Anti-Money Laundering

PEPs & Sanctions

US Targets China, HK Firms in New Iran Sanctions Wave

By Mark Johnston | 17/11/2025

The sanctions targets include entities in China, Hong Kong and India that allegedly operate procurement networks supporting Iran’s ballistic missile and UAV production

Fraud, Scams & Cybercrime

Singapore Police Arrests Ex-Wirecard Asia Director for Germany

By Nithya Subramanian | 14/11/2025

The arrest was part of coordinated raids across multiple countries targeting a fraud ring that caused more than EUR 300 million in losses through unauthorised credit card transactions.

Anti-Money Laundering

China's Capital Controls Fuelling Global Money Laundering Threat, RUSI Finds

By Manesh Samtani | 14/11/2025

A new paper finds Chinese Money Laundering Organisations are a dominant global force, but concludes there is no public evidence of Chinese state direction.

Fraud, Scams & Cybercrime

Cybercrime Surges as AI-Powered Threats and Real-Time Scams Challenge Banks

By Nathan Lynch | 14/11/2025

AI-driven cyberattacks, real-time payment scams and “dynamic friction” were hot topics at this year’s Singapore Fintech Festival.

Fraud, Scams & Cybercrime

Singapore Jails Nominee Director in Multi-Million Dollar Shell Company Scam Case

By Mark Johnston | 13/11/2025

Singaporean man sentenced after shell firms he directed processed millions in proceeds from US and European scams.

Anti-Money Laundering

UK Jails Chinese Fraud Mastermind Over Multi-Billion Bitcoin Laundering

By Sanday Chongo Kabange | 13/11/2025

The case involved one of Britain's largest-ever cryptocurrency seizures, stemming from a massive Ponzi scheme affecting 128,000 Chinese investors.

Anti-Money Laundering

Following the Flow of Funds Behind Illicit DPRK IT Worker Threat

By Chandana Seshadri | 13/11/2025

Disrupting North Korea’s illicit IT workers requires a focus on both identity fraud and dismantling complex financial networks.

Anti-Money Laundering

India Unveils Framework to Release Seized Assets for Insolvency Cases

By Nithya Subramanian | 12/11/2025

India’s ED and IBBI have launched a coordinated mechanism to return PMLA-attached assets for use in insolvency and liquidation cases, aiming to boost creditor recovery.

Fraud, Scams & Cybercrime

Hong Kong Issues Global Alerts for JPEX Crypto Fraud Suspects

By Sanday Chongo Kabange | 12/11/2025

Authorities prosecute 16 individuals and seek three alleged masterminds in the HKD1.6 billion virtual asset platform collapse.