18 Jul 2018

Peru declares state of emergency on Colombian border, arrests 50 in narcotics sting

Peru declared a state of emergency on Monday to reassert state control over the border area with Colombia. In the ensuing operations, Peru arrested over 50 people, most of them Colombian drug traffickers, in the region where Marxist FARC rebels that did not demobilize following the 2016 agreement are suspected

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17 Jul 2018

Colombia, U.S., Mexico, Panama cooperating to combat the Venezuelan government’s illicit financial networks

Isolated by sanctions over human rights violations, drug trafficking, and corruption, Venezuela has developed a web of illicit financial networks that have helped keep President Maduro’s government in power. Colombia, the US, Mexico, and Panama have recently begun coordinating efforts to combat these illicit networks. The Venezuelan government has also

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13 Jul 2018

China busts $1.5 billion World Cup Bitcoin gambling pyramid scheme

Chinese authorities made 540 arrests and froze or seized millions in assets and cryptocurrency as part of a crackdown on a massive illegal gambling operation centered around soccer. The gambling scheme used 70 mobile apps/websites and boasted 330,000 members, recruited by 20 different participating gangs in the past 8 months.

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12 Jul 2018

The secret story of how America lost the drug war with the Taliban

“A high-stakes plan to indict Afghan drug lords and insurgency leaders on criminal conspiracy charges ran afoul of the Obama team. Five years later, it remains buried under Trump.  Source: The secret story of how America lost the drug war with the Taliban – POLITICO

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12 Jul 2018

Sri Lanka seeks to “replicate the success” of the ongoing drug war in the Philippines

4 local government officials have been killed in the Philippines in one week, raising the number of mayors and vice-mayors killed during Philippine’s war on drugs to 16. The death toll among citizens has surpassed 12,000 since the campaign began in mid-2016, according to Human Rights Watch. Recently, the Sri-Lanka

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11 Jul 2018

Stop the $50bn illegally leaving Africa annually, UN chief tasks international community

$50 billion leaves Africa illegally every year through activities like money-laundering, tax evasion, and misinvoicing. The UN Secretary-General has highlighted this statistic and urged the international community to implement better policies to help curb the issue that is closely connected to development struggles.   Source: Stop $50bn illegally leaving Africa

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11 Jul 2018

French security services ‘on the verge of implosion’, Senators warn

A recent report to the French Senate based on an investigation in 2017 has described security services in France as nearing “crisis,” with one of the authors stating that it is “on the verge of implosion.” The study cites insufficient spending, understaffing, poor equipment, and high suicide rates as severe

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10 Jul 2018

15 Die in Attacks on Bars in Northern Mexican Industrial City

At least 15 people were killed when gunmen, presumably members of the Gulf cartel, coordinated attacks on five bars in the northern Mexican city of Monterrey, allegedly linked to the Cartel del Noreste, an splinter group from the Zetas cartel. It is uncertain how the new Mexican president will react

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10 Jul 2018

Press releases hacked to generate over $100 million in illegal trades

For 5 years, seven stock traders and three hackers gamed the financial system by hacking press releases prior to their publication and using the information to generate over $100 million in trading profit. In the hack that authorities have referred to as the largest financial hacking scheme of its kind,

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09 Jul 2018

Cryptocurrency thieves have stolen over $760 million in 6 months

Cyber thieves have stolen $761 million from cryptocurrency exchanges in the first 6 months of 2018. This is triple the amount stolen from exchanges in all of 2017. “This overall market expansion has created a whole new generation of cyber criminals that didn’t exist 15 months ago,” as laundering markets

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