Fraud

Indian authorities arrested the former head of UCO Bank for allegedly receiving illegal kickbacks in one of the country’s largest bank frauds. The case involves approx. $726 million in siphoned …

SEC says Unicoin misled investors with false promises of crypto tokens backed by real estate and private equity stakes. The U.S. Securities and Exchange Commission (SEC) on Tuesday charged New …

Investigators allege EU funds were threatened by a complex VAT evasion scheme tied to Chinese-run firms in Italy. Italian financial police said Monday they have uncovered a 10.5 million euros …

A German court has sentenced two former Volkswagen executives to prison and handed suspended sentences to two others for their roles in the company’s diesel emissions scandal. Four former Volkswagen …

With fraud accounting for 41percent of all crimes and remaining the U.K.’s most common offence, the government is set to launch a new strategy to tackle online fraud. The U.K. …

In sweeping raids across 52 provinces, Turkish police seized $127M in assets and detained 423 suspects in a cybercrime probe targeting fraud, identity theft, money laundering and child exploitation. Turkish …

The suspected leader of a vast cross-border VAT fraud and money laundering ring faces trial in Latvia this month. The €297 million scheme targeted multiple EU countries and involved hundreds …

Fraudsters use emotional posts and fake giveaways to steal personal and banking data from Facebook users in Slovenia. Online scammers are targeting Facebook users in Slovenia with emotionally manipulative posts …

Fraudsters use emotional posts and fake giveaways to steal personal and banking data from Facebook users in Slovenia.

Investigators allege EU funds were threatened by a complex VAT evasion scheme tied to Chinese-run firms in Italy.