On 30 August, The Shift said that a whistleblower has claimed that a Malta operator was potentially linked to the illegal proceeds of one of the biggest-ever online financial scams.  The named operator has come under the spotlight after reports detailing its potentially shady past and its links with those involved in corruption, crime, and money laundering.  It was allegedly funded through a fraud involved a network of companies, brands and individuals operating illegal call centres, trading sites and betting sites throughout Europe and which is said to have scammed at least 200,000 vulnerable and elderly people out of more than €200 million.  It is also said that documents show the operator was set up with funding from 2 companies, both of which are labelled as scams and being involved in money laundering.

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at

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

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: