U.S. Extends ‘Foreign Terrorist Organization’ Sanctions to Brazil’s Gangs
The Trump administration will designate Brazil’s two largest criminal gangs as Foreign Terrorist Organizations effective this June, U.S. Secretary of State Marco Rubio said in a statement Thursday.
Italy Seizes over €200 Million in Assets from Deceased Costra Nostra Boss
Italian authorities are seizing more than €200 million ($232 million) in assets tied to late Mafia boss Matteo Messina Denaro, including funds derived from drug trafficking and laundered across Europe and beyond.
U.S. Fuel Trader Under Investigation for Suspected Ties to Cartel Smuggling
A Houston-based petroleum trader raided last month by U.S. federal agents is under investigation in Mexico in connection with a suspected fuel smuggling scheme linked to the Jalisco New Generation Cartel (CJNG).
New Dutch Study Warns Organized Crime Is Infiltrating Society
The Netherlands faces a growing threat from organized crime that is silently corroding state institutions, public services, and democratic governance, according to a new threat assessment published Tuesday by the Strategic Knowledge Centre on Undermining Criminality (SKC).
Directors of Prince Group-Linked Firms Acquired Luxury Tokyo Properties
Company directors connected to Cambodia’s Prince Group, which the United States has designated a transnational criminal organization, have acquired millions of dollars in luxury Tokyo real estate.
How Criminals Their Changed Tactics in Response to EU’s Anti-Mafia Rules
Local governments in southern Italy that colluded with organized crime deliberately avoided large EU-funded projects to stay below anti-mafia certification thresholds, according to new academic research.
In the Age of Mythos, Cyberattacks Could Hit State and Local Targets Hardest
Small towns, school districts, and utilities across the United States lack the staffing and basic cyberdefenses needed to fend off a new generation of AI-enabled hacking threats even as larger institutions scramble to shore up their systems.
Somali Piracy Is Worsening as Global Shipping Circumvents Conflict Zones
A resurgence of piracy off the coast of Somalia is compounding pressure on global shipping already strained by conflict in the Middle East, with multiple vessels hijacked in recent weeks and industry leaders warning of fresh strain on supply chains.
Crypto Heists Spur Fears Anyone Can Be an ‘Elite Hacker’ with AI
Hackers widely believed to be linked to North Korea appear to have used artificial intelligence to pull off two crypto heists in April that netted nearly $600 million. That more can be on the way is rattling the $130-billion decentralized finance sector.
FCA Chief Says Growing Tech Threats Will Force Agency to Triage
The chief executive of Britain’s Financial Conduct Authority (FCA) said the regulator will no longer be able to defend against every illicit-finance threat equally and must openly prioritize what it focuses on as technology-linked scams continue to rise.