EFRI researches online fraud schemes and the third-party actors that enable or facilitate them, including payment service providers, banks, social media platforms and other intermediaries.
Analysis of fraudulent investment platforms, recovery scams, victim acquisition methods and cross-border fraud structures.
Research on payment flows, payment processors, banks, crypto entities.
Research on Social Media platforms, affiliates, advertising networks and other intermediaries.
A research note on the scale, structure and impact of online broker scam schemes in Europe.
Read here our report.
A report about how a Dutch licensed PI enabled and supported a transnational criminal organization for years. Read here the report.
EFRI Briefing · De Nederlandsche Bank authorises Qivalis B.V. as an electronic money institution (announced 14 October 2026) · Published 15 October 2026 On
€250 Is the Hook: The FTD in Online Investment Fraud Court records, regulators and fraud operators’ own scripts show that the FTD (first-time deposit)
From Two Facebook Ads to 852: CERT Polska Maps a Toll-Fraud Network on Meta On 23 September 2026, CERT Polska, Poland’s national Computer Security
Warning: Fake “EFRI Restitution Department” Emails Claim Seized Crypto Assets and Request ID Documents Fraudsters are again impersonating EFRI. German-language emails are circulating from
Seven Years of Work, 63 Victims, €1.48 Million in P2P Refunds Approved After years of victim identification, payment reconstruction and persistent follow-up, the P2P
ING has a Payvision Accounting Problem Contradictory figures, missing audit evidence and unresolved victim claims demand documented answers. ING announced Payvision’s phase-out in 2021,
The “Just the Rails” Defence: What the Zelle Fraud Case Means for Wero and Europe On 20 July 2026, the Supreme Court of the
EFRI asks German prosecutors: What happened to the “Wolf of Sofia” investigations? Today EFRI has formally asked the Generalstaatsanwaltschaft Bamberg and its Central Cybercrime
Banking Circle, Kraken and the False Comfort of a Name Match In a recent Austrian victim case, three transfers totalling €60,749 went to Banking
