World Business Report

Worldwide police operation shuts down criminal website


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Police forces around the world have launched what's being called a major joint operation to dismantle one of the biggest criminal marketplaces online. Genesis Market is thought to have sold personal information stolen from more than two million people in the past six years or so. The details have allowed fraudsters to impersonate their victims online without raising suspicions. Often costing less than $1, the personal information let fraudsters log into bank and shopping accounts.
Law enforcement agencies from 17 countries were involved in the raids, which began at dawn on Tuesday. The operation was led by the FBI in the US and the Dutch National Police, working alongside the NCA in the UK, the Australian Federal Police, and countries across Europe. Globally, 200 searches were carried out and 120 people were arrested.
We hear from a lawyer representing thousands of tens of thousands of claimants who say they've been affected by Johnson and Johnson's trademarked talcum powder product. The claimants are considering a $9 BILLION settlement over claims that the talc-based powder caused cancer.
And, Sri Lanka's economic crisis is having a devastating effect on what used to be one of Asia's most successful emerging economies. It's shrunk by a fifth in the last 3 years alone. And that's having an impact on the population, hundreds of thousands of whom are simply packing up to leave the island. We speak to some of them leaving – and those left behind.
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World Business ReportBy BBC World Service

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