Fraud
Singapore businesses must be proactive to combat rise of AI-enabled fraud
Firms small and large must start with meticulous, compliant accounting and finance processes
Gautam, Sagar Adani agree to pay US$18 million total to settle US regulator’s fraud allegations
If finalised, the deal could be a significant boon to the Adani Group
Malaysian fugitive Jho Low seeks Trump pardon in 1MDB case
According to the DOJ website, the request for “Taek Jho Low” seeks a “Pardon after Completion of Sentence”
Russian investigators crack suspected crime ring behind 1 trillion rouble tax fraud
The losses by the state’s coffers come to light just as Moscow is trying to plug the budget deficit in the country’s wartime economy
China Evergrande’s billionaire boss falls from circles of power to fraud plea
His plea draws a line under the collapse of an empire that thrust China’s property sector into the glare of global investors
China Evergrande founder pleads guilty to fraud in Shenzhen court
Hui and the company also face charges of illegally extending loans, fraudulently issuing securities and bribery by units
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
Vietnam bank to sell mogul’s property, car to offset fraud loss
The proceeds from sales of the assets will go towards recovering the multibillion-dollar losses incurred
Liquidators lose appeal to sue StanChart, BSI over dodgy 1MDB deals
The appellants are pursuing other ‘workarounds’, such as winding up the relevant entities involved
Taiwan indicts 62 over suspected scam centre operator Prince Group
The transnational scam industry has emerged in South-east Asia during the pandemic
