Fraud, Scams & Cybercrime

AI Risk & Governance

HKMA Targets AI, Cyber Risk, and Anti-Fraud in 2026 Priorities

By Sanday Chongo Kabange | 13/02/2026

The HKMA detailed five key pillars for 2026, focusing on technology risk, SME credit flow, and investor protection.

AI Risk & Governance

Laos and UAE to Jointly Launch ASEAN Digital and AI Centre

By Nithya Subramanian | 13/02/2026

The partnerships aim to secure business transactions, modernise state administration, and strengthen technical capacity in digital technology and cybersecurity sectors.

Fraud, Scams & Cybercrime

Prudential Japan Faces FSA Probe, USD 350M Hit From Fraud Scandal

By Sanday Chongo Kabange | 13/02/2026

Insurer establishes a third-party panel and overhauls compensation after uncovering a JPY 3.1 billion fraud by employees.

Fraud, Scams & Cybercrime

MAS Bans Former Manulife Adviser for Two Years

By Nithya Subramanian | 12/02/2026

The adviser was barred for offences involving forgery and abetting unauthorised access to computer material.

Fraud, Scams & Cybercrime

SFC Warns on 'Ramp and Dump' Scams Impersonating Stock Commentators

By Sanday Chongo Kabange | 12/02/2026

The SFC has alerted the public to stock manipulation schemes using social media to lure investors into illiquid stocks before crashing the price.

Fraud, Scams & Cybercrime

Cambodia Sets April Deadline for Scam Syndicate Crackdown Operation

By Sanday Chongo Kabange | 11/02/2026

The 'XXL' operation targets thousands amid international pressure, but critics question if the campaign will hold powerful elites accountable.

Fraud, Scams & Cybercrime

US Sentences Scam Centre Fugitive to 20 Years in Prison

By Sanday Chongo Kabange | 11/02/2026

Chinese national was sentenced in absentia for his role in a Cambodia-based 'pig butchering' fraud that used US shell companies to launder victim funds.

Fraud, Scams & Cybercrime

Thailand Freezes 1.18m Mule Accounts as Online Scam Losses Fall

By Nithya Subramanian | 11/02/2026

Digital Economy Minister Chaichanok Chidchob said tighter controls on bank accounts, SIM cards and fraudulent websites have helped cut reported scam losses, with enforcement measures in the pipeline.

Fraud, Scams & Cybercrime

India’s Top Court Orders Agencies to Coordinate on Digital Arrest Scams

By Nithya Subramanian | 11/02/2026

The RBI, banks, CBI, and other agencies are directed to coordinate on prevention, victim compensation, and stricter safeguards against fraudulent transactions.