Hong Kong’s Securities and Futures Commission has obtained a court order to freeze about HK$2.66 million (US$340,000) in the bank accounts of Heriberto C. Perez Valdes in connection with a suspected Pyramid and Ponzi scheme, the regulator said in a statement on Wednesday.
French authorities have opened their own investigation into allegations of fraud, bribery and corruption at Airbus, joining Britain’s Serious Fraud
Ex-Lloyds Libor traders hauled in by fraud squad as part of its ongoing probe into manipulation of the benchmark rate
A number of former Lloyds Banking Group traders have been quizzed by the fraud squad as part of its ongoing
Fraudsters use money laundering accusations to con Hong Kong woman out of HK$2.7 million in latest phone scam case
The 40-year-old was contacted by men claiming to be Hong Kong and mainland officials.
The overwhelming interest in PwC’s Forensics Summit held in Bangkok yesterday shows how seriously Thailand’s top companies are treating the threat of corruption and other financial crimes, said Vorapong Sutanont, PwC Consulting (Thailand) Forensics partner.
Australia’s AUSTRAC is leading a formidable global charge against organised crime, terrorism, money laundering and tax evasion through the newly created Fintel Alliance.
Defendant, a cardiologist, pleaded guilty to submitting false bills to Medicare and other insurance companies. He was ordered to pay $12.3 million in restitution and to forfeit $13.0 million.
Officials say 19 people have been charged in Europe and the U.S. with taking part in international fraud and money laundering conspiracies costing more than $13 million.
A hair and beauty products company owned by a man who ran what is thought to be a significant ponzi scheme is looking for a new owner.
On November 8, 2016, Indian Prime Minister Narendra Modi announced in a televised speech that 500 and 1,000 rupee notes would no longer be legal tender, swiftly rendering 86 per cent of cash in the ...
Image: nomination of Richard Cordray as CFPB director. Dodd Frank, the sweeping financial reform brought in after the 2008 financial crisis, is not beloved by Republicans. Numerous elements of the legislation have drawn criticism from the ...
The irony of revelations from the Global Laundromat scandal landing almost exactly a year on from the Panama Paper leaks is not lost on many readers. Clearly the lip-service to greater transparency that followed the financial leak ...
The Laundromat is a name given by the Organized Crime and Corruption Reporting Project to a vast money-laundering scheme. Between autumn 2010 and spring 2014 Russian officials and insiders moved billions of dollars into Europe, ...
Tom Devlin, barrister and partner at Stephen Platt and Associates LLP, unpicks recent anti-money laundering scandals in the finance industry. He looks in detail at what went wrong, how word got out, and how the failings ...
A Republican state senator from the Niagara Falls area and his predecessor pleaded not guilty on Thursday in a pair of schemes involving payments to a spouse and a former aide, the latest in a long line of corruption cases to emanate from New York State’s capital.
Cristina Kirchner ordered to stand trial for the first time in series of corruption and mismanagement cases
Argentina’s former president has been ordered to stand trial, in the first of several cases against the divisive ex-leader.
If you don’t think there is any corruption in Australian politics, then you have no need to worry about the millions of dollars’ worth of corporate donations to political parties.
Agricultural Bank of China (AgBank), the country’s third-biggest lender, said it will spend three years building an anti-money laundering (AML) centre to improve and centralize AML control, according to a statement circulated late on Thursday.