forgery - Regulation Asia

Hin Leong Files Suit Against Deloitte Over Auditing Failures

The lawsuit claims Deloitte would have detected material misstatements and not issued unqualified opinions if its audits were carried out properly.

June 16, 2021

77

AML / KYC

Philippine Prosecutors File Criminal Complaints Over Wirecard Fraud

The criminal complaints accuse respondents of violating banking, cybercrime, and e-commerce laws as well as falsifying commercial documents.

June 9, 2021

76

Enforcement

MAS Bans Former Representative Over Forgery Conviction

The former representative deceived online platform OANDA into crediting money into his personal trading account through forged screenshots of a bank transfer.

June 5, 2021

180

Enforcement

SG Police Issue Cheating Charges in Nickel Trading Fraud Case

With the latest charges, Ng Yu Zhi now faces a total of 18 counts of cheating, fraudulent trading and forgery. He will return to court on 28 June.

May 18, 2021

76

Enforcement

Singapore Court Sentences Former Banker to Seven Years’ Jail

The former UOB and OCBC banker promoted fictitious deposit and investment products to customers and then misappropriated the funds.

May 13, 2021

91

Australia & NZ

ASIC Bans Former ANZ Representative For Eight Years

The representative falsely witnessed binding nomination of beneficiary forms for 17 clients, backdated documents, and falsified a client’s signature.

May 11, 2021

163

Enforcement

Singapore Court Jails Former CFO for Loan Fraud

The former CFO of Coastal Oil Singapore conspired with three colleagues to deceive 8 banks into disbursing over $300mn in loans.

May 5, 2021

163

Enforcement

SG Police Lays 23 Forgery Charges Against Hin Leong Founder

Lim Oon Kuin now faces a total of 25 charges - 14 counts of abetment of forgery for the purpose of cheating, and 11 counts of abetment of forgery simpliciter.

May 3, 2021

157

Enforcement