How to spot a recruitment scam in the UAE
Jobseekers should steer clear of recruiters who ask for cash or payment in personal bank accounts, it has been advised.…
Fraud & Ethics
710 articles found
UAE launches smart anti-money laundering system 'Fawri Tick'
The UAE has launched ‘Fawri Tick’ - a smart anti-money laundering tool. The system integrates and aggregates various Anti-Money…
2 Saudi royals, others officials investigated for fraud
Saudi Arabia’s top military commander in its yearslong war in Yemen and his prince son have been removed from their…
The Quiet Man in Stockholm Who Laundered China’s Oil Money for Iran
By all outward appearances, Hatam Khatoun Nema was a small-time money changer working from a nondescript office in Järfälla, a…
UBP's Saudi Setback
The Genevan wealth manager is grappling with a hefty claim for damages from a major fraud scandal. After a years-long…
Global Anti-Money-Laundering Fine Amounts Released
An Overview of Financial Crime Fines Money laundering has consistently been a key area of focus for enforcement action,…
How to avoid falling victim to payment scams
If this unprecedented global pandemic has taught us one lesson on personal responsibility, it is that being aware and cautious…
Saudi anti-graft watchdog probes 218 cases
Saudi Arabia’s Control and Anti-Corruption Authority (Nazaha) has investigated 218 corruption cases in different government sectors, the Saudi Press Agency…
NBK Warns Customers Against the Spread of Coronavirus Related Fraud
Al-Mulla: We are constantly communicating with our customers to ensure they are aware of all types of fraud National…
Kuwaiti social media influencers named in online money laundering probe
Kuwait’s interior ministry has named 10 social media influencers connected to a money laundering investigation into e-commerce site Boutiqaat.com. …
UAE residents warned against divulging bank details, personal information to random callers
Have you received a call from someone claiming to be a bank representative and asking you for your personal information?…
Appeals court increases fine on four banks, three officials in money laundering case
AN appeals court in Bahrain has increased the fines imposed on three officials and four banks in connection with a…