Cybercrime in the Middle East costs US$1billion
Cyber Security tops agenda at Middle East event by addressing security issues as IT sector experiences year-on-year growth of 8%…
Fraud & Ethics
710 articles found
ATM fraud alert sounded out
The Saudi Arabian Monetary Agency, the Kingdom’s central bank, has warned commercial banks to improve their systems and customers to…
Corruption Allegations at Turkish Islamic Bank – CEO Resigns
Following allegations of corruption published on a Turkish finance website, Derya Gürerk, the CEO of Türkiye Finans Participation Bank, resigned…
UK judge dismisses claim by jailed former Leeds Utd boss against GFH exes
An application lodged by David Haigh to have two senior executives of Dubai's GFH Capital arrested has been dismissed by…
Kentaro raided in probe into Brazil vs Argentina friendly in Qatar
Swiss authorities have raided the offices of Switzerland-based sports rights agency Kentaro, investigating the relationship between a 2010 Brazil vs…
Sepp Blatter Exit Hits Qatar Stocks and Could Hurt Economic Change
The tiny but very wealthy Gulf State of Qatar, which has faced persistent questions over its successful bid to host…
Ethical Finance Innovation Challenge & Awards returns for third year
Each year the list gets longer: the biggest banks admitting guilt in LIBOR rigging, FX rigging, money laundering and other…
UAE to monitor banks behavior
The United Arab Emirates’ Banks Federation has decided to set up an independent supervising organization to make sure that its…
DFSA Fines United Investment Bank Limited
The Dubai Financial Services Authority has imposed a fine of USD 56,000 (AED 205,800) on United Investment Bank Limited.…
Prosecutors: Newport man promised In-N-Out franchises in Middle East, scammed investors out of $4 million
A Newport Beach man is facing federal fraud charges after authorities say he scammed investors out of more than $4…
Russian cybergroup eyes bank attacks
A security firm is warning that a group of Russian hackers known for targeting military, government and media organizations is…
UAE bank alert on new 'SIM swap' fraud
Banks in the UAE are warning customers about a new “SIM Swap” fraud and are advising them to keep their…