Tag: AMLA

Regulatory Watch News

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  Lithuania: 27 arrested in probe into fraud involving up to €750 000 in funds for young farmers

  European Public Prosecutor's Office

  May 29, 2023

  Last week, on behalf of the European Public Prosecutor’s Office (EPPO), the Lithuanian Financial Crime Investigation Service (FCIS) carried out 46 searches and arrested 27 suspects for fraud involving up to €750 000 in funds for young farmers. Three of the suspects have been placed in detention. The searches, which involved almost 100 FCIS officers (Finansinių nusikaltimų tyrimo tarnyba), were carried out in the counties of Vilnius, Kaunas, Panevėžys, Šiauliai and Klaipėda. On the radar of the investigation, carried out by the EPPO’s European Delegated Prosecutors in Vilnius (Lithuania), in cooperation with the FCIS, are four business partners managing companies providing agricultural services.

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  Website Alert – Fraudulent website related to Hang Seng Bank, Limited

  HKMA

  May 29, 2023

  The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Hang Seng Bank, Limited relating to a fraudulent website, which has been reported to the HKMA.  A hyperlink to the press release is available on the HKMA website.

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  One of Europe’s biggest pirate IPTV services taken down in the Netherlands

  Europol

  May 24, 2023

  Europol has supported the Dutch Fiscal Information and Investigation Service (FIOD) in taking down an illegal IPTV (Internet Protocol television) service serving over 1 000 000 users across Europe.

  On 23 May, a series of raids were carried out across the Netherlands as part of an illegal streaming crackdown. The officers from the FIOD searched properties in various locations in The Netherlands. Several individuals were arrested on suspicion of involvement in the illegal streaming of premium content.