Fraud, Scams & Cybercrime

Fraud, Scams & Cybercrime

MAS, Singapore Police Warn of New Scam Using Doctored ID Cards

By Nithya Subramanian | 14/11/2025

The new scam tactic involves the use of digitally altered identity cards to open payment service accounts, which are then used to receive proceeds from scams.

Fraud, Scams & Cybercrime

Singapore Jails Nominee Director in Multi-Million Dollar Shell Company Scam Case

By Mark Johnston | 13/11/2025

Singaporean man sentenced after shell firms he directed processed millions in proceeds from US and European scams.

Anti-Money Laundering

UK Jails Chinese Fraud Mastermind Over Multi-Billion Bitcoin Laundering

By Sanday Chongo Kabange | 13/11/2025

The case involved one of Britain's largest-ever cryptocurrency seizures, stemming from a massive Ponzi scheme affecting 128,000 Chinese investors.

Fraud, Scams & Cybercrime

US Authorities Strike at Southeast Asia’s Crypto Scam Networks

By Nithya Subramanian | 13/11/2025

The DOJ and OFAC coordinate on new Scam Centre Strike Force and sanctions against transnational fraud rings

Fraud, Scams & Cybercrime

Korea to Share Rental Fraud Data, Bring Crypto Firms Under Credit Law

By Sanday Chongo Kabange | 13/11/2025

The FSC says the proposed rules will allow sharing of malicious landlord data without their consent and formally classify virtual asset firms as credit information providers.

Anti-Money Laundering

Following the Flow of Funds Behind Illicit DPRK IT Worker Threat

By Chandana Seshadri | 13/11/2025

Disrupting North Korea’s illicit IT workers requires a focus on both identity fraud and dismantling complex financial networks.

Fraud, Scams & Cybercrime

Hong Kong Issues Global Alerts for JPEX Crypto Fraud Suspects

By Sanday Chongo Kabange | 12/11/2025

Authorities prosecute 16 individuals and seek three alleged masterminds in the HKD1.6 billion virtual asset platform collapse.

Anti-Money Laundering

Thailand Issues Arrest Warrant for Cambodian Senator in Money Laundering Probe

By Sanday Chongo Kabange | 12/11/2025

Authorities seized assets worth around THB 400 million after revoking the tycoon’s Thai citizenship over links to international scam networks.

Fraud, Scams & Cybercrime

Australia Police Charge NAB Manager in A$200M Fraud Syndicate

By Sanday Chongo Kabange | 12/11/2025

A senior NAB manager has been charged for his alleged 'gatekeeper' role in a A$200 million fraud syndicate, prompting a review of the bank's internal controls.