Panel IV: Money Laundering – Product of Fraud ......Panel IV: Money Laundering – Product of...
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Panel IV: Money Laundering – Product of Fraud & International Sanctions Europol Unclassified – Basic Protection Level Bucharest, 17/11/17 Grzegorz MAZURKIEWICZ [email protected] tel.: +31 70 3025326 AP Terminal – Operations European Cybercrime Centre (EC3) EUROPOL
Transcript of Panel IV: Money Laundering – Product of Fraud ......Panel IV: Money Laundering – Product of...
Panel IV: Money Laundering –Product of Fraud & International Sanctions
Europol Unclassified – Basic Protection Level
Bucharest, 17/11/17
Grzegorz MAZURKIEWICZ
[email protected].: +31 70 3025326
AP Terminal – OperationsEuropean Cybercrime Centre (EC3)EUROPOL
EMMA – European Money Mule Action1, 2 & 3
Europol Unclassified – Basic Protection Level
International Fraud Awareness WeekFraud & Compliance “The way from Prevention to Deterrence”
Visit:https://www.youtube.com/watch?v=C4J4qg4F7bM
What is money muling in 60 seconds or less..
What is money muling in 60 seconds or less.mp4
Europol Unclassified – Basic Protection Level
• More than 1200 money mules identified across Europe (with links to Ukraine, Qatar, Nigeria, Kenya, and Brazil);
• 580 interrogations and 260 arrests;
• More than 1900 fraudulent transactions reported and linked to MM with more than 100 banks involved;
• 1800 victims identified;
• Losses € 31 million; Seized: € 2.500k;
Europol Unclassified – Basic Protection Level
Results achieved.. in EMMA 1 & 2
BANKS LEAsJOINT
ACTIONWEEK-sIncidents reporting
Cases defining
EMMA operational procedure
preventioncampaign
European levelMS level
Analysis Project (AP)
Terminal
European coordination of EMMAEuropol & Eurojust
Europol Liaison Officers/Eurojust
Prosecutors
Command Post at Europol
Secure Exchange of Operational Information
- SIENA
Europol databases
EC3 AP Terminal
database
MLAT exchange assistanceOn the spot
support
Judicial Coordination
Centre at Eurojust
Mobile Officeoperational /
technical assistance
Europol Unclassified – Basic Protection Level
EMMA2 OPERATIONAL ACTIONS IN 11 countries:
BG, ES, FR, GR, IT, NL, PL, PT, RO, UK, and UKR
MEDIA PREVENTION ONLY IN 6 countries:
DE, HR, HU, LV, MD, and US
EMMA 2 participation
Europol Unclassified – Basic Protection Level
Europol Unclassified – Basic Protection Level
EC3-AP Terminal
2nd European Money Mule Action (EMMA2)Operations 14-18 Nov16 & Media prevention 22-25 Nov16
178 arrests in successful hit against money muling.
The hit on this wide-spread crime was supported by 106 banks and private partners.
Europol Unclassified – Basic Protection Level
10 Europol Unclassified – Basic Protection Level
14 Money Mules arrested in UK linked to
Dyre & Dridex malware
VIDEO link:
https://www.youtube.com/watch?v=gh2EvFzhydc
Losses in excess of £13 million (!)
Europol Unclassified – Basic Protection Level
Europol Unclassified – Basic Protection Level
EMPACT – European Multidisciplinary Platform Against Criminal ThreatsCybercrime Payment Card Fraud Priority Operational Action 4.1 EMMA 1,2 & 3
Interaction with the private sector at national and international level in order to assist national/international investigations related to money mule networks.
MS to continue to focus on identifying and investigating money/goods mule cases.
EMMA 1, 2 & 3
Europol Unclassified – Basic Protection Level
Visit: https://www.europol.europa.eu/content/money-muling
• How are money mules recruited?
• Who are the most targeted individuals?
• What are the warning signs?
• How to protect oneself?(..be cautious of unsolicited emails or approaches over social media..)
• What to do?(..if you have received a job offer..)
Dedicated page on money muling
Europol Unclassified – Basic Protection Level
Thank you, any Qs?
Grzegorz MAZURKIEWICZ
[email protected].: +31 70 3025326
AP Terminal – OperationsEuropean Cybercrime Centre (EC3)EUROPOL
Bucharest, 17/11/17
Europol Unclassified – Basic Protection Level
