A former Citibank relationship manager has been sentenced to two years in prison for his role in one of Singapore’s largest-ever money-laundering scandals, according to…
Bank of Ireland doubles provision for UK motor finance scandal to £350 million
The Bank of Ireland announced on Monday that it has sharply increased its provision related to the UK motor finance commission scandal, setting aside £350…
AI misuse fuels Southeast Asia scam operations, according to Reuters investigation
A Reuters investigation uncovered how criminal networks in Southeast Asia are using ChatGPT to run global fraud operations while forcing trafficked workers to participate. Kenyan…
EU prosecutors charge suspects in €280,000 subsidy fraud involving fake children’s projects
The European Public Prosecutor’s Office (EPPO) in Ostrava, Czechia, has charged two individuals and one company with subsidy fraud and damaging the financial interests of…
Italy uncovers €42.8 million VAT fraud linked to luxury car trade
Italian financial investigators have uncovered a massive value-added tax (VAT) evasion scheme worth €42.8 million involving the sale of luxury cars imported from Germany. The…
Charlie Javice handed prison term for defrauding JPMorgan in $175 million deal
Charlie Javice, once hailed as a promising young entrepreneur, will serve more than seven years in prison after a federal judge found she deceived JPMorgan…
Spanish PM’s brother to stand trial in corruption probe
The brother of Spanish Prime Minister Pedro Sánchez will face trial on charges of malfeasance and influence peddling, deepening the political storm around the Socialist…
Five foreigners wanted over multimillion-dollar telecom fraud
Authorities in El Salvador have confirmed that international arrest warrants remain in effect against five foreigners accused of being part of a sophisticated criminal network…
Whistleblower Drops Bomb on DOGE’s Allegedly Unlawful Handling of Social Security Data
Department of Government Efficiency personnel have transferred sensitive Social Security data for more than 300 million Americans to an unsecured cloud system, raising serious concerns…
DOJ Aims to Expand Incentives for Anti-Trust Whistleblowers
DOJ Breaks New Ground with Financial Incentives for Antitrust Whistleblowers The U.S. Department of Justice has fundamentally shifted its approach to combating corporate collusion by…