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…
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…
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…
Guyana opposition chooses leader facing US fraud and money laundering charges
Guyana’s opposition lawmakers have elected businessman Azruddin Mohamed as their new leader, a move that has drawn sharp attention because he is simultaneously fighting extradition…
Wall Street banks weigh response to Trump’s proposed cap on credit card interest rates
U.S. banks are confronting a new political and commercial dilemma after President Donald Trump called for a temporary cap on credit card interest rates, a…
US Supreme Court agrees to hear Bayer’s bid to limit Roundup cancer lawsuits
The U.S. Supreme Court has agreed to hear a closely watched appeal from Bayer that could sharply curb thousands of lawsuits accusing the company’s Roundup…
Brazil prosecutors say Banco Master investigation could last up to six months
Brazil’s federal prosecutors expect to spend at least four to six months reviewing evidence gathered in the expanding investigation into the collapse of Banco Master,…
Brazil central bank orders liquidation of brokerage REAG over serious regulatory breaches
Brazil’s central bank has ordered the liquidation of brokerage firm REAG, now operating under the name CBSF, citing serious violations of financial system rules. The…