EFRI filed again money-laundering complaints

Share on facebook
Share on twitter
Share on linkedin
Money laundering complaints

EFRI filed again money-laundering complaints

As discussed in our latest blog post, EFRI continues to file money-laundering complaints against scam facilitating payment processors based on the documentation provided by victims. We think that only if the European banks or the acquiring organizations stop to enable the money flow from the victims to the fraudsters the ongoing fraud on thousands of European retail victims can be ended.

The German Spiegel magazine, one of the most prominent and most influential media outlets in the German-speaking markets, did an extensive report on our activities. The magazine specifically reported the money-laundering complaints filed and spoke with two registered victims. It is a pretty comprehensive report on how much fraud occurs and explains why banks should stop enabling such fraud.

We will go on with our activities and pressure the authorities by requesting actions on our money-laundering complaints.