ADVERTISEMENT
Fraud, Scams & Cybercrime
Reporting on fraud schemes, cyber attacks targeting financial systems, regulatory responses, and advancements in fraud prevention technologies.
Fraud, Scams & Cybercrime
Group-IB Awarded Anti-fraud Project of the Year
By Editors | 14/11/2023
Group-IB was recognised for its Cyber Fraud Intelligence Center Project, which monitors and aggregates diverse data sets to generate insights on fraud threats and patterns.
Cryptocurrency
Singapore Crypto Lender Hodlnaut to Enter Into Liquidation
By Editors | 13/11/2023
Creditors rejected Hodlnaut’s restructuring plan, believing a liquidation would maximise the distribution of the remaining assets.
Fraud, Scams & Cybercrime
Korea FSS Fines Woori Over Fresh Embezzlement Case
By Sanday Chongo Kabange | 13/11/2023
Woori’s latest embezzlement case involves an employee who stole over KRW 200 million from the bank.
Fraud, Scams & Cybercrime
Taiwan Authorities Arrest Two Individuals Linked to JPEX
By Editors | 10/11/2023
Investors in Taiwan have initiated legal action against the allegedly fraudulent crypto exchange, which first came under regulatory scrutiny in Hong Kong.
Fraud, Scams & Cybercrime
US Unit of China’s ICBC Suffers Ransomware Attack
By Editors | 10/11/2023
The attack disrupted some of ICBC’s systems and left some trades in the US Treasury and equity markets unable to settle.
Fraud, Scams & Cybercrime
FATF Calls for Action to Combat Cyber-Enabled Fraud
By Manesh Samtani | 10/11/2023
Cyber-enabled fraud and related money laundering are facilitated by professional enablers, money mules, shell companies, and different types of FIs including VASPs.
Fraud, Scams & Cybercrime
US Prosecutors Secure Guilty Plea from OneCoin Executive
By Mark Johnston | 10/11/2023
Irina Dilkinska was in charge of compliance at OneCoin, a global crypto scam that lured investors with false promises of high returns.
Fraud, Scams & Cybercrime
UK FCA Urges Firms to Do More to Combat APP Fraud
By Manesh Samtani | 08/11/2023
Firms are not adequately focused on delivering good outcomes to consumers, supporting victims of fraud, and handling complaints in a timely manner.
Fraud, Scams & Cybercrime
ASIC Launches New and Improved Investor Alert List
By Editors | 08/11/2023
The list includes entities that are offering services to Australians without authorisation, as well as “impostor” entities and websites.
Cryptocurrency
Investor Protection is Key to Singapore, Hong Kong Crypto Regulations
By Nithya Subramanian | 08/11/2023
As Singapore and Hong Kong regulators navigate the fast-changing digital assets landscape, investor protection takes centerstage.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.