Financial Crime Online

The BBC reported on rumors that owners of ships themselves are involved in the pirating business. Like the maritime equivalent of the better know plots of the new lover of a woman “kidnapping” her (with her consent) to get the ransom from her current husband. This scenario was designed to run off together in the [...]

An Italian cruise ship with some 1,500 passengers got rid of a bunch of pirates today by shooting back at them while they approached in a rubber boat in waters around the Seychelles.. Pirates still keep pirating, even though the recent tough approach to pirating displayed by a US Navy SEAL team suggest that all understanding [...]

Good ol’ Pirates were in it for gold, women and rum. Nowadays they seem to settle for cash. Is it ? How does that work… pirates hijacking a vessel and demanding a ransom. The vessels’ owner jumps in a helicopter and drops a suitcase loaded with dollars on deck ?Pirates can have bankaccounts ofcourse. Or [...]