Fraud
California crypto company accused of illegally inflating Katy Perry NFTs and fraud
Four years ago, California startup Theta Labs’ cryptocurrency was soaring, and its future appeared bright when it landed a partnership with pop star Katy Perry. The Bay Area company...
SingPost’s 2024 fraud incident allegedly involved e-commerce shipments bound for Canada
[SINGAPORE] More details have emerged about Singapore Post’s (SingPost) parcel delivery fraud incident that came to light in 2024. The Business Times understands the major client involved was Cainiao,...
US SEC launches task force on securities fraud by foreign companies
[WASHINGTON] The US Securities and Exchange Commission (SEC) is setting up a new unit to focus on securities fraud by foreign companies, one of the first signals of the...
Liquidators file legal proceedings against Standard Chartered Bank over 1MDB fraud
Published Tue, Jul 1, 2025 · 01:49 PM[KUALA LUMPUR] Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1MDB have initiated legal proceedings against Standard Chartered Bank...
Standard Chartered Bank faces US$2.7 billion lawsuit over alleged role in 1MDB fraud
The move is the latest in a wide-ranging effort to recover money belonging to 1Malaysia Development BerhadPublished Tue, Jul 1, 2025 · 01:49 PM — Updated Tue, Jul 1,...
Standard Chartered faces US$2.7 billion lawsuit over alleged role in 1MDB fraud; bank ‘emphatically rejects’ claims
[SINGAPORE] Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1Malaysia Development Berhad (1MDB) have initiated legal proceedings against Standard Chartered Bank in the High Court of...
Walmart to pay US$10 million to settle US FTC lawsuit over money transfer fraud
Published Sat, Jun 21, 2025 · 09:14 AM[NEW YORK] Walmart has agreed to pay US$10 million to settle a US Federal Trade Commission (FTC) civil lawsuit accusing the world’s...
Australia cracks down on crypto ATMs as scams, fraud uncovered
There are now more than 1,800 machines in the country compared to just 23 in 2019, according to Austrac dataPublished Tue, Jun 3, 2025 · 10:03 AM[MELBOURNE] Australia’s financial...
