Britain’s tax authority has outlined a new incentive program that would pay whistleblowers a share of the money recovered from major tax evasion schemes. The…
Singapore court allows $2.7 billion case against Standard Chartered to move forward
Singapore’s High Court opened the door to a major legal challenge against Standard Chartered, clearing the way for liquidators connected to the 1MDB scandal to…
Spain’s top prosecutor convicted in leak case, raising pressure on Sánchez’s government
Spain faced an unusual moment on Thursday after the Supreme Court ruled that Attorney General Álvaro García Ortiz leaked confidential information connected to a sensitive…
Fannie Mae investigators saw no evidence of mortgage fraud against Letitia James, court filing say
Senior investigators at Fannie Mae believed there was no clear proof that New York Attorney General Letitia James committed mortgage fraud, according to new details…
Chinese fraud mastermind sentenced in UK for laundering billions in bitcoin
A Chinese woman who led one of the largest Ponzi schemes in her country will spend more than 11 years in a British prison for…
Five indicted in €188 million VAT fraud and Hawala money laundering case
Hamburg prosecutors working with the European Public Prosecutor’s Office (EPPO) have filed charges against five suspects accused of running a massive cross-border VAT fraud and…
U.S. appeals court overturns fraud conviction of Iconix founder Neil Cole
A U.S. federal appeals court in Manhattan has overturned the fraud conviction of Neil Cole, founder and former CEO of Iconix Brand Group, ruling that…
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…