Customs Operation Daphne Detects Huge Volume of Illicit Cash Flows
8 December 2020 (updated 3 months, 2 weeks ago)
2018-Max_Planck_Herr_Wahl_1355_black white_Zuschnitt.jpg Thomas Wahl

On 23 October 2020, OLAF reported on the results of the joint customs operation Daphne that tackled illicit cross-border cash flows. The one-week operation took place in late 2019. It was led by the Italian Customs and Monopolies Agency and OLAF and involved 24 EU Member States. The operation identified €17 million in illicit cash flows.

Customs authorities detected a total of 508 cases of undeclared and opaque cash flows, leading to around 40 follow-up investigations. The vast majority of cases (423) involved air traffic, accounting for €15 million. Most of the cases (453) concerned passengers travelling to/from outside the EU (total of €15.6 million). Passengers travelling to/from EU countries accounted only for 31 cases. OLAF mainly supported through its Virtual Operations Coordination Unit, which enabled the secure exchange of information during the operation.

News Guide

EU OLAF