FINTRAC imposes an administrative monetary penalty on The Toronto-Dominion Bank
FINTRAC
FINTRAC announced today that it has imposed an administrative monetary penalty on The Toronto-Dominion Bank. Following a compliance examination in 2023, this bank in Toronto, Ontario, was imposed an administrative monetary penalty of $9,185,000 on April 9, 2024, for non-compliance with Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and its associated Regulations.
Operation PANDORA shuts down 12 phone fraud call centres
Europol
In the early hours of 18 April 2024, German, Albanian, Bosnian-Herzegovinian, Kosovar* and Lebanese police forces raided 12 call centres identified as the source of thousands of daily scam calls. 21 persons were taken into custody during this Europol-supported action day, which took down a criminal network responsible for defrauding thousands of victims through the use of various modus operandi. The callers’ playbooks would range from shocking fake police calls, persuasive investment fraud or heart-wrenching romance scams. In an unprecedented law enforcement effort, a large-scale German investigation evolved into Operation PANDORA, which identified 39 suspects.
Croatia: Former Deputy Minister arrested in investigation involving University of Zagreb
European Public Prosecutor's Office
(Luxembourg, 2 May 2024) – At the request of the European Public Prosecutor’s Office (EPPO) in Zagreb (Croatia), a former Deputy Minister at the Ministry of Culture and Media, currently Chief Conservator at the Directorate for the Protection of Cultural Heritage, was arrested today on suspicion of corruption, in an investigation into the Faculty of Geodesy of the University of Zagreb. The former dean of the Faculty of Geodesy and a former professor at the same faculty were also arrested today.