Financial Crime Online

European Union monitors were posted at the Egyptian border of Rafah to oversee controls related to smuggling cash by Hamas in 2006. For regular travelers entering Gaza through Rafah, sums over NIS 80,000 shekels ($19,000) must be declared. Diplomats estimated that Hamas, whose government is restricted by U.S. and EU sanctions, has managed to bring [...]

Late December 2005 the Northern Bank in Belfast (Ireland) was robbed. Modus Operandi: Tiger Kidnap (see earlier posts). The criminals, some dressed as police officers, entered houses of bank employees and held their families at gunpoint, demanding that the employees assist them in the crime. The bank employees worked in cash centers of the bank and [...]