Large-Scale Fraudulent Investment Scheme Taken Down 

An action day on 11 June 2024 resulted in the takedown of a fraudulent pyramid scheme using an investment model that focused on the leasing and subleasing of cryptocurrency machines, such as exchange machines and hardware for mining. It promised returns of 70% before tax … Read more

New Directive Criminalises Fraud and Counterfeiting of Non-Cash Means of Payment 

The European Parliament and the Council established new rules on combating fraud and the counterfeiting of non-cash means of payment. Directive 2019/713 was published in Official Journal L 123/18 of 10 May 2019. The Directive goes back to a Commission proposal of September 2017 (see … Read more

Statistics on Card Fraud in 2016 

On 26 September 2018, the ECB presented figures on card fraud in 2016. It is the fifth report of this kind. Read more

JHA Council Adopts General Approach on New Law Combating Non-Cash Payment Fraud 

At its meeting on 9 March 2018, the Justice Ministers of the EU Member States endorsed a general approach on new legislation regarding the fight against fraud and counterfeiting of non-cash means of payment. The proposal for a directive was tabled by the Commission … Read more