Guardian

Organised crime group busted, charged with money laundering

June 17, 2025

Latvia’s State Police and its Department of Organised Crime have completed an investigation in partnership with the Prosecutor’s Office of the Rīga District Court into an organised gang which is [..]

Guardian

Former Swedbank CEO convicted in money laundering case

September 11, 2024

A former chief executive of Swedbank was sentenced on Tuesday to 15 months in prison by a Swedish appellate court for deceiving investors about the bank’s links to a money [..]

Estonia

18-25-year-olds easy prey for recruitment into money laundering schemes

March 28, 2024

According to SEB Estonia, practice shows that young people aged 18-25 are an easy target for fraudsters recruiting for money laundering schemes. Katlin Kukk, manager of SEB’s security center, said [..]

Lithuania

Lithuania’s c. bank orders Paysera to provide info on Stepukonis’ gambled away millions

February 6, 2024

The central Bank of Lithuania has ordered Paysera to provide related information as Sarunas Stepukonis, a former partner at BaltCap Infrastructure Fund, an fund managed by BaltCap, an investment company, [..]

Estonia

United States to give USD 50 mln of Danske Bank penalty to Estonia

October 13, 2023

As an expression of gratitude for its cooperation in the investigation of the Danske Bank money laundering case, the US Department of Justice will share 50 million US dollars in [..]