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NEWS: Fresh blow for N26 as German watchdog prolongs 50K cap on monthly customers over AML concerns

SPECIAL REPORT: Exxon Mobil repeatedly warned off mining magnates suspected of money laundering

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NEWS: Top US sanctions architect Andrea Gacki to lead Treasury’s financial crimes team, FinCEN – Yellen

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BREAKING: Reporting of suspicious transactions by EU’s banks rated ‘poor’ by up to half of bloc’s supervisors

NEWS: Two thirds of money mules aged under 30, UK figures show as new prevention campaign launched

NEWS: Barclays wins UK Supreme Court case over push payment fraud

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INSIGHT: European banking supervisors still find it difficult to assess money laundering risk, EBA reveals

NEWS: Belgian central bank fines BNP Paribas €15M for ‘egregious’ AML failings

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NEWS: Australia’s Crown Resorts fined $300M by court for AML failings which saw billions in suspicious transactions in its casinos

NEWS: China’s Ant Group pays $984M fine for AML and corporate governance failings

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SCHUMAN: Europe’s data ‘Aytollahs,’ world’s FIUs decamp to glitzy Abu Dhabi, Britain’s new fincrime ‘SAS’ and Italy chooses Rome as AMLA bid city

AFC SUMMIT RECAP: Join our fireside chat with fincrime expert Kevin Lee who discusses the ‘dos and don’ts’ of AI and tech in the sector

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JCO VAPE: OLAF and international customs authorities crack down on illegal trade in e-cigarettes
OLAF
April 17, 2026
The European Anti-Fraud Office (OLAF), together with customs authorities from 30 countries, has successfully carried out a large-scale operation targeting the illicit trade in e-cigarettes and heated tobacco products. The Joint Customs Operation, (JCO) VAPE resulted in the seizure of over 94 million pieces and over 2,500 kg/l of tobacco products, e-cigarettes, devices, and related goods. This operation (which ran from 14 November to 15 December 2025) marks the first EU and international Joint Customs Operation specifically focused on this rapidly growing commodity. Its results clearly demonstrate both the effectiveness and the necessity of coordinated cross-border action to tackle an increasingly complex and evolving form of fraud.
Scam alert related to banks
HKMA
April 17, 2026
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to the press release issued by the bank listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which has been reported to the HKMA. Hyperlink to the press release is available on the HKMA website.

Bank Type of Scam

The Hongkong and Shanghai Banking Corporation Limited Phishing instant messages
Four men charged following the seizure of $800,000 cash and illicit tobacco products in Sydney
Australia Federal Police
April 17, 2026
A New South Wales man, expected to appear in the Downing Centre Local Court today (17 April, 2026), is one of four men charged following the seizure of $800,000 in cash and a significant haul of illicit tobacco products in Sydney. The AFP alleges the four men - all charged this week - are part of crime syndicate involved in money laundering and the large-scale supply of illicit tobacco products. In late March and April this year, the AFP executed search warrants at homes in Strathfield and Eastgardens, a retail outlet in Bondi Junction, a warehouse in Banksmeadow, and on a vehicle in Surry Hills.