The History of the collapse of European golden visas

In the spring of 2026, Latvian authorities uncovered a scheme that became a textbook example of the golden visa industry. An investigation conducted by Latvia's Financial Intelligence Unit established that more than 20 companies, around 200 foreign investors, and over €10 million in investments existed only on paper. In reality,...

The green illusion: how the British waste recycling market became a factory for fake certificates

In February 2026, the UK Environment Agency (EA) announced a series of high-profile arrests in a packaging waste fraud case. Investigators suspect recycling market participants of manipulating Packaging Recovery Notes (PRN) — certificates confirming that packaging has been recycled. Yet the regulators themselves acknowledge that this is not an isolated...

Billions for EU Defence attract criminals and fraudsters

Russia's full-scale invasion of Ukraine and the escalation of hybrid threats against Europe have forced Brussels and many European capitals to rethink their defence plans and doctrines. To build up and modernise the defence sector, the EU has launched a number of large-scale programmes: the Act in Support of Ammunition...

How Cyprus became an arena of hybrid confrontation with Russia

Until recently, Cyprus was perceived as a “safe haven” for Russian capital—a jurisdiction with light regulation, a favorable tax system, and strong ties to Russian business elites. However, by 2026 the situation has changed dramatically. Against the backdrop of the war in Ukraine, the tightening of European Union sanctions policy,...

Political turbulence in Romania and the Kremlin’s shadow hand

Romania has entered another phase of political crisis after the Social Democratic Party (PSD), the largest force in the ruling coalition, withdrew its support for liberal Prime Minister Ilie Bolojan and began demanding his resignation. The loss of a parliamentary majority immediately created conditions for protracted inter-party negotiations and the...