During a fraud trial on Tuesday (Feb. 19), the former chairman of Barclays bank said that Qatar was “not as central” to the bank’s plans to fundraise billions in 2008, according to a report in the Financial Times. Get the Full Story Complete the form...
Danske Bank, which was involved in one of the biggest money laundering scandals of all time, will no longer do business in Russia or the neighboring Baltic states, according to a report in Reuters. Get the Full Story Complete the form to unlock this article...
Danske Bank was ordered by Estonia to shutter its local branch at the center of a money-laundering scandal, and has been given only a few months to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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Governments around the world have a new front in their fight against money laundering: real estate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
So much of the focus on fraud these days involves exploiting holes in software, hacking into systems to steal personal information and payment data, or otherwise using digital methods in heists. But recent news involving “death-spiral financing” reminds us that fraud is still conducted in...
Etsy suffered a bill payment error in which a large amount of money was withdrawn from several of its sellers’ bank accounts and charged to their credit cards late last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Australian government has disclosed that it was the victim of a cyber attack and said the government suspects a state actor, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
China’s Operation Fox Hunt has led to the arrest of 62 Chinese nationals abroad and the seizure of 10 billion yuan ($1.5 billion) in assets from 380 fraudulent peer-to-peer (P2P) lending platforms, according to a Reuters report. The crackdown, which started up in June, comes as part...
