Fraud, Scams & Cybercrime

Anti-Money Laundering

Banks and Crypto Firms Can Help to Tackle Scam Centres

By Nathan Lynch | 27/05/2025

Scam centres fuel human trafficking and money laundering, experts warn, urging banks and crypto firms to enhance AML efforts.

Fraud, Scams & Cybercrime

Thai Police Arrest Three Bank Employees for Aiding Scammers

By Mark Johnston | 26/05/2025

The bank employees reportedly helped Chinese scammers open bank accounts which enabled them to withdraw scam proceeds.

Fraud, Scams & Cybercrime

ACCC Publishes Final Report of Job Scam Fusion Cell

By Thisanka Siripala | 25/05/2025

The fusion cell’s work resulted in the removal of over 29,000 scam accounts and the blacklisting of 836 crypto wallets.

Fraud, Scams & Cybercrime

Korea, UNODC Partner to Tackle Transnational Crime

By Manesh Samtani | 25/05/2025

Korea’s National Police Agency and UNODC signed an MoU to formalise collaboration to combat transnational organised crime in Southeast Asia.

Reporting & Disclosures

Singaporeans Want Banks With More Societal Impact: ABS Survey

By Nithya Subramanian | 23/05/2025

While trust in Singapore’s banks remains strong, many Singaporeans expect them to play a more meaningful role in serving the community.

Fraud, Scams & Cybercrime

Fighting Scams is a Community Effort: Singapore Police

By Manesh Samtani | 23/05/2025

Aileen Yap said Singapore’s strategy to fighting scams relies on quick response and collaboration between all stakeholders.

Cryptocurrency

India Supreme Court Presses Government on Crypto Regulation

By Nithya Subramanian | 22/05/2025

The top court criticised the government for taxing crypto at 30 percent without putting in place corresponding regulation.

Fraud, Scams & Cybercrime

Japan Moves to Block Payments Linked to Online Casinos

By Thisanka Siripala | 22/05/2025

Banks, payments providers and crypto firms are directed to issue user warnings and block transactions linked to online casinos.

Anti-Money Laundering

HK Police Busts Cross-Border Money Laundering Syndicate

By Sanday Chongo Kabange | 22/05/2025

HKPF arrested 10 suspects linked to a money laundering operation involving stooge accounts in Hong Kong and Mainland China.