NEWS: Italian businessman arrested for suspected link to ‘multi-million’ money laundering scheme

Regulatory Watch News

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  One in eight workers (13%) admit to selling company logins, Cifas research reveals

  CIFAS

  May 5, 2026

  New findings from the UK’s fraud prevention service, Cifas, reveal a worrying shift in attitudes towards insider‑enabled fraud, with 13% of employees saying they have either sold their company login details to a former colleague, or know someone who has, in the past 12 months. For organisations, the normalisation of credential sharing significantly increases exposure to insider threat, cyber, and financial crime, by providing criminals with a trusted route into internal systems. Cifas’ Workplace Fraud Trends report shows that 13% of respondents also believed selling access to company systems was ‘justifiable’. While three quarters (75%) said the act was completely unjustified, the level of acceptance suggests a growing complacency around internal controls and staff responsibility.

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  Poland: EPPO expands corruption probe involving tram modernisation in Upper Silesian-Zagłębie Metropolis

  European Public Prosecutor's Office

  May 5, 2026

  (Luxembourg, 5 May 2026) – Today, in accordance with the procedures laid down by the EPPO Regulation and the Polish national law, the European Chief Prosecutor requested to the Polish Parliament (Sejm) the lifting of immunity of one active Member of Parliament for suspected trading in influence in an investigation of the European Public Prosecutor’s Office (EPPO) in Katowice, linked to the EU funded modernisation of tram infrastructure in the Upper Silesian-Zagłębie Metropolis.

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  Ten men charged, more than $1.1m cash and 120kg drugs seized after WA JOCTF investigation

  Australia Federal Police

  May 5, 2026

  Ten men have been charged after a Western Australia Joint Organised Crime Task Force (WA JOCTF) investigation into an alleged drug and money laundering network operating across Australia. The syndicate is alleged to have attempted to traffic methylamphetamine and heroin into WA in vehicles they were driving from interstate and transferred the alleged cash from drug sales into cryptocurrency in a bid to avoid police detection.