Interpol has issued a Silver notice over India’s request to monitor ex-French embassy officer Shubham Shooken, who is involved in Visa fraud, says the report by the Times of India.
It is worth noting that it is the 1st time that Interpol has issued a silver notice at the request of Indian authorities.
Shubham is accused of gathering illegal payments for facilitating Schengen visas, using the proceeds to acquire property in Dubai valued at $157.35 million.
The Central Bureau of Investigation initially secured the blue notice to locate Shubham, followed by the recent silver notice, which will help to track his illicit assets globally.
What is Interpol’s Silver notice?
Silver notice is a new Interpol tool introduced in January this year to help track and recover criminal assets linked to transnational organized crime, such as fraud, corruption, and drug trafficking, among others.
It enables member nations to seek information on laundered assets, such as real estate, automobiles, bank accounts, and companies, thereby promoting international police collaboration.
A maximum of 500 alerts and diffusions will be distributed evenly among participants in this trial initiative, which was started with 52 countries, including India, and will last until at least November 2025.
Interpol has a specific color for every notice, and the color red is used in detention, blue for additional information, and yellow for missing persons.
A quick brief of the fraud investigated by the CBI
These visas were granted using falsified documentation, like fake letters allegedly from a Bengaluru-based business asking for entrance permits so that people may work for companies in Port-Le-Havre, France.
Shokeen and Mandal are accused of destroying relevant documents at the embassy’s visa division in order to hide their activities.
In order to avoid thorough vetting and permission from the head of the embassy’s visa department, Shokeen and his associates charged between ₹50,000 and ₹45 lakh for every visa.
In order to get visas that permitted recipients to travel throughout the 27 Schengen nations, they employed falsified documents, including invitation letters.
Crypto market price updates
When writing, the crypto market cap was $3.43 trillion with a loss of 0.80% in the past 24 hours, and the trading volume is $120.81 billion. At the same time, the crypto fear and greed index is at 68, still indicating greed in the market.
Bitcoin is now at $108,818 with a slight loss of 0.80% in the past 24 hours, and its trading volume is $51.88 billion, and its market cap is $2.16 trillion.
The intraday gainers list has been ruled by SPX6900, followed by Quant, Walrus, Toncoin, Ethereum Name Service, and UniSwap. On the other hand, in the same time frame, the losers are Monera, Zcash, Jupiter, Render, Jupiter and Fartcoin.
The list of top 100 coins performance over 90 days is led by Fartcoin, which added 329.58%, followed by Form, which recorded an addition of 156% in its prices, Virtual Protocol prices grew 111%, and WIF grew by 82%.
