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Sanctions Break, Pig Butcher Plague, and Hezbollah Light

Illicit Edge - Edition for Oct 15, 2024

Hello Tuesday! It’s October 15, and we’re tracking today’s top stories: Russia’s shadow fleet grows despite western sanctions, new episode of Designated with Yaya Jata Fanusie features counter-pig butchering paragon, Hezbollah running out of money, inside America’s fastest-growing criminal enterprise, and much more…

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🎯 Russia’s shadow fleet of oil tankers grows despite western sanctions. Poorly maintained and uninsured vessels transport up to 70% of country’s seaborne oil. Guardian

🇷🇺 EU includes Iran Air in sanctions over missile transfer to Russia Reuters

Top Stories

🎙️Meet Erin West: New Episode of Designated with Yaya Jata Fanusie Features Counter-Pig Butchering Paragon to Discuss the Scam’s Deep Roots, Terrible Consequences Illicit Edge

🌎 Hezbollah running out of money amid Israeli bombardment. The group’s cash sources include Lebanon’s insolvent but licensed commercial banks and arrivals of cash-bearing planes. VOA 

💥 UN peacekeeping troops failing Israel as Hezbollah creates terror tunnels right under their noses NYP

🌎 Inside America’s Fastest-Growing Criminal Enterprise. House of Hope residents often come branded or tattooed by the cartels and gangs who trafficked them. Free Press

🌎 Kamala Harris accused of plagiarizing passages in co-authored 2009 book. The vice president appears to have airlifted sections of her book, Smart on Crime. CNN 

🌎 Crypto Company Tether Talking to Commodity Traders About Lending Them Its Billions. Two top Russian metals producers have turned to the stablecoin to settle cross border transactions. Bloomberg 

🌎 He Was a Monk, Then a Billionaire and Now an Alleged Tax Cheat. Michigan philanthropist Manoj Bhargava made a fortune on his path to enlightenment. WSJ 

🌎 Inside the Carjacking Crisis. In October of last year, three masked men carjacked Henry Cuellar, a congressman from Texas. Atlantic

🌎 Scale of Chinese Spying Overwhelms Western Governments. Fears of escalation as China’s intelligence-gathering operation looks to consolidate Xi Jinping’s grip on power. WSJ

🚩 U.S. Weighs Capping Exports of AI Chips From Nvidia and AMD to Some Countries Bloomberg

🌎 NY Congressional Candidate, Running on a Plan To Combat Campus Anti-Semitism, Took Max Donation From Nonprofit Leader Bankrolling Pro-Hamas Protests Free Beacon 

📕 Propaganda, Procurement and Lethal Operations: Iran's Activities Inside America GW Program on Extremism

IN THE NEWS

Russia

🇷🇺 Russia seeks over $1B in damages from Shell Reuters 

🇷🇺 India is now Russia’s No. 2 supplier of restricted technology Fortune

🇷🇺 UK-linked firms suspected of busting Russia sanctions BBC

🇷🇺 Russia’s illicit Starlink terminals help power its advance in Ukraine WaPo

China

🇨🇳 Meet the Chinese ‘Typhoon’ hackers preparing for war TechCrunch 

🇨🇳 IBM Investigates Allegations of Executive Misconduct in China Bloomberg

🇨🇳 Mexico must stop itself from becoming China’s Trojan Horse Hill

🇨🇳 China is quietly extracting itself from a US helium ‘stranglehold’ SCMP

Corruption & Financial Crime

💸 Key to Citi's regulatory woes - staff need skills 'enhancement' Reuters 

💸 Inside the Growing and Controversial World of Wildlife-Killing Contests Rolling Stone

💸 Canada expels Indian diplomats after tying government agents to ‘serious criminal activity’ CNN 

💸 Nigerian airline CEO faces new US charge in $20M fraud case Semafor

💸 ECB challenges Serbian bank’s takeover bid over money laundering concerns FT

Crypto & Cyber

🔐 MrBeast allegedly reaped $10M promoting and dumping altcoins Cointelegraph

🔐 Hong Kong Crypto Swindler Tied to Singapore Money Laundering Syndicate OCCRP

🔐 Mysterious Hacking Group Has 2 New Tools to Steal Data From Air-Gapped Machines Wired 

🔐 National Public Data, the hacked data broker that lost millions in personal data, files for bankruptcy TechCrunch

Watch and Listen! Designated with Yaya Jata Fanusie Features Erin West on Pig Butchering

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