Financial crimes
Singapore banks getting better at spotting dirty money, but penalties still lack bite, says global watchdog
FATF recognises role of Republic’s strong public-private cooperation and information collaboration in curbing money laundering
Singapore earns top rating in fight against financial crime despite shadow of S$3 billion money laundering scandal
Despite high marks, a global watchdog flags gaps in sanctions and oversight of certain sectors
MAS partners banking industry to tap AI, machine learning to combat financial crime
It will use these techniques to enhance scam-detection capabilities
Former manager with DBS Bank admits cheating 7 victims, including his uncle, of over S$1 million
[SINGAPORE] A former manager with DBS Bank has admitted to cheating seven victims, including his own uncle, of nearly S$1.4 million in total.
Indonesia’s eFishery founder faces verdict in fraud case over alleged 70 billion rupiah losses
Prosecutors have sought a 10-year prison term and fine of 1 billion rupiah for Gibran Huzaifah
Singapore extradites former Wirecard director to Germany over links to global fraud ring
The German national is allegedly involved in a criminal organisation, money-laundering offences
Director and company secretary to be charged over suspected involvement in money-laundering activities
The fraudulent funds were obtained from investment and inheritance scams against overseas victims
Penny stock crash masterminds John Soh, Quah Su-Ling fail in bid to cut jail sentences
The duo lost their appeal in October 2025
Singapore police arrest Capital Asia Investments directors, seize over S$160 million in assets
MAS says Singapore fund manager is being investigated for suspected money laundering
Autobahn Rent A Car director Roy Tan faces fresh forgery charge
He is accused of forging nine receipts to show that S$1.9 million had been paid in full to Toyota distributor Borneo Motors for nine cars
