Mumbai police arrest 12 in alleged Goa-based cyber-fraud network
Investigators say the suspected syndicate targeted victims internationally and used layered financial channels to move proceeds.
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Latest financial crime news
The newest source-attributed reporting from the IMCN newsroom.
Rwanda leads East African peers in latest anti-corruption improvement measure
A 2026 governance data brief points to modest continent-wide progress and stronger relative improvement by Rwanda within East Africa.
Five Amazon countries report 839 arrests in environmental-crime operation
Operation Green Shield 2026 targeted illegal mining, logging, wildlife trafficking, fuel smuggling and land grabbing across shared borders.
UBS unit faces $125 million US penalty over AML-control failures
The enforcement action concerns monitoring of high-risk clients and more than $10 billion in foreign-exchange transactions.
South Africa enters new FATF assessment cycle after grey-list exit
Authorities now face a longer test of whether reforms translate into effective investigation, prosecution and asset recovery.
Kenya risk review highlights real estate and legal services
Kenyan reporting says real estate and law firms sit among sectors drawing closer AML attention as the country works through FATF monitoring.
Global fraud operation intercepts $293 million across 97 jurisdictions
INTERPOL says Operation First Light 2026 led to 5,811 arrests while targeting social-engineering scams and the laundering networks behind them.
Singapore charges four over alleged gold-smuggling and VAT-carousel scheme
Police say a multinational trade-based laundering investigation centres on gold allegedly concealed in signal converters and routed through corporate entities.
FATF urges wider public-private information sharing against illicit finance
A new FATF report examines how financial institutions and public authorities can exchange useful intelligence while respecting data-protection rules.
Japan FSA sets out 2026 AML and financial-crime priorities
The regulator’s latest review covers financial-institution responses and wider trends since July 2025.
Uganda puts asset tracing at centre of stronger financial-crime investigations
Prosecutors and investigators are being urged to improve case-building and follow the proceeds of crime as Uganda prepares for its next AML assessment.
Hong Kong asset-management owner convicted in HK$64 million laundering case
The ICAC says a corruption complaint led investigators to payments routed through multiple companies and individuals over several years.
FATF closes June plenary with updated priorities on illicit finance
Delegates from more than 200 jurisdictions considered evolving threats, monitored jurisdictions and changes to the global AML framework.
South Africa suspends police chief amid contested procurement case
The national commissioner was suspended after being charged over finance-law breaches connected to a police health-services contract.
Congo seeks international arrest step after football-funds convictions
A court convicted football officials over the handling of FIFA Covid-19 relief funds, with one leading defendant sentenced in absentia.
INTERPOL warns AI is accelerating an increasingly connected fraud economy
The 2026 Global Financial Fraud Threat Assessment places fraud at the centre of networks also involved in trafficking, cybercrime and organised crime.
DR Congo creates specialised court for economic and financial crimes
A new court is intended to handle corruption, fraud, money laundering, counterfeiting and embezzlement cases.
Nigeria arraigns former railway chief in alleged money-laundering case
The EFCC says the seven-count case concerns alleged abuse of office, unlawful enrichment and transactions involving US dollars and naira.
Uganda sends nine finance officials to High Court over Shs60bn case
The defendants face charges including corruption, causing financial loss, abuse of office, electronic fraud and money laundering.
Hong Kong arrests 22 over suspected corruption in renovation contracts
Operation Lion Rock examined alleged illicit activity around seven housing-estate and building renovation projects.
Hong Kong anti-graft agency arrests 33 in technology-subsidy probe
Two operations targeted suspected bribery and fraud connected to applications for more than HK$150 million in government technology support.
Ugandan Politician & Diplomat Betty Bigombe behind a cyber and financial crime cartel
Since October 2023, the International Money Crime News Agency has been coordinating an investigative effort that has focused on PEPs especially Diplomats and Cabinet Ministers. In the first part of this series, we bring you the story of Betty Oyella Bigombe.