Fraud
Aletheia Capital downgrades Wilmar to ‘sell’, cuts target to S$2.50 on legal woes
China contributes more than half of the agribusiness group’s earnings
Wilmar’s China subsidiary lodges appeal over contract fraud case
[SINGAPORE] A subsidiary of Wilmar International has lodged an appeal in a Chinese court, after it was found guilty of contract fraud and ordered to bear losses amounting to 1.88 billion yuan (S$345.6...
‘Lost their life savings’: Tokenize Xchange users sue founder and wife for over S$60 million in lost crypto assets
The firm owes its customers about S$266.3 million but has only S$2.6 million in realisable assets, interim judicial manager report reveals
Jho Low, Chen Zhi: Two fugitives, two ecosystems
These high-profile frauds expose an uneasy truth about financial oversight in South-east Asia
Singapore court clears way for US$2.7 billion suit against StanChart in 1MDB scandal-linked claim
Claims involve an alleged US$150 million deposit to Najib Razak and US$77 million for his wife Rosmah Mansor’s bags and jewellery
Wilmar China unit found guilty of contract fraud; will appeal against court decision
It has been found to be jointly liable for 1.88 billion yuan in losses
We have to be able to hold tech platforms accountable for fraud
Algorithms ensure that people who click on scams are likely to see more of them
Fraud and scam claims against digital banks in Singapore on the rise
The banking industry, together with regulators and other stakeholders like the telcos, has stepped up the fight against scams
US ‘Strike Force’ to combat scam centres in South-east Asia
The task force will probe and disrupt major schemes that defraud Americans of nearly US$10 billion a year
S$3 billion money laundering case: Two suspects on the run spent S$70 million on UK properties
One of the suspects, Su Binghai, bought nine apartments in London just a week after he escaped police raids.
