Brazil’s Federal Police have launched a probe into illegal digital banks involved in a money laundering scheme. Dubbed “Operation Concierge,” this investigation focuses on a criminal group that operated covert accounts within the formal banking system. These accounts, hidden within legitimate banks and approved by Brazil’s Central Bank, processed a staggering R$7.5 billion (approximately $1.36 billion).

Switzerland's federal criminal court on Wednesday convicted two top managers of a Saudi oil company on charges including fraud and money laundering in a vast scam that swiped at least $1.8 billion from a Malaysian state-owned investment fund. 

The founder and CEO of the messaging service Telegram was detained at a Paris airport on an arrest warrant alleging his platform has been used for money laundering, drug trafficking and other offenses, French media reported Sunday.

Pavel Durov, a dual citizen of France and Russia, was taken into custody at Paris-Le Bourget Airport.

The recent indictment of Deniss Zolotarjovs, a 33-year-old Moscow resident, marks a pivotal moment in the fight against cybercriminal organizations. Zolotarjovs was charged in Cincinnati, Ohio, for his alleged role in a group infamous for extorting victims and laundering cryptocurrency. 

Philippine authorities on Friday filed several counts of money laundering against a fugitive former town mayor accused of links to Chinese criminal syndicates. Alice Guo, also known as Chinese national Guo Hua Ping, is wanted by the Senate for refusing to attend hearings on her alleged criminal ties.