On 4 November 2026, the French cooperative banking and insurance group Crédit Mutuel Arkéa confirmed that it had been the target of a cyberattack that enabled fraudulent transactions amounting to approximately €100 million. According to the bank, the attackers used Crédit Mutuel Arkéa’s own proprietary account (compte propre) to carry...
Hungary detains former National Bank chief on suspicion of economic fraud
On 21 October 2026, Hungary’s Central Investigative Chief Prosecutor’s Office detained György Matolcsy, the former governor of the Hungarian National Bank (MNB). The 71-year-old politician and economist, a close ally of former Prime Minister Viktor Orbán, was taken into custody early in the morning along with several other individuals. According...
Norway, Germany and Romania investigate fraud involving services for NATO ships
On 14 October 2026, police in Germany, Norway and Romania carried out coordinated searches and arrests as part of an investigation into possible bribery and invoice fraud. The case concerns the provision of services to NATO military vessels. The operation was coordinated by Eurojust, the European Union Agency for Criminal...
Bucharest court orders 30-day pre-trial detention for former Romanian presidential candidate
The Bucharest Court of Appeal on Tuesday, September 29, upheld an appeal by DIICOT prosecutors and ordered former Romanian presidential candidate Călin Georgescu placed in pre-trial detention for 30 days. The same measure was applied to businessman Ionel Rusen. The ruling is final. Georgescu and Rusen are accused of forming...
German government approves plan against organized social benefits fraud
The German federal government has approved a ten-point plan at a cabinet meeting to combat abuse of social benefits and exploitation, particularly in connection with freedom of movement within the EU. The document was prepared by Labor and Social Affairs Minister Bärbel Bas (SPD) and Interior Minister Alexander Dobrindt (CSU)....