets key actors driving these networks. The Commission on Narcotic Drugs (CND), the United Nations’ central drug policy-making body, is meeting from 9-13 March 2026 to take stock of progress made in the implementation of international drug policy commitments.

  • Europol has identified AI powered fraud as a key problem area
    12 members of money laundering scheme exploiting Ukrainian women arrested in Spain

    Europol

    An international operation in Spain targeting a money laundering scheme resulted in the arrest of 12 suspects. The disrupted criminal network systematically exploited vulnerable Ukrainian women to open bank accounts, which were used in gaming platforms and to transfer illicit profits. Authorities estimate that the criminal organisation made a profit of EUR 4.75 million using this method. Spanish authorities, in close cooperation with Ukrainian police, led the operation with support from Europol and INTERPOL.

Sign Up To Our Newsletter

Contact Us