Dubai gold retailer speaks out over fraud investigation
A Dubai-based gold company has issued a statement to investors attempting to offer clarity over an alleged fraud thought to…
Fraud & Ethics
710 articles found
Dubai Bank bosses freed on cash bail
A Nairobi court has declined to grant three directors of Dubai Bank free bond in a case in which they…
Standard Chartered hosts its first Financial Crime Compliance Academy workshop in the Middle East
Following the successful launch of its Financial Crime Compliance Academy earlier this year, Standard Chartered hosted its first Financial…
United Arab Emirates-based Bank Suffers Customer Data Breach, Could Be Biggest In Bank Breach In UAE History
A recent breach of customer data at a UAE-based bank, which resulted in a Bitcoin ransom, represents a formidable hack…
SEDCO Capital Showcases Local Know-how and Global Reach
Hasan Al Jabri, CEO of SEDCO Capital participated in the Global Ethical Finance Forum which was hosted by the Scottish…
Accused Mastermind of J.P. Morgan Hack a Product of Israel’s Internet Underbelly
To many in Tel Aviv’s thriving tech community, Gery Shalon appeared to be one of its most prosperous entrepreneurs. …
'GCC banks can lead global fight to arrest $4tn losses from fraud'
The Gulf Cooperation Council (GCC) banks can lead the global fight against fraud, which totals nearly 4tn in revenue losses…
Jailed former Leeds United boss to pursue legal battle with Dubai employer
David Haigh is planning to continue his legal battle against his former Dubai employer when he returns to the UK…
Deutsche Bank to pay $258m penalty for violating US sanctions
Deutsche Bank Created “OFAC-Safe” Payment Processing Schemes to Evade U.S. Treasury Office of Foreign Asset Control (OFAC) Sanctions Deutsche…
DFSA fines Private Banking division for Anti-Money Laundering Deficiencies
The Dubai Financial Services Authority (DFSA) has imposed a fine of USD 640,000 (AED 2,350,720) on ABN AMRO Bank N.V.…
Iranian prosecutor asks for seizure of tycoon’s wealth in corruption case
The deputy prosecutor has said asked the seizure of all wealth of Babek Zanjani, an Iranian businessman currently imprisoned in…
Equivalent Of 1.3 Pct Of Egypt’s GDP In Secret Swiss Bank Accounts [Report]
Egyptians have deposited the equivalent of 1.29 percent of the country’s gross domestic product in HSBC Holdings plc Swiss subsidiary…