Financial Crime
There were 40 confirmed victims of the romance fraud scam Five men have been jailed after exploiting people through romance…
Turkey is preparing new anti-money laundering (AML) regulations that would give the country’s Financial Crimes Investigation Board (MASAK) the power to…
Tom Gerken European banks have seen widespread unauthorised direct debits from PayPal accounts, the German Savings Banks Association (DSGV) says.…
Criminals are using social engineering to trick people into divulging one-time passcodes Vicky Shaw A banking and finance industry body has warned…
UK Finance releases its latest annual fraud report, detailing the amount its members reported as stolen through payment fraud in…
Chris Bourne Money laundering red flags include unusual transactions, unexplained funds, high-value cash, rapid fund transfers, PEP involvement, inconsistent documentation,…
Devendra Singh Parmar As the financial services industry continues to undergo rapid digital transformation, the landscape of banking is set…
Despite repeated warnings from financial regulators and industry experts, Ponzi schemes continue to thrive in Nigeria. Experts say the failure…
A Nigerian woman, June Ashimola who was falsely declared dead has appeared in court via videolink from Nigeria to prevent…