Tag: gambling

Regulatory Watch News

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  44 arrested in Europe-wide crackdown against high-risk criminal network

  Europol

  November 25, 2022

  An unprecedented international operation, involving judicial and law enforcement authorities from 11 countries, has resulted in the arrest of 44 individuals. The arrested individuals were suspected of belonging to a high-risk criminal network considered one of the most dangerous in the European Union.

  The investigations in eight countries uncovered that several criminal organisations were working together to carry out large-scale poly-criminal activities in and outside the European Union. These include drug trafficking, money laundering and illegal enrichment among others. On 22 November, a total of 94 searches were executed across Europe, targeting both the leaders of these criminal organisations and their associates. The criminal network operated in Lithuania, Latvia, the Czech Republic, Poland, France, Germany and the Slovak Republic.

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  SFC and CSRC hold high-level enforcement cooperation meeting

  Securities and Futures Commission

  November 25, 2022

  The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) recently held the 13th regular high-level meeting on enforcement cooperation.  This was also the first meeting with Mr Luo Zifa, Chief Enforcement Officer and Director-General of Enforcement Bureau of the CSRC after Mr Christopher Wilson assumed the role of the SFC’s Executive Director of Enforcement .

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  Two Victorians charged for using defrauding technology to scam Australians

  Australia Federal Police

  November 25, 2022

  Two Victorians have been charged following an international investigation into a website selling fraud enabling technology responsible for more than $1,000 000 stolen from Australian victims. Operation Stonefish was launched in August 2022 after authorities in the United Kingdom began an investigation into a website that offered a multitude of spoofing services, for as little as £20 British Pounds. Once subscribed the site enabled users to make fraudulent robo-calls including sending One-Time-Pins and other services designed to make the call seem legitimate to the victims.