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Payroll Pirate, Istanbul Bazaar, and Sanctions Front
Illicit Edge - Edition for October 13, 2025
Happy Monday! It’s October 13, and we’re tracking today’s top stories: Microsoft warns of new “Payroll Pirate” scam stealing employees’ direct deposits, Istanbul’s Grand Bazaar is propping up Venezuela, Russia’s economy as a shocking $250M money laundering operation, latest U.S. sanctions on Iranian oil deal blow to China's Sinopec, China is hacking America's critical infrastructure, and much more…
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🎯 FEATURED STORY
Microsoft warns of new “Payroll Pirate” scam stealing employees’ direct deposits. Microsoft is warning of an active scam that diverts employees' paycheck payments to attacker-controlled accounts after first taking over their profiles on Workday or other cloud-based HR services. Ars
🔥 TOP STORIES
Istanbul’s Grand Bazaar is propping up Venezuela, Russia’s economy as a shocking $250M money laundering operation NYP
Latest U.S. sanctions on Iranian oil deal blow to China's Sinopec Reuters
China ‘not afraid of trade war,’ accuses U.S. of ‘double standard’ for rare earths retaliation CNBC
China is hacking America's critical infrastructure CBS
Western parts in Russian drones: Are sanctions working? DW
Corpses of 250 animals found with surviving animals eating the dead in "breeding ground of horror" in Spain CBS
FBI takedown banner appears on BreachForums site as Scattered Spider promotes leak Record
📘 Featured Report: Brazil’s Federal Police Dismantle $540M Crypto Laundering Network in “Operation Lusocoin” TRM Labs
U.S. threatens visa restrictions, sanctions against UN members that back IMO emissions plan Reuters
China, U.S. and Thailand seize record meth haul near disputed South China Sea reef SCMP
Inside Starmer’s network of advisers and their links to China Telegraph
First-cousin marriage linked to terrorist financing, money laundering and people trafficking Daily Mail
IN THE NEWS
🚩 RUSSIA & CHINA
U.S. sanctions Serbia’s main oil supplier, which is controlled by Russia AP
Russia may have been behind Jaguar Land Rover cyberattack Telegraph
UK, France and Germany unite to turn Russian assets into Ukraine aid Times
China’s Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute SCMP
Trump proposes barring Chinese airlines from flying over Russia on US flights Reuters
💸 CORRUPTION & FINANCIAL CRIME
Dangerous funders fill Zohran Mamdani’s coffers — multiplied by taxpayer $$ NYP
Peru president removed from office after string of scandals and allegations CNN
Trump critic and former national security adviser John Bolton to be charged soon NBC
SEC says India yet to serve summons to Adani executives in bribery indictment Reuters
🔐 CRYPTO & CYBER
Hackers leak Qantas data containing 5 million customer records after ransom deadline passes Guardian
Russia Acknowledges Crypto’s Popularity With Its Citizens as Central Bank Weighs Bank Involvement CoinDesk
$21M Crypto Theft on Hyperliquid Tied to Private Key Leak CoinDesk
How hackers forced brewing giant Asahi back to pen and paper BBC
🚚 TRAFFICKING
30 children rescued amid trafficking operation in major US city Fox
Navy ship stops boat carrying £35m of illegal drugs BBC
Reviving this African game reserve meant catching, transporting hundreds of animals AP
Castellum.AI
Enabling financial institutions to eliminate compliance bottlenecks and speed up business.
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