Awareness is key to preventing fraud
In order to better understand the means and methods of fraudsters in the digital age, SS&C turned to a panel…
Fraud & Ethics
710 articles found
Dubai Police Arrest “Middle East Bitcoin” or Habibi Coin Founder for Defrauding Millions from Investors
In a strange irony, ‘serial multimillionaire’ Dubai based entrepreneur and philanthropist, Aziz ”Com” Mizra, was taken into custody early on…
EY: Gold, drug money and a major auditor's 'cover-up'
A major accountancy firm covered up evidence of smuggling by an organised crime gang that was laundering British drug money,…
Massive drive by Sharjah to prevent bank frauds
In line with the UAE Vision 2021, which aims to make the country the safest place in the world, Sharjah…
UBF and SWIFT collaborate to combat cyberattacks on UAE banking industry
In a collective effort to promote a secure and stable financial landscape in the UAE, the UAE Banks Federation, in…
Former Barclays bankers lied about Qatari fees in 2008, fraud trial hears
Three former Barclays executives lied to the market by hiding £322 million ($395 million) in extra fees that the bank…
Watch out! That SMS from bank in UAE could be fake
Text messages trying to extract a customer's secret bank information to hack into his account and withdraw funds are increasing…
Former Barclays executives set for fraud trial over Qatar rescue
Three former Barclays executives charged with fraud in relation to an emergency cash injection from Qatari investors during the financial…
Dubai firm loses £42,000 in phishing attack
A company in the United Arab Emirates has lost $53,000 (£42,000) after falling for an elaborate phishing attack. Dubai-based…
UAE bank warns customers: Don’t be tricked by magic pen
Do you believe in magic? Have you been tricked by magicians? Believe it or not, scammers can be magicians as…
Dubai bank worker jailed and ordered to pay Dh1.6 million over fraud
A bank's assistant manager has been handed a one-year jail sentence and ordered to pay more than Dh1.6 million after…
MoI cautions citizens, residents on anonymous, suspicious messages
The Ministry of Interior has reminded people to be cautious of anonymous and suspicious messages received through SMS, WhatsApp and…