Operating under these false pretences, the 57-year-old suspect persuaded numerous investors to entrust him with funds, promising to channel their money into profitable projects. However, investigations have revealed that no such reinvestments occurred. Instead, the suspect allegedly established a complex network of opaque companies and foreign bank accounts to misappropriate the funds, which he used to finance his lavish personal… Read More
Home » Luxembourg issues public appeal for information on fugitive charged with investment fraud
Luxembourg issues public appeal for information on fugitive charged with investment fraud
Related Posts
Two-way migrant smuggling network busted in France and Spain
Europol supported the French National Police (Police Nationale/OLTIM Perpignan) and the Spanish National Police (Policía Nacional/UCRIF Central) in dismantling an organised criminal network smuggling migrants… BronTwo-way migrant smuggling network busted in France and Spain
Crypto investment fraud ring dismantled in Spain after defrauding 5 000 victims worldwide
The action day led to:5 arrests (3 on the Canary Islands and 2 in Madrid)5 searches (3 on the Canary Islands and 2 in Madrid)Europol… BronCrypto investment fraud ring dismantled in Spain after defrauding 5 000 victims worldwide
Understanding and mitigating bias to harness AI responsibly
AI is a strong asset for law enforcement to strengthen its capacities to combat emerging threats amplified by digitalisation through the integration of new technical… BronUnderstanding and mitigating bias to harness AI responsibly