Fraud, Scams & Cybercrime

Fraud, Scams & Cybercrime

Sri Lanka Probes $2.5m Cyber Heist from Finance Ministry

By Nithya Subramanian | 25/04/2026

Hackers diverted a sovereign debt repayment intended for Australia, prompting an investigation into internal control failures and triggering calls for greater parliamentary oversight.

Anti-Money Laundering

Prince Group Executives Used Tokyo Luxury Real Estate - Reports

By Editors | 25/04/2026

Senior executives linked to the sanctioned Cambodian conglomerate purchased luxury Tokyo properties with cash.

Fraud, Scams & Cybercrime

Another Unit of Prudential Japan Being Probed for Misconduct

By Editors | 24/04/2026

Former employees of Gibraltar Life Insurance, part of the Prudential group, are suspected of mishandling customer funds.

Fraud, Scams & Cybercrime

Australia: Sydney Lawyer Charged in Major Bank Fraud Investigation

By Sanday Chongo Kabange | 24/04/2026

The arrest highlights a criminal syndicate's alleged infiltration of professional services, prompting wider regulatory scrutiny of mortgage fraud across Australian lenders.

Fraud, Scams & Cybercrime

US Sanctions Cambodian Banks in Crackdown on Scam Networks

By Manesh Samtani | 24/04/2026

A Cambodian senator, two banks, and dozens of associated entities have been sanctioned for links to cyber-fraud and human trafficking operations.

Fraud, Scams & Cybercrime

India’s Fraud Office Summons Auditors in IndusInd Probe

By Nithya Subramanian | 23/04/2026

The investigation into alleged INR 20 billion accounting irregularities now includes major auditors associated with the bank over the past decade.

Supervision & Enforcement

Korea Triples Year-on-Year Fines for Pseudo-Investment Advisers

By Mark Johnston | 22/04/2026

Financial regulators have significantly increased penalties for unlicensed investment advisory firms following a sweep that uncovered widespread misconduct, particularly misleading advertising.

Fraud, Scams & Cybercrime

South Korean Court Jails 46 in Cross-Border Scam Ring Case

By Nithya Subramanian | 22/04/2026

The organised crime group, based in Cambodia and Thailand, defrauded around 110 victims of approximately KRW 9.4 billion.

Trading & Investment

Bursa Malaysia Launches National Programme to Boost Investor Literacy

By Nithya Subramanian | 22/04/2026

The initiative aims to train 550 individuals to encourage more informed and responsible retail participation in the capital market.