Fraud, Scams & Cybercrime

Cybersecurity

Global Agencies Warn of Covert China-Linked Cyber Networks

By Editors | 28/04/2026

Cybersecurity bodies from ten countries have issued joint guidance for organisations to defend against a major shift in Chinese state-sponsored hacking tactics.

Anti-Money Laundering

Philippines Convicts Compliance Officer in Bangladesh Bank Heist Case

By Mark Johnston | 28/04/2026

A compliance officer at a remittance firm has been found guilty of record-keeping failures linked to the USD 81 million cyber theft.

Fraud, Scams & Cybercrime

Hong Kong Brokerage CEO Arrested in HKD 43 Million Embezzlement Case

By Editors | 27/04/2026

The arrest of a senior executive at a licensed insurance brokerage has cast a spotlight on internal controls and raised wider concerns about market conduct.

Fraud, Scams & Cybercrime

Asian Regulators Pivot to ‘Co-Creation’ to Govern AI and Digital Finance

By Manesh Samtani | 27/04/2026

At Money20/20 Asia, regional policymakers outlined a new collaborative approach to regulation as experts warned that AI-powered financial scams now surpass the global drug trade.

Fraud, Scams & Cybercrime

Singapore Police, Crypto Exchanges Prevent S$2.86m in Scam Losses

By Editors | 27/04/2026

A joint operation using advanced blockchain analysis has been hailed as a significant advancement in Singapore’s fight against financial crime involving digital assets.

DeFi & Web3

$290m Crypto Hack Reveals DeFi Governance and Contagion Risks

By Manesh Samtani | 27/04/2026

An exploit attributed to North Korea triggered market contagion and a governance intervention, offering lessons for regulators on systemic risk.

Fraud, Scams & Cybercrime

Australia’s CBA Deploys Agentic AI to Generate Real-Time Fraud Rules

By Sanday Chongo Kabange | 26/04/2026

CBA’s new system detects emerging scam patterns and proposes interception rules, which remain subject to human-in-the-loop oversight.

Fraud, Scams & Cybercrime

RBI Orders Banks to Compensate Cyber Fraud Victim

By Nithya Subramanian | 26/04/2026

The order follows an INR 229 million "digital arrest" scam, highlighting bank liability for inadequate monitoring of mule accounts used by fraudsters.

KYC & CDD

Hyderabad Police Urge RBI to Overhaul Controls on Mule Accounts

By Editors | 25/04/2026

A major police investigation has uncovered systemic KYC failures and alleged staff collusion in the creation of fraudulent accounts.