01.12.2021Press release

Fourthline partners with Europol's EMMA 7 to combat money muling

Europol's seventh iteration of the European Money Mule Action resulted in the identification and arrests of thousands of money mules.

Fourthline Forrester TEI thumbnailBy The Fourthline Team

This year, Fourthline joined Europol’s seventh European Money Mule Action (EMMA 7) to crack down on money laundering in Europe.

The initiative, coordinated together with Eurojust, INTERPOL, the European Baking Federation (EBF) and the FinTech FinCrime Exchange, saw a collaboration of select leaders in public-private sectors team up to take action against money muling networks across 27 countries.

Fourthline is proud to share that the joint operation resulted in the identification of 18,000 money mules and 1,803 arrests. This successful effort across public-private partnerships is shaping the way organizations share intelligence across sectors to create a safer financial ecosystem for all.

Krik Gunning, CEO of Fourthline, says: “We are proud to have played a part in Europol’s anti-money mule operation - EMMA 7 - and look forward to collaborating with them in the future in the fight against money laundering. Our mission is to fight financial crime. To build a safer financial ecosystem, the industry must leverage technology and actively promote cross-border cooperation, both between financial institutions and through public-private partnerships. To that end, we work with a diverse group of crime fighting agencies around the world including Europol and the French National Police to strengthen efforts to tackle financial crime.”

Read more in Europol’s latest press release.

Serkan Ünal, Head of Strategic Partnerships
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