26th November 2020
A report released today by Transparency International reveals that citizens across 17 countries in Asia report stagnant or rising levels of corruption, undermining equitable access to public services and trust in government. The report, Global Corruption Barometer – Asia, finds that three-quarters of respondents believe that government corruption is a… Read More
26th November 2020
A top banking regulator fined a JPMorgan Chase & Co. unit $250 million over deficiencies in internal controls and internal audit practices. JPMorgan Chase Bank N.A. entered into a resolution with the Office of the Comptroller of the Currency to pay the civil penalty, the company said in a… Read More
26th November 2020
As much as £1bn in benefit fraud has been prevented from being paid to organised-crime groups in recent months, BBC News has learned. But before the scam was spotted, officials unwittingly confirmed thousands of stolen identities. Fraudsters took advantage of looser rules introduced to cope with a surge of universal credit… Read More
26th November 2020
A Toronto currency exchange business helped Iran secretly wire millions of dollars into Canada in violation of sanctions, according to a classified intelligence report that calls the financial transfers a threat to national security. A Canadian Security Intelligence Service report obtained by Global News accuses Alireza Onghaei, the investor immigrant… Read More
26th November 2020
By Andrei Zakharov, Roman Badanin, OCCRP, 24 November 2020 Viktor Zolotov, head of the National Guard of Russia, visited a village on the Gulf of Finland last year to make a special delivery. In a solemn ceremony, flanked by troops standing at brisk attention, he presented… Read More
26th November 2020
Just when she thought the persecution was over, Maria Efimova, the whistleblower who helped expose the corrupt ties between organised crime and Malta’s political establishment, found that the nightmare was back. On Monday 17 November, Pantelis Varnava, Efimova’s husband, was put under arrest in Crete following a request from Cyprus’… Read More
26th November 2020
AP – Mexico’s former treasury and foreign relations secretary, Luis Videgaray, angrily denied accusations Tuesday by a lawyer for another former Cabinet secretary who claimed he used embezzled government money to help finance election campaigns. The accusations by a lawyer for ex-social development secretary Rosario Robles mark the second… Read More
26th November 2020
Eric Schmidt acquired all the typical trappings of a mega-rich U.S. citizen: a superyacht, a Gulfstream jet, a Manhattan penthouse. One of his newest assets is far less conventional: a second passport. Alphabet Inc.’s former chief executive officer applied to become a citizen of Cyprus, according to an announcement… Read More
26th November 2020
A Dublin hacker’s conviction for stealing more than $2 million in cryptocurrencies may affect a US request for his surrender, the High Court was told. Siobhán Ní Chúlacháin, BL, said that Conor Freeman was sentenced by Dublin circuit criminal court last week “arising out of similar circumstances” and this information… Read More
25th November 2020
Synthetic identity fraud, one of the fastest-growing financial crimes in the United States, has become an increasing concern for regulators, as banks struggle to find common ways of tackling the innovative theft technique that combines real and fictitious data about individuals. Estimates over the scale of the fraud vary, but nearly… Read More