Eurojust Notes Success Cases Against EU Cross-Border Money Laundering

Eurojust Notes Success Cases Against EU Cross-Border Money Laundering

Eurojust, a thinktank known as the European Union's Judicial Cooperation Unit, has published a report in which it details its research, looking into asset freezing and recovery cases it has been conducting from 2014-2018 within Europe.

Eurojust outlined one positive case in particular, where an urgent execution of a EUR €30 million freezing order in less than 24 hours had been carried out by authorities; preventing fraudulent proceeds from being transferred to other bank accounts within Europe.