Southeast Asia’s Online Trading Scam Crisis: A Growing Threat to Global Financial Security
February 1, 2025 – Southeast Asia has emerged as a global hotspot for online trading scams, with criminal syndicates exploiting the…
Tens of Thousands Lured by Fake Job Offers, Forced into Cybercrime
Singapore – Tens of thousands of people worldwide have fallen victim to large-scale human trafficking schemes orchestrated by criminal syndicates…
Singapore’s $2.3 Billion Money Laundering Scandal
News resources: Exactly one year after Singapore’s biggest money laundering scandal broke, authorities made significant arrests of finance professionals on…
Police Freeze RM300 Million in Assets Linked to Foreign Online Gambling Boss
Kuala Lumpur, August 13, 2024 – Malaysian authorities have taken significant action against a foreign online gambling operator by freezing…
Hong Kong Fines DBS Bank $1.3 Million for Anti-Money Laundering Violations
July 5, 2024 – The Hong Kong Monetary Authority (HKMA) has imposed a fine of HK$10 million (approximately $1.3 million)…
American Extradited to Singapore Admits $18 Million Fraudulent Trading Scheme
SINGAPORE – Michael Philip Atkins, an American and former director at the Singapore-based firm Aureus Capital, has admitted in court…
Philippines Deports 180 Chinese Nationals Over Online Scam and Trafficking
In a move following their detention in a raid on a suspected sex trafficking and online scam operation in Manila,…
Hong Kong: Trading Platform Accused of Swindling HK$120 Million from 131 Victims
Hong Kong: The alleged billion-dollar scam run by the Hounax virtual asset trading platform has recently drawn harsh criticism from…