For the first time in the UK, the National Crime Agency has secured the forfeiture of sanctioned funds under the Proceeds of Crime Act. The money, which the NCA argues was held for the benefit of Petr Aven despite not being in his name, had been frozen since 2022, when he was sanctioned by the
The National Crime Agency and seven UK banks have launched a major project to identify and take action against organised crime. The participating banks are providing the NCA with account data indicative of potential criminality. Subject matter experts and investigators from the NCA and the banks have formed a joint team to analyse the data
On 11th July 2024 the NCA obtained a Recovery Order over funds totalling £1,079,000 from bank accounts argued to have been used as part of an international money laundering network. This was the final element of a civil recovery investigation which focussed on assets of Gregory Candy-Wallace, which the NCA argued were being used by
The National Crime Agency has coordinated global action against illicit software which has been used by cybercriminals for over a decade to infiltrate victims’ IT systems and conduct attacks. Unlicensed versions of Cobalt Strike, a penetration testing tool used to check for vulnerabilities in a company’s network and help improve cyber security, were targeted during
Four people have been detained in Moldova in relation to a suspected corruption scheme to bribe officials in Moldova and elsewhere for wanted persons to avoid detection by Red Notices published by INTERPOL. INTERPOL’s Red Notice system allows requests to go out to law enforcement worldwide to locate and arrest criminals wanted by member states.
