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Responding to the needs of women and girls involved with court services

By Lorana Bartels, Karen Gelb, Sally Eales, et al.

Pathways to offending among women and girls are significantly characterised by histories of domestic and family violence, trauma, homelessness, illicit drug use, unemployment and/or mental illness. While the ‘school-to-prison pipeline’ is often used as a short-hand description of boys’ pathways to incarceration, a ‘sexual abuse-to-prison pipeline’ is a more apt description of the trajectories for girls and young women. The foregoing issues are compounded for Aboriginal and Torres Strait Islander people.

This literature review outlines current evidence-based research that identifies the needs and experiences of women and girls involved with courts and applies gender and cultural lenses to examine the efficacy of court-based interventions. It includes a series of case studies. Issues covered include:

Canberra: Australian National University,

THE CENTRE FOR SOCIAL POLICY RESEARCH, 2025. 214p.

CrimeRead-Me.Org
Ending the abuse of older people in NSW: A policy agenda for 2030

By Relationships Australia NSW

Elder abuse is a growing and often hidden crisis – affecting one in seven older Australians. This abuse often takes the form of psychological harm, financial exploitation or neglect. Drawing on frontline experience and expert consultation, this policy paper presents a clear path for the New South Wales Government to take real, lasting action. The need for action is urgent, particularly given the scale and projected growth of the issue. Without sustained and targeted intervention, this silent crisis will continue to escalate. The paper outlines five key areas of reform.

Key findings

At least 15% of older Australians are currently experiencing abuse – most commonly from an adult child, partner or friend.

Service providers are seeing increasing demand, often from older people with multiple, intersecting needs.

Reform areas

Strengthening the NSW service system – secure ongoing investment in dedicated elder abuse services.

Legislative reform – review of state coercive control laws, stronger protections and a new information-sharing framework.

Workforce resilience – longer funding cycles, enhanced training and development, and better integration across sectors.

Better data and research – improved data collection, longitudinal research and a focus on the needs of marginalised groups.

National leadership – a push for a 10-year National Plan to end the abuse of older people within a generation.

Relationships Australia, 2025. 9p.

CrimeRead-Me.Org
Speaking from experience: what needs to change to address workplace sexual harassment

By The Australian Human Rights Commission

This report reveals the systemic barriers faced by people who experience workplace sexual harassment and outlines urgent reforms needed to drive lasting, meaningful change. It calls for real action, accountability and cultural shifts for everyone to be safe and respected at work.

The report marks the delivery of the final recommendation of the Commission’s Respect@Work report. It addresses a gap in what workers from diverse backgrounds think needs to change to make workplaces safer. The Speaking from Experience project brings lived experience insights into the national conversation on workplace sexual harassment.

The report outlines 11 key recommendations to better address workplace sexual harassment. These include amending the Sex Discrimination Act 1984 to limit the use of confidentiality and non-disclosure agreements, increasing funding for specialist support services and introducing civil penalties for employers who breach their Positive Duty under the Act.

Sydney: Australian Human Rights Commission, 2025. 88p.

CrimeRead-Me.Org
YOORROOK Report into Victoria’s Child Protection and Criminal Justice Systems for Justice

By The Yoorrook Justice Commission (Vic)

This is Yoorrook’s second interim report. It considers systemic injustices in the child protection and criminal justice systems. It fulfils the requirement in the amended Letters Patent dated 4 April 2023 to deliver a second interim report by 31 August 2023. This report is divided into seven parts: Part A (this section) includes the Letter of Transmission, Chairperson’s foreword, and this brief introduction to the report’s methodology and terminology. Part B includes an Executive Summary, list of recommendations and key facts. Part C examines the historical foundations of the child protection and criminal justice systems. It explains how current injustices, including systemic racism and human and cultural rights violations created by these systems, are not just historical, but continue to persist today with critical impacts on First Peoples families and communities. It then goes on to discuss matters for Treaty in relation to child protection and criminal justice. In particular, Yoorrook finds that the transformation necessary to end the harms that the child protection and criminal justice systems continue to inflict on First Peoples can only be addressed through self-determination involving the transfer of power, authority and resources to First Peoples via the treaty process. Part C concludes by examining consistent themes in evidence to Yoorrook that span both the child protection and criminal justice systems including accountability and transparency, cultural competence and responsivity, and compliance with cultural and human rights obligations. Whole of government recommendations to address these issues are made. Part D examines critical issues in the child protection system. It begins with a short overview of some of the key policies, laws and human and cultural rights that are engaged by this system. It then examines the pathway into, through and beyond child protection with chapters on early help, child removal, out of home care, permanency and reunification. Findings on critical issues and recommendations for urgent action are made in each chapter

Yoorrook Justice Commission, 2023 445p.

CrimeRead-Me.Org
Attrition of domestic assaults from the New South Wales criminal justice system

By Brigitte Gilbert

This study aims to track the progression of recorded incidents of domestic assault through the criminal justice system, from initial police report to sentencing. METHOD We used data from the NSW Computerised Operational Policing System (COPS) and the NSW Criminal Courts datasets to follow the progress of domestic assaults recorded by the NSW Police Force in 2022 through the NSW criminal justice system. The attrition of domestic assault incidents at the police investigation phase was examined, along with the attrition of any domestic violence charges associated with these incidents. Attrition rates were tracked separately for intimate partner assault, family assault and “other” domestic assault. RESULTS In 2022, there were 33,811 incidents of domestic assault recorded by the NSW Police. About 57 per cent of these incidents occurred in the context of an intimate relationship. NSW Police proceeded to charge an individual accused of domestic assault in 24,273 incidents (72% of incidents). This varied by relationship type, with 77 per cent of intimate partner assaults, 67 per cent of family assaults, and 58 per cent of “other” domestic assaults resulting in legal action. During the court phase, 68 per cent of court appearances with a domestic violence charge related to the initial recorded domestic assault incident had one of those charges proven. This was consistent across the relationship categories. Of the 12,916 court appearances in which a domestic violence charge was proven the vast majority (81%) were finalised by way of the defendant entering a plea of guilty. Just under 20 per cent of court appearances had all domestic violence charges withdrawn. Seventy-four per cent of court appearances with a proven domestic violence offence received a community correction order, of which half were supervised. Only 14 per cent received a custodial sentence, with this being higher for intimate partner assaults (16%) compared to family assaults (10%) and “other” domestic assaults (12%). Overall, these results indicate that only 39 per cent of the 33,811 domestic assault incidents recorded by NSW Police in 2022 resulted in a proven outcome. CONCLUSION While relationship type has no bearing on the likelihood of a domestic violence charge being proven at court, NSW Police are more likely to charge an individual suspected of intimate partner assault and where the offence is proven, judicial officers are more likely to impose harsher sanctions. Further research examining why non-intimate partner assault incidents receive a different criminal justice system response to intimate partner assault incidents is warranted.

Sydney, NSW: NSW Bureau of Crime Statistics and Research, 2025. 19p.

CrimeRead-Me.Org
BROKEN AMBITIONS: The Global Struggle to Halve Violent Deaths by 2030

By Gianluca Boo and Gergely Hideg

Overview The year 2021 saw a concerning increase in global violent death rates after the relative calm of the Covid-19 pandemic era. While violent deaths in 2020 reached a historic low since 2004, 2021 marked a global increase of six per cent, halting the previous trend of improvement. Intentional homicides remained stable, comprising two-thirds of all violent deaths, while conflict-related deaths surged, especially in Afghanistan and Myanmar, due to political upheavals. Firearms played a significant role— accounting for about 45 percent of global violent deaths— albeit less than in previous years. Men disproportionately bore the brunt of violence, with death rates more than five times higher than those of women. Geographic patterns also revealed stark disparities. Asia and Africa exhibited the highest violent death rates, and regions such as Europe and Oceania experienced the lowest levels. Forecasts for the 2030 horizon suggest a need for concerted efforts to prevent violence, as the ‘business-as-usual’ analysis —assuming that current trends remain—projects a continued increase in deadly violence. Key findings The year 2021 saw a concerning six per cent rise in global deadly violence compared to 2020. Of the approximately 580,000 violent deaths, about 45 per cent were inflicted by firearms. Violence overwhelmingly and disproportionately affected men, with a rate of 12.27 victims per 100,000 population among men and boys versus 2.33 for women and girls. Compared to the 2015 benchmark of Agenda 2030, the number of intentional homicides has decreased by only 2.6 per cent. Just over a quarter of the world’s countries and territories are currently on track to meet SDG Target 16.1. Current trends suggest the world will miss this target by 2030. The year 2020 marked a high point in progress towards reducing violent deaths. From a rate of 7.0 violent deaths per 100,000 population that year, rates have since exhibited an upward trend, reaching 7.3 in 2021 and on track to reach 7.6 by 2030.

Geneva: Small Arms Survey, 2024. 20p.

The Impact of Retail Theft & Violence 2024

By the National Retail Federation, The Loss Prevention Research Council, Sensormatic Solutions

Retailers reported a 93% increase in the average number of shoplifting incidents per year in 2023 versus 2019 and a 90% increase in dollar loss due to shoplifting over the same time period. Conducted in partnership with the Loss Prevention Research Council and sponsored by Sensormatic Solutions, "The Impact of Retail Theft & Violence 2024" examines how theft and violence have evolved since before COVID and how retailers are combating today's retail crime landscape.

The survey was conducted online among senior loss prevention and security executives in the retail industry June 10 through July 12. The study contains results from mid-size to large retailers across 164 retail brands, which accounted for $1.52 trillion in annual sales in 2023 or 30% of total retail sales. The brands represent a variety of retail sectors including specialty and luxury retail, home improvement, mass merchandise, grocery and pharmacy.

Washington, DC: National Retail Federation, 2024. 26p.

Inequality and Crime in Latin America and the Caribbean: New Data for an Old Question

By Ernesto Schargrodsky and Lucía Freira

The purpose of this paper is to study the relationship between inequality and crime, with a focus on the Latin America and Caribbean region. We find a significant, positive, and robust association between these variables.

The results persist if one instruments for inequality with historical variables in crime regressions, suggesting that a causal interpretation of the estimated effect is reasonable. Moreover, inequality is the only variable showing this robust regularity. Education levels, economic activity, income per capita, and poverty show weaker and unstable relationships with crime. The analysis of the distribution of crime victimization indicates that men and youth suffer more crime than women and the elderly. By socio-economic strata, high-income groups suffer more victimization relative to poorer groups in LAC countries, but the poor suffer more homicides.

UNDP LAC Working Paper 13.

Panama City, Panama: United Nations Development Programme, Latin America and the Caribbean , 2021. 48p.

Homicide Victimization in the United States, 2023

By Lizabeth Remrey

In 2023, there were an estimated 19,800 homicide victimizations in the United States, a rate of 5.9 homicides per 100,000 persons (figure 1). This was lower than the estimated 22,240 victimizations (6.7 per 100,000) in 2022 but higher than the 16,670 victimizations (5.0 per 100,000) in 2019. (See appendix table 1 for state estimates.) Homicide refers to the offenses of murder and nonnegligent manslaughter and is defined as “the willful (nonnegligent) killing of one human being by another.”1 Findings in this report are based on the Bureau of Justice Statistics’ and FBI’s National IncidentBased Reporting System (NIBRS) Estimation Program and the FBI’s Supplementary Homicide Reports (SHR).

Washington, DC: U.S. Department of Justice, Office of Justice Programs, Bureau of Justice Statistics , 2025. 23p.

Intensifying the fight against corruption and money laundering in Africa

By Lyla Latif

Illicit financial flows (IFFs) cost Africa around US$88.6 billion per year. They have hamstrung progress and created poverty, insecurity and financial challenges which today impede implementing the 2030 UN Agenda for Sustainable Development and the AU Agenda 2063: The Africa We Want. IFFs have also driven the African continent towards indebtedness, in addition to eroding funds that could be used for services such as education, health care and infrastructure.

This study focuses on one form of IFF, namely corruption and the resultant money laundering. It describes and analyzes the symbiotic relationship between corruption and money laundering and how they mutually reinforce an IFF ecosystem inclined towards draining resources needed for development. It further proposes measures to enhance the effectiveness of the fight against corruption and money laundering.

This study is produced by the Office of the Special Adviser on Africa (OSAA) within its mandate to support analytical work in improving coherence and coordination of the UN System support to Africa and to facilitate intergovernmental deliberations on Africa\

United Nations, 2022. 46p.

Tackling Illicit Financial Flows in Africa Arising from Taxation and Illegal Commercial Practices

By Dan Ngabirano

illicit financial flows pose a critical challenge to African countries, as IFFs deny countries the opportunity to generate the revenues required for them to meet their expenditure needs and to fund long-term development plans. UNCTAD has put the magnitude of IFFs in Africa at an average of $88.6 billion per year, which represents about 3.7% of the continent’s total Gross Domestic Product. Curbing IFFs can reduce the region’s financing gap by 33%. IFFs drain foreign exchange reserves, affect asset prices, distort competition, and undermine the capacity of countries to maintain economic and financial stability. Consequently, African countries are constrained in meeting commitments made under various regional and international frameworks, including the 2030 Agenda for Sustainable Development and Agenda 2063.

This report is focused on IFFs linked to aggressive tax planning and other illegal commercial practices in the context of Africa. Commercial practices constitute the largest source of IFFs from Africa (65%), followed by crime (30%) and corruption (5%). The report provides a broad overview of the scale and distribution of IFFs in Africa; discusses different forms of IFFs that arise from tax and illegal commercial practices; and reviews current initiatives for combating tax and commercial-related IFFs in Africa. The report provides the conclusion and policy recommendations for combating tax and commercial IFFs in Africa.

United Nations, Office of the Special Adviser on Africa, 2022. 42p.

Banking Fraud

By Abbas Panjwani, Greg Oxley, William Downs

Criminals successfully stole £1.2 billion from individuals through banking fraud and scams in 2023 according to industry figures. 1 Fraud accounted for over 40% of crimes against individuals in England and Wales in 2024. And the government has said the total impact of fraud when counting things like emotional harm and investigatory costs is over double that of the direct losses from fraud. Despite the prevalence of fraud and the public costs, the government and police approach to fraud in recent years has been criticised for failing to take the crime seriously. For example, in the year ending March 2024, only around 2% of fraud offences recorded by police were referred to territorial forces for investigation. In 2023 the government published its fraud strategy which included a range of measures to stop fraud happening in the first place, pursue fraudsters when they are successful, and help victims. Some of the main initiatives include establishing a National Fraud Squad of specialist investigators, overhauling the fraud reporting system and requiring payment service providers to reimburse victims of authorised payment fraud. The nature and scale of banking fraud Industry body UK Finance estimates that criminals successfully stole £1.17 billion through banking fraud and scams in 2023. Of this £709 million was unauthorised and £460 million was authorised, levels which have remained broadly flat since 2021. Unauthorised fraud is where the fraudulent transaction is carried out by a third party, not the victim. Authorised fraud involves the victim being tricked into paying money into another account that is controlled by a criminal. This is also known as Authorised Push Payment (APP) fraud. Payment providers almost always reimburse victims of unauthorised fraud. For APP fraud, in 2023 62% of losses were reimbursed, a figure which has increased over time. From October 2024, payment providers are required by law to reimburse APP victims, subject to some conditions.

London: House of Commons Library, 2025. 32p.

Looting Mariupol: Russia’s use of illicit finance and economic crime in Ukraine

By Olivia Allison David Lewis

Russia’s siege and destruction of the Ukrainian city of Mariupol from February to May 2022 turned the city into an international symbol of the brutality and destruction of Russia’s full-scale invasion of Ukraine. Now Russia is attempting to turn Mariupol into a showcase Russian city to legitimise its occupation of Ukrainian territory. A huge reconstruction programme is underway in the city and Russia plans to make Mariupol the centre of a new transport network, which will ensure the resupply of Russian forces on the frontline and in Crimea. This research paper investigates this Russian programme of investment in Mariupol, which has been accompanied by the illicit seizure of thousands of Ukrainian homes, businesses and assets. There have been widespread allegations of corruption, fraud and profiteering, and new Russian business networks are emerging that benefit from Russia’s wartime economy. These economic practices in many cases constitute criminal activities and may be potential war crimes. Key points • Business seizures: Russian political and corporate interests and their proxies have seized control of thousands of Ukrainian businesses, properties and assets without compensation. • Dispossession: Many Mariupol residents have lost their homes, not only in the war, but also through an illegal programme of nationalisation, and a reconstruction programme that favours local vested interests and Russian incomers. • Profiteering and corruption: Powerful Moscow-based networks are controlling much of the reconstruction programme. Well-connected companies are benefiting from Russian spending that involves the widespread use of illicit finance and corrupt practices. • International trade: Mariupol port is at the centre of an illicit international trade in Ukrainian grain, clay and other materials. • Strategic implications: The new transport networks around Mariupol have important strategic implications, consolidating Russian control. Major Russian corporations are involved in building rail, road and maritime links. Policy implications • Rethinking strategy towards the occupation: A renewed Ukrainian and international strategy could also use political, diplomatic and economic instruments, including targeted sanctions, to raise the cost of Russia’s occupation and to challenge its long-term hold on the territory. • Sanctions: Current sanctions policy by the EU, the UK, the US and other countries towards the occupied territories is often incomplete and poorly coordinated. A more coherent approach would be more effective, particularly one that seeks to raise costs on individuals and companies leading and benefitting from the Russian occupation. EU, UK, US and other sanctions authorities could consider better coordinating their sanctions towards the occupied territories to ensure maximum impact. • Restitution: Many people from the occupied territories have lost their businesses, homes and savings. The Ukrainian government and international donors could develop mechanisms to find ways to compensate them directly for losses of homes or businesses, potentially funded with the profits from frozen Russian assets.

SOC ACE Research Paper No 35.

Birmingham, UK: University of Birmingham. Serious Organised Crime & Anti-Corruption Evidence (SOC ACE), 2025. 64p.

FRAUD IN FEDERAL PROGRAMS: FinCEN Should Take Steps to Improve the Ability of Inspectors General to Determine Beneficial Owners of Companies

By Rebecca Shea

Fraud across federal programs is a significant and persistent problem. Some of this fraud is perpetrated by private companies obscuring beneficial ownership information when they compete for government contracts or apply for federal benefits. OIGs conduct oversight through audits and investigations, which include issues related to beneficial ownership. GAO was asked to review how beneficial ownership information may aid OIGs in their fraud detection and response efforts. This report describes the types of federal program fraud associated with beneficial ownership information, provides OIGs’ perspectives on using the company registry, and assesses FinCEN’s actions to communicate with OIGs. GAO reviewed relevant laws and agency documentation, interviewed officials from FinCEN and the Council of the Inspectors General on Integrity and Efficiency (CIGIE), conducted a roundtable discussion with seven OIGs, and surveyed 72 OIGs to obtain their views on how the registry could affect their efforts to combat fraud. What GAO Recommends GAO recommends that FinCEN communicate with OIGs, via CIGIE, regarding OIGs’ company registry access and use. FinCEN had no comment on the recommendation

Washington, DC: U.S. Government Accountability Office, 2025. 68p.

The Economics of Healthcare Fraud

By Jetson Leder-Luis and Anup Malani

Data from the Department of Housing and Urban Development (HUD) indicate an unprecedented 43 percent increase in the number of people residing in homeless shelters in the United States between 2022 and 2024, reversing the gradual decline over the preceding sixteen years. Threequarters of this rise was concentrated in four localities – New York City, Chicago, Massachusetts, and Denver – where large inflows of new immigrants seeking asylum were housed in emergency shelters. Using direct estimates from local government sources and indirect methods based on demographic changes, we estimate that asylum seekers accounted for about 60 percent of the twoyear rise in sheltered homelessness during this period, challenging media and policy narratives that primarily attribute this rise to local economic conditions and housing affordability.

WORKING PAPER · NO. 2025-45

Chicago: University of Chicago, The Becker Friedman Institute for Economics, 2025. 21p.

The Carjacking Crisis: Identifying Causes and Response Strategies

By Police Executive Research Forum

Jurisdictions across the United States have struggled with a dramatic rise in carjackings since 2020, leaving police leaders with questions about why this spike is occurring, why juveniles are committing this crime in unprecedented numbers, and why carjacking numbers remained elevated when the number of homicides and aggravated assaults started to decline. With those questions in mind, the Police Executive Research Forum (PERF) assembled a group of over 130 people from more than 50 different agencies for a National Summit on Carjacking in early 2024 in Washington, D.C. Throughout the day, police leaders, federal officials, local and federal prosecutors, researchers, executives, and business and community leaders discussed the situation in 7. D.C. Metropolitan Police Department. MPD Carjacking Dashboard. https://mpdc.dc.gov/page/carjacking. their communities and the challenges they have faced effectively addressing these incidents, particularly when juveniles are involved. Jurisdictions that have successfully brought their numbers down shared lessons learned and promising strategies for preventing carjackings. This report is drawn from the comments and observations of those who attended PERF’s summit and follow-up interviews. It looks at the carjacking problem in cities and counties across the country, offers insights into the factors causing the increase, and shares some of the innovative approaches jurisdictions are implementing — including the use of technology, data analysis, and cross-agency partnerships. The report includes 10 recommendations to help police and other stakeholders effectively respond to carjackings in their communities.

Washington, DC: Police Executive Research Forum, 2024. 62p.

Carjacking and Homicide in Minneapolis After the Police Killing of George Floyd: Evidence from an Interrupted Time Series Analysis

By Allison Lind , Ryan P. Larson , Susan M. Mason , Christopher Uggen

There is abundant research showing the disproportionate impacts of violence on health in disadvantaged neighborhoods, making an understanding of recent violent crime trends essential for promoting health equity. Carjackings have been of particular interest in the media, although little research has been undertaken on this violent crime. We use interrupted time series models to examine the impact of the police killing of George Floyd on the spatiotemporal patterns of carjacking in Minneapolis in relation to neighborhood disadvantage. To provide grounding, we compare our results to the well-studied patterns of homicides. Results indicate that carjackings both increased and dispersed spatially after the murder of George Floyd and subsequent social unrest, more so than homicides. Socially disadvantaged neighborhoods experienced the greatest absolute increase while more advantaged neighborhoods saw a greater relative increase. The challenge ahead is to identify policy responses that will effectively curb such violence without resorting to harsh and inequitable policing and sentencing practices.

Behind the Screen: Perceptions and Experiences of Online Fraud

By Sophie Davies | Manon Roberts | Amber Evans | Freya Smith | Alex Murray,

Fraud is now the most commonly experienced crime in the UK, making up over 40 per cent of all recorded crime. Instances of fraud have risen substantially over the last decade, from 510,403 offences recorded in the year ending 2013 to 1.16 million offences recorded in the year ending 2023, with online fraud contributing significantly to the increase (the Crime Survey for England and Wales estimates that over 60 per cent of cyber incidents take place online). Yet our understanding of online fraud in particular — its typology, scale and impact — is limited. Crest Advisory, in partnership with the Police Foundation and Birkbeck, University of London (Institute for Crime and Justice Policy Research), and with funding from the Dawes Trust, is carrying out a large research project into tackling online fraud. The first part of our project focuses on developing a better understanding of the impact of online fraud on victims and the wider public. In September 2023, Crest published findings from large-scale online surveys of the public and small and medium enterprises (SMEs) which explored public perceptions and experiences of online fraud. This report presents the findings from interviews with 20 victims and 12 focus groups (with 96 members of the public) to build on the survey findings and deepen our insight and knowledge of online fraud victimisation and its impact. It addresses a key gap as most existing studies do not distinguish between online and offline fraud victimisation, in part because many fraudulent activities combine offline and online elements. Key findings from the interviews and focus groups are set out below.

London: Crest Advisory, 2024. 36p.

Cryptocurrency Scams Study

By The Better Business Bureau

CRIMINALS ARE FINDING NEW METHODS WITH THE CRYPTOCURRENCY MARKET, LIKE BITCOIN AND ETHEREUM, TO STEAL FROM UNSUSPECTING INVESTORS OR VICTIMS OF COMMON SCAMS. | Cryptocurrency Scams As Bitcoin and other types of cryptocurrencies gain attention in the news for their volatility, novelty and celebrity investors, scammers are quickly discovering how to use people’s lack of knowledge about the system to rip off investors and dress up old scams. Early entrants into the market made enormous amounts of money, and later others rushed in with hopes of similar gains. The total value of all bitcoins in the world is estimated at $1.03 trillion. A single bitcoin, worth $2,000 in 2017, reached an all-time high of $67,549 in 2021. But Bitcoin is volatile, and the value can swing wildly. After hitting a high in 2021, it declined to $35,484 in early 2022. Purchasing power of a bitcoin can vary day-to-day. Nonetheless, cryptocurrency — a digital payment system that does not rely on banks to verify transactions — has now grown into a major worldwide industry. New York, Arkansas, Brazil, and Puerto Rico expressed interest in becoming attractive locations for the cryptocurrency industry. However, in the spring of 2021 China banned cryptocurrency. It was the second largest country using cryptocurrency. A virtual tug of war exists between the legitimate and fraudulent use of cryptocurrency. This study examines digital currencies and the scams that use them. It provides background on key terms and concepts, examines cryptocurrency’s susceptibility for large-scale scams, and notes the risks and provides tips for common investors and others using cryptocurrency as a payment method.

Washington, DC: BBB, 2022. 18p.

Seizing the opportunity: 5 recommendations for crypto assets-related crime and money laundering

By EUROPOL and Basel Institute on Governance,

These recommendations follow the 6th Global Conference on Criminal Finances and Cryptocurrencies on 1–2 September 2022. The conference was hosted by Europol at its headquarters in The Hague, the Netherlands, together with the Basel Institute on Governance through the Joint Working Group on Criminal Finances and Cryptocurrencies.

The Recommendations are intended to highlight broad approaches and best practices. They are designed to help public and private actors stay one step ahead of those seeking to abuse crypto assets (also known as virtual assets) and services to make, hide and launder illicit money.

The main message is that as the use of crypto assets expands into practically every country and sector, so does its abuse to commit new forms of crime and launder criminal proceeds. Yet with the right tools, capacity and cooperation, the unique characteristics of blockchain-based technologies offer an unprecedented opportunity to investigate organised crime and money laundering networks and to recover stolen funds.

The five recommendations cover:

  1. Breaking down silos between “traditional” and “crypto”

  2. Regulating broadly and make full use of existing laws 

  3. Taking advantage of the blockchain to disrupt organised crime 

  4. Raising crypto literacy through capacity building and clear communication 

  5. Increasing public-private cooperation

EUROPOL and Basel Institute on Governance, 2022. 6p.