FIVE core members of a transnational online credit-card fraud syndicate, believed to be operating from Hong Kong, were arrested this month by the Hong Kong Police Force (HKPF).

[SINGAPORE] London-based Nithia Capital Resources Advisors is seeking to acquire troubled Singapore commodity trader Agritrade International (AIPL) and its shares in its Hong Kong-listed...

[LONDON] UK prosecutors have frozen a £5 million (S$8.78 million) apartment in west London owned by a Brazilian businessman implicated in the Petrobras bribery scandal.

[SINGAPORE] Fabricated documents, suspicious transactions and US$192 million in the hole. That's the predicament two banks claim they've found themselves in after funding crude oil deals in the...

[SINGAPORE] The Law Society (LawSoc) has warned of fraudsters targeting law firms in a scheme to steal funds through online transfers away from the intended recipients.

[BEIJING] Embattled coffee chain Luckin Coffee has decided against ousting its founder and chairman, despite an internal investigation concluding that last year's revenue included millions of...

[KUALA LUMPUR] Malaysia's aviation regulator has temporarily suspended pilots employed by domestic airlines who hold Pakistani licences, after the government of the South Asian nation revealed...

NEWS ANALYSIS

THE fraud probes into scandal-hit Wirecard are more likely to put question marks on the strength of the traditional field of auditing, than outrightly tarring the reputation of fintechs, said...

[BERLIN] Wirecard's offices in Germany and two locations in Austria were raided by Munich prosecutors looking into the 1.90 billion euros (S$2.98 billion) that went missing from the fintech...

[FRANKFURT] Wirecard's administrator said he has received strong inbound interest for the payment firm's assets and will shortly mandate banks for the sale of individual parts of the company.