Interpol

AML / KYC

Malaysia Freezes Bank Accounts, Makes Arrests in Bribery Probe

By Editors | 30/08/2023

The probe involves more than MYR 6 million in bribes allegedly paid to prominent figures and political leaders by a gambling company.

AML / KYC

US, UK, Canada Sanction Former Governor of Lebanon Central Bank

By Editors | 11/08/2023

The former governor and his close associates were sanctioned for “corrupt acts” that contributed to Lebanon’s economic crisis.

Enforcement

Former Remisier Extradited from Spain to Face Fraud Charges in Singapore

By Mark Johnston | 04/08/2023

A former Maybank Kim Eng Securities remisier faces 52 charges for misappropriating SGD 13 million of client funds.

AML / KYC

HK ADCC Prevented Nearly HK$12bn of Fraud Losses in Six Years

By Mark Johnston | 22/07/2023

HK’s Anti-Deception Coordination Centre has prevented HKD 11.79 billion from falling into the hands of fraudsters since the unit was set up about six years ago.

AML / KYC

FATF to Bring “Fundamental Change” to Financial Crime Fight

By Karen Ng | 06/07/2023

FATF would scale up its fight against financial crime and bring comfort to victims through better asset recovery.

Enforcement

Singapore Court Jails Businessman in Wirecard Case

By Karen Ng | 28/06/2023

This is the third jail sentence relating to the Wirecard case handed out by the Singapore court within the past week.

Enforcement

Terra Founder Jailed for Four Months in Montenegro

By Mark Johnston | 22/06/2023

Do Kwon and another former Terra executive were arrested in Montenegro in March for possessing fake passports.

Enforcement

Singapore Sentences Two Former Wirecard Employees to Jail

By Karen Ng | 21/06/2023

These are the first convictions in the Wirecard scandal that brought down the German payment processor.

Enforcement

INTERPOL Issues Global Alert on Human Trafficking-Fueled Online Fraud

By Mark Johnston | 07/06/2023

INTERPOL warns of a “double-edged crime threat” that exploits victims of human trafficking as well as those forced to perpetrate online fraud.