Fraud, Scams & Cybercrime

Fraud, Scams & Cybercrime

JPX Announces New Measures to Combat Accounting Fraud in IPOs

By Sanday Chongo Kabange | 15/12/2025

New measures include enhanced scrutiny of high-risk business models, interviews with former auditors, and stricter reviews of whistleblowing systems.

Fraud, Scams & Cybercrime

Cambodia to Tackle Fraud Linked to Anonymous SIM cards

By Nithya Subramanian | 15/12/2025

The central bank and telecom ministry have agreed to link verified phone numbers with bank accounts to make it harder for fraudsters to exploit anonymous SIM cards.

Anti-Money Laundering

Singapore AML Reforms Tested by Prince Group’s ‘Integrated’ Crime Model

By Nithya Subramanian | 15/12/2025

New commentary says recent allegations against Prince Group show a shift from sequential to integrated criminal enterprises, testing new frameworks.

Fraud, Scams & Cybercrime

US Court Sentences Crypto Founder Do Kwon to 15 Years in Prison

By Manesh Samtani | 13/12/2025

The South Korean national faces separate charges in his home country, with a potential prison transfer after serving half his US term.

Fraud, Scams & Cybercrime

China Escalates Anti-Fraud Drive with Bounty List, Mass Myanmar Repatriations

By Mark Johnston | 13/12/2025

Police across multiple Chinese provinces issued arrest notices for key figures accused of recruiting personnel and managing finances for Myanmar fraud operations.

Fraud, Scams & Cybercrime

RBI Grants Approval for Digital Payments Intelligence Platform

By Nithya Subramanian | 12/12/2025

SBI and Bank of Baroda take the lead in building a shared digital payments intelligence platform to strengthen real-time fraud detection across the financial system.

Fraud, Scams & Cybercrime

Bank Indonesia Steps Up Oversight After Alleged BI-FAST Fraud

By Nithya Subramanian | 10/12/2025

Bank Indonesia is working with OJK to ensure recovery measures and security enhancements in affected institutions, while urging public to continue using BI-FAST.

Fraud, Scams & Cybercrime

India’s Gujarat Police Crackdown on Cyber Fraud Networks

By Nithya Subramanian | 10/12/2025

Gujarat has rolled out Operation Mule Hunt, a state-level push to track scams from account operators to masterminds.

Supervision & Enforcement

ASIC Sues Diversa Trustees Over First Guardian Super Fund Collapse

By Sanday Chongo Kabange | 10/12/2025

ASIC alleges major due diligence and monitoring failures by the superannuation trustee, seeking penalties and member compensation.