News

Reflections on possible accounting fraud and money laundering constructions at Wirecard By Dick Crijns, senior advisor AMLC Background During the last two weeks I have been regularly asked questions about potential fraud at Wirecard. I...

The European Commission has set up a financial crime unit together with Europol. The new European Financial Economic Crime Center (EFECC) was officially launched on June 5th. The need for this partnership has existed for...

The Netherlands Supreme Court dated 9 July 2019, alternative scenario: ECLI:NL:HR:2019:1137 The Court of Appeal based its conviction on the indirect method of proof. In short it means that an accused can be convicted of...

Last summer, the Dutch government launched a money laundering action plan. The plan proposes measures to tackle money laundering by raising barriers, by making the gatekeeper function more effective, and by strengthening the investigation and...

We already addressed Scottish Limited Partnerships (SLPs) at the end of 2017. This is a legal form under Scottish law where the actual owner can be shielded. Our article on the Azerbaijani Laundromat and the...

Diëgo Crijns, AMLC senior advisor During money laundering training sessions I show a lot of examples of how you can use ordinary things for money laundering. I am often asked “do criminals really do that?”....

D. Crijns, AMLC senior advisor Most of you are familiar to the so-called Russian laundromat, a $20 billion money laundering scheme during the period 2010 - 2014. A few weeks ago, the journalist collective OCCRP...

Overijssel Court, 13 February 2018, cash in rolled chicken meat: ECLI:NL:RBOVE:2018:421 The suspect has emerged during a money laundering investigation, aimed at co-suspects in Aruba. The investigation showed that the suspect spoke in veiled terms...

Court of Justice in The Hague, 15 September 2017: Money laundering by filing a tax return This was a case where fraud in medical expenses was brought to light. False invoices were made up in...

First Dutch National Risk Assessment, December 2017, carried out by the Dutch Research and Documentation Centre (WODC), commissioned by The Ministry of Finance and the Ministry of Security and Justice. Full text               Summary