All posts tagged "fraud"
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181EnforcementMAS Charges Two Insurance Agents for Falsifying Documents
Two insurance agents of Prudential Assurance Company Singapore provided false information to MAS in relation to an investigation it was pursuing.
May 23, 2022 -
342AML / KYCCrypto Firms Launch Scam Reporting Platform: Chainabuse
Chainabuse is backed by TRM Labs, Solana Foundation, Circle, OpenSea, Binance, The Aave Companies, CIVIC, and Hedera.
May 23, 2022 -
184AML / KYCFugitive Former Banker from Bangladesh Arrested in India
PK Halder has been on the run since 2019 after allegedly defrauding multiple NBFIs in Bangladesh of more than $280,000.
May 23, 2022 -
250AML / KYCAustralia: FSC Calls for Measures to Stop Online Scam Ads
The Financial Services Council is calling for the introduction of a mandatory code of conduct for digital platforms like Facebook and Google to prevent financial scams.
May 23, 2022 -
386EnforcementHK ICAC Charges Ex-Sunway Employee for Money Laundering
A former personal assistant helped his boss to launder HKD 125 million borrowed from listed company Sunway International Holdings.
May 20, 2022 -
439AML / KYCPhilippines Passes Law to Enhance Financial Consumer Protections
The law grants regulators enhanced powers to address fraud and consumer complaints in a more timely manner.
May 19, 2022 -
1.2KAML / KYCUS Charges Crypto CEO for Fraudulent Investment Scheme
Eddy Alexandre, the CEO of EminiFX, promised weekly returns would be generated through proprietary robo-advising technology.
May 19, 2022 -
387EnforcementAllianz to Pay $6bn to Settle Investor Fraud Cases
Allianz Global Investors admitted that it violated the federal securities laws, and is disqualified from providing advisory services to US funds for ten years.
May 18, 2022 -
595AML / KYCISDA AGM Highlights Global Scrutiny of Crypto Sector
Senior officials from the FSB, Basel Committee, US SEC, and CFTC spoke at ISDA's AGM about the need for more regulation in the crypto sector.
May 14, 2022 -
409AML / KYCUK Unveils Legislative Agenda for Financial Services, Markets
The agenda includes support for safe crypto adoption, stronger powers to tackle illicit finance, and better fraud protections for consumers.
May 13, 2022
