How AI is transforming the fight against money laundering
As Kai-Fu Lee explains in his recent book, AI Superpowers: China, Silicon Valley and the New World Order, artificial intelligence…
Fraud & Ethics
710 articles found
19 Malayalis accused in Rs 1,200 cr UAE bank loan fraud
As many as 19 persons from Kerala has been named accused swindling Rs 1,200 crore from banks in United Arab…
Magical wealth manager scams $3.7m from believers
Volatile markets and the fear of making an investment blunder can lead some people to make strange decisions, but turning…
From smishing to prize scams: how to avoid bank fraud
Isabelle Jones made the mistake of clicking on a link in an email claiming to be from her bank. …
Ex-Standard Chartered banker prepares to plead guilty in Iran case
A former Standard Chartered employee is preparing to plead guilty to criminal charges in the US over alleged sanction breaches…
Standard Chartered STILL on the hook over Iran deals as it faces £1.2bn fine in US
Standard Chartered faces an extra three months on probation with US authorities as it haggles over a £1.2billion fine for…
Ex Barclays boss John Varley among four of the bank's former executives facing £6bn Qatar corruption trial
Former Barclays boss John Varley will go on trial next month in a blockbuster fraud case set to grip the…
Don't open WhatsApp message sent by 'UAE Central Bank', residents told
The UAE Central Bank on Thursday warned residents against malicious WhatsApp messages of fraudulent nature which claims to be sent…
This PowerPoint presentation proves Huawei CFO Sabrina Meng Wanzhou is guilty, says US. Preposterous, says her lawyer
In August 2013, Huawei CFO Sabrina Meng Wanzhou faced a HSBC banker and did something countless other executives have done…
The Story of Malaysia’s 1MDB, the Scandal That Shook the World of Finance
Malaysia’s state-owned investment fund, 1MDB, was supposed to attract foreign investment. Instead, it has spurred criminal and regulatory investigations around…
27 suspects charged with Dhs635m fraud
The Abu Dhabi Appellate Court adjourned the case of 27 suspects of different nationalities charged with fraud and stealing Dhs635million…
Abu Dhabi Police warn against fake banking websites
Abu Dhabi Police warned the public of fraudulent banking websites that trick victims and steal their savings in fraudulent operations…