19th September 2016
Twenty officials with the Arab Balad party arrested, may face charges of aggravated fraud, falsifying corporate documents, forgery, campaign financing violations Read More
16th September 2016
The Central Bank of Nigeria (CBN) has warned Nigerians to be careful not to deposit money in any institution that is not insured by the Nigeria Deposit Insurance Corporation (NDIC). The bank through its the acting Director of Corporate Communications, Mr. Isaac Okoroafor, warned especially on the trending MMM Nigeria community. “At times like this… Read More
14th September 2016
When Wells Fargo was hit last week with $185 million in fines after thousands of its employees were caught setting up fake accounts that customers didn’t ask for, regulators heralded the settlement as a breakthrough. The Consumer Financial Protection Bureau noted that the $100 million it will collect as part… Read More
11th September 2016
The Philippines’ department of justice has ended primary investigation in the cyber highest of the largest-ever amount of money Bangladesh Bank account of New York Federal reserve. At least 81 million dollars of the stolen money was en-cashed in Manila. The Daily Inquirer reported that the probe was related to… Read More
6th September 2016
Brazilian police launched an investigation of fraud at state-run companies’ pension funds on Monday, as a judge ordered dozens of senior financiers and executives away from their firms, including the chief executive of the world’s biggest beef exporter. Police carried out five arrests, more than two dozen interrogations and over… Read More
5th September 2016
A former French budget minister is going on trial for hiding part of his wealth in tax havens around the world while fighting tax evasion at home. Jerome Cahuzac is to appear in a Paris court Monday on charges of tax fraud and money laundering that forced him to resign… Read More
25th August 2016
A Jackson insurance agent is the latest person indicted in a corruption case tied to the former head of the Mississippi prison system. Guy E. “Butch” Evans, 61, appeared briefly Wednesday in U.S. District Court in Jackson and pleaded not guilty to one count of bribery and one count of… Read More
23rd August 2016
He had been arrested in Namibia in September 2006 after a global manhunt, but fought extradition. Read More
19th August 2016
The South African National Defence Force (SANDF) on Thursday, announced the suspension of 27 members for allegations of fraud and corruption. “The Chief of the SANDF General Solly Shoke places 27 members (19 uniformed and eight civilians) on leave on instruction who are working at the Army Support Base Limpopo… Read More
19th August 2016
Elysium Ranches, a housing development near Islamabad, was supposed to be a paradise. Spread over six sq miles of land, it would boast luxurious “farmhouses” costing up to £340,000 each, a seven-star hotel and an international-standard golf course to ensure it was “the ultimate place of happiness and tranquillity for… Read More