Showing 11 - 20 of 301
Singapore charges former bankers in laundering case
Bloomberg News, Published on 15/08/2024
» Singapore charged two former bank relationship managers who it accused of being involved in the country’s biggest money-laundering case, marking its first criminal actions against finance professionals in the S$3 billion (US$2.3 billion) scandal.
Hong Kong customs to use AI to check 6,000 digital images in seconds for crime-fighting boost
Published on 30/07/2024
» HONG KONG: Hong Kong customs will establish a new artificial intelligence (AI) system that can process up to an hour of surveillance camera footage or about 6,000 images within seconds to crack down on crimes involving digital evidence.
Philippines' Marcos orders closure of offshore gaming industry
Published on 22/07/2024
» MANILA - President Ferdinand Marcos Jr on Monday banned gambling operations set up in the Philippines that target gamblers overseas, including Chinese mainlanders, because of crimes linked to the industry.
N.Korean hackers sent stolen crypto to Cambodian payment firm
Published on 15/07/2024
» LONDON - A major Cambodian payments firm received crypto worth over $150,000 from a digital wallet used by North Korean hacking outfit Lazarus, blockchain data shows, a glimpse of how the criminal collective has laundered funds in Southeast Asia.
Singapore seized $4.4bn in dirty money
Bloomberg News, Published on 26/06/2024
» SINGAPORE - Singapore has seized S$6 billion (US$4.4 billion) linked to criminal and money laundering activities over the past five years, of which about half of these illicit assets were from last year’s record scandal.
Indonesia cuts access to online gambling sites as crime surges
Published on 24/06/2024
» Indonesia will cut off access points to websites operating out of Cambodia and Davao City in the Philippines that are suspected of being linked to online gambling.
Nobel laureate Yunus indicted for embezzlement
Published on 12/06/2024
» DHAKA - Nobel laureate Muhammad Yunus and 13 others were indicted by a court in Bangladesh court on Wednesday on charges of embezzlement of 252 million taka ($2 million) from the workers’ welfare fund of his telecoms company.
Vietnam tycoon on death row illegally moved money overseas
Reuters, Published on 06/06/2024
» HANOI - Vietnam real estate tycoon Truong My Lan, sentenced to death in the country's largest-ever financial fraud case, had illegally transferred money abroad, according to police, with state media on Thursday reporting US$4.5 billion had been moved.
Singapore wealth flows face renewed scrutiny in superhacker case
Bloomberg News, Published on 31/05/2024
» SINGAPORE- Before he was arrested this month for allegedly running what is likely the world's largest cybercrime computer network, Wang Yunhe enjoyed a lavish lifestyle in Singapore.
Why Myanmar’s war matters, even if the world is not watching
New York Times, Published on 20/04/2024
» SEOUL — An escalating civil war threatens to break apart a country of roughly 55 million people that sits between China and India. That has international consequences, but the conflict has not commanded wide attention.