Financial crime is on the rise, impacting millions and generating billions of euros. Technology, including encrypted messaging apps and cryptocurrency, plays a key role in enabling these crimes. Legitimate fintech innovations can also be exploited by criminals. Money laundering and corruption are identified as critical engines of financial crime. Geopolitical tensions, such as Russia's invasion of Ukraine, contribute to the vulnerability of society. Financial crimes undermine society and target vulnerable populations. #FinancialCrime #Technology #MoneyLaundering #Geopolitics #VulnerablePopulations

https://www.infosecurity-magazine.com/news/europol-financial-economic-crime/