Malaysia’s anti-corruption agency has detained the chairman of construction group IJM Corporation for questioning as part of an investigation into alleged corruption involving billions of…
Hollywood director Michael Bay sues Cadillac F1 over Super Bowl advert
Hollywood director Michael Bay has filed a lawsuit against Cadillac Formula One, accusing the team of breach of contract and fraud over a Super Bowl…
Brazil flags loopholes allowing suspects to hide assets via pooled and escrow accounts
Brazil’s Finance Ministry has urged the country’s central bank to tighten regulations that it says allow criminal suspects and tax evaders to hide assets through…
China launches new crackdown on medical insurance fraud in mental health sector
Chinese authorities have launched a new nationwide crackdown on medical insurance fraud at mental health institutions, following media reports that some hospitals were offering free…
Europe’s anti-money laundering authority on track to be fully operational in 2028
The European Union’s new agency to combat illicit financial flows said on Wednesday it remains on track to be fully operational in 2028, as it…
Cambodian scam compound yields trove of fraud evidence, Thai military says
The Thai military said on Monday it had recovered extensive evidence of transnational fraud from a sprawling scam compound in Cambodia, seized during border clashes…
Trump administration sued over pause on immigrant visa processing
A coalition of civil rights organizations filed a lawsuit on Monday challenging the Trump administration’s decision to pause the processing of immigrant visas for citizens…
US sanctions Iran’s interior minister and businessman over crackdown and money laundering
The United States on Friday imposed sanctions on Iran’s interior minister, Eskandar Momeni, and a businessman Washington says helped launder money for Tehran, as the…
First Brands founder Patrick James and brother indicted in New York over alleged multibillion-dollar fraud
First Brands founder Patrick James and his brother Edward were indicted in New York on Thursday, accused of orchestrating a sweeping fraud that prosecutors say…
German police search Deutsche Bank offices in money laundering probe
German federal police carried out searches at offices of Deutsche Bank in Frankfurt and Berlin on Wednesday as part of an investigation linked to suspected…