Fraud, Scams & Cybercrime

Fraud, Scams & Cybercrime

Thailand SEC Leads Crackdown on Crypto Mule Accounts

By Nithya Subramanian | 24/09/2025

The crackdown, in coordination with BOT, AMLO and CCIB, includes closer monitoring of crypto exchanges and faster information-sharing to block illicit transfers.

KYC & CDD

How DPRK IT Workers Exploit Identity Management Vulnerabilities

By Chandana Seshadri | 24/09/2025

The exploitation of identity management vulnerabilities by North Korean IT workers poses a systemic counter-proliferation and national security threat, writes Chandana Seshadri.

Cybersecurity

India’s IFSCA Consults on New Internet Banking Rules for Offshore Units

By Nithya Subramanian | 24/09/2025

The proposals outline mandatory measures on cyber security, customer authentication, fraud monitoring, and system resilience, with compliance targeted by March 2026.

Anti-Money Laundering

Bangladesh Court Orders $81 Million Seizure from Philippine Bank

By Editors | 23/09/2025

A Dhaka court has ordered the confiscation of funds from RCBC, more than nine years after the cyber heist suffered by Bangladesh Bank.

Fraud, Scams & Cybercrime

OJK Indonesia Probes Suspected Breach of BCA Client Fund Account

By Nithya Subramanian | 22/09/2025

OJK is coordinating with IDX, KPEI and KSEI to mitigate risks and has tightened rules on client fund transfers and withdrawals to safeguard investors.

Fraud, Scams & Cybercrime

HKPF Deepens Anti-Scam Cooperation with Regional Partners

By Editors | 22/09/2025

Police chief met with counterparts from four key Asian nations to discuss closer collaboration on combating scams, as a major security forum pledges joint action on online fraud.

Anti-Money Laundering

DBS Cash Remittances Curb Puts 3 Bangladeshi Banks at Risk

By Nithya Subramanian | 22/09/2025

Proposed suspension threatens a key channel of remittance for Bangladeshi migrant workers, though regulators have secured a temporary reprieve until 31 October.

Anti-Money Laundering

Hong Kong Police Bust HKD 66 Million Laundering Ring

By Editors | 22/09/2025

Syndicate allegedly used over 30 stooge accounts at both traditional and virtual banks, operating from hotel rooms to process illicit funds.

Anti-Money Laundering

INTERPOL to Bolster Fight Against Illicit Finance in Asia with New Tools

By Editors | 21/09/2025

Law enforcement leaders endorsed new measures for rapid payment intervention and asset freezing to combat organised crime and illegal financial flows.