ADVERTISEMENT
Fraud, Scams & Cybercrime
Reporting on fraud schemes, cyber attacks targeting financial systems, regulatory responses, and advancements in fraud prevention technologies.
Fraud, Scams & Cybercrime
US Authorities Arrest Man Over False SEC Tweet on Bitcoin ETFs
By Editors | 22/10/2024
The arrestee had used a SIM swap attack in January to obtain access to the SEC’s X account, while his co-conspirators issued the fraudulent tweet.
Cybersecurity
HK Govt Departments to Hold First Joint Cybersecurity Drills
By Editors | 20/10/2024
The drills, commencing in November, are aimed at helping government departments and public organisations build their cyber defences.
Anti-Bribery & Corruption
DOJ Secures $950m Settlement to Settle Bribery, Fraud Charges
By Editors | 19/10/2024
RTX Corporation, the defence contractor formerly known as Raytheon, defrauded the US government through its billings and paid bribes to secure contracts in Qatar.
PEPs & Sanctions
OFAC Sanctions Hezbollah Finance Network and Drug Traffickers
By Editors | 17/10/2024
Three individuals linked to Hezbollah’s finance team were sanctioned, along with three others involved in captagon production and trafficking.
Fraud, Scams & Cybercrime
HKMA to “Soon” Consult on Scam Loss Sharing Framework
By Editors | 30/09/2024
The framework will include principles for banks to use when deciding whether scam losses should be compensated, such as whether customers took care to safeguard their personal data.
PEPs & Sanctions
US Sanctions Iranian Cyber Actors for Election Interference
By Editors | 30/09/2024
OFAC sanctioned seven individuals while the DOJ unsealed criminal charges accusing three others of hacking Donald Trump’s presidential campaign.
Anti-Money Laundering
US Imposes Cyber Sanctions on Russian Crypto Network
By Manesh Samtani | 30/09/2024
Two Russians were also indicted in a coordinated action that additionally involved the seizure of web domains and infrastructure.
Fraud, Scams & Cybercrime
Hong Kong Court Jails Former China Taiping Agent for Fraud
By Sanday Chongo Kabange | 30/09/2024
The former insurance agent received over HK$650,000 in remuneration for insurance policy applications that turned out to be falsified.
Fraud, Scams & Cybercrime
Australian Super Fund Body Launches Financial Crime Protection Initiative
By Thisanka Siripala | 29/09/2024
The ASFA initiative aims to enhance collaboration between super funds and service providers to combat cybercrime and fraud.
Fraud, Scams & Cybercrime
Vietnam: Death Row Tycoon Faces Additional Fraud Charges
By Nithya Subramanian | 26/09/2024
Truong My Lan, who was already sentenced to death, is now on trial for a series of other money laundering and fraud charges.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.