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.
The Wolfsberg Group’s new guidance on banking services for non-bank payment service providers addresses a structural weakness in the payment system: banks provide the
Københavns Andelskasse and Payvision: Victims Left to Chase Empty Shells Danish authorities have secured another conviction in the Københavns Andelskasse money-laundering scandal. But the
On 25 June 2026, the Court of Appeal of England and Wales is scheduled to hear the appeal in the Hamblin & Anor v
ING’s new AML settlement and the same message ING Belgium has agreed to pay a €1.6 million criminal settlement in a money-laundering investigation linked
A new U.S. class action against Circle raises a fundamental question for the digital financial system: when does a crypto infrastructure provider stop being
The criminal case we have been following for years has now reached a major procedural milestone. On 27 January 2026, the Regional Court of
Fraud does not operate on lies alone. It operates on accounts. On payment rails. On internal transfers. On outgoing wires. On institutions willing to
A leaked Commission draft for a so-called “Digital Omnibus” would undermine core GDPR protections under the guise of “simplification.” It would narrow the scope
Mercuryo’s SLAPP against EFRI As of 24 April 2023, the mercuryo group initiated a SLAPP – Strategic Lawsuit Against Public Participation – against EFRI
