422 ARRESTED AND 4,031 MONEY MULES IDENTIFIED IN GLOBAL CRACKDOWN ON MONEY LAUNDERING

A Europol news release on 2 December advised that law enforcement authorities from 26 countries and Europol announce the results of the European Money Mule Action ‘EMMA 6’, a worldwide operation against money mule schemes. Between September and November, EMMA 6 was carried out for the sixth consecutive year with the support of the European Banking Federation, FinTech FinCrime Exchange, Interpol and Western Union.  As a result, 4,031 money mules were identified alongside 227 money mule recruiters, and 422 individuals were arrested worldwide.  During the span of the operation, 1,529 criminal investigations were initiated. With the support of the private sector including more than 500 banks and financial institutions, 4,942 fraudulent money mule transactions were identified, preventing a total loss estimated at €33.5 million.

https://www.europol.europa.eu/newsroom/news/422-arrested-and-4%C2%A0031-money-mules-identified-in-global-crackdown-money-laundering

https://www.brusselstimes.com/news/eu-affairs/143514/worldwide-crackdown-on-money-laundering-mules-422-arrests

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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