KUALA LUMPUR: The banking industry and PayNet are working towards introducing industry-wide fraud alert capabilities, with pilot testing involving selected banks targeted for the first half…
A Texas mortgage lender filed a racketeering lawsuit Wednesday against more than two dozen corporate entities they accused of participating in a “extensive real estate fraud…
South Korean banks are facing a new test of their internal control systems as a series of large-scale financial fraud cases involving outside parties has emerged,…
An investigation by the Australian Broadcasting Corporation (ABC) has uncovered an investment fraud network that allegedly has operated from Israel since 2021 and is estimated to…
Hundreds of millions of dollars of suspected fraudulent loans have been uncovered at 10 major banks during an operation involving Australia’s top-tier financial regulation and criminal…
Authorities have uncovered coordinated mortgage fraud with foreign actors exploiting weak oversight of lending rules to unlawfully funnel money into property. In particular, the Sydney market…
When a man in a black Air Jordan T-shirt walked up to a self-checkout kiosk at a Louisiana Lowe’s last spring, he looked like any other…
Mexico’s financial sector is facing simultaneous pressure from more sophisticated cyberattacks against banking infrastructure and a sustained increase in digital financial fraud targeting consumers. While Banco…
An arbitrator this month awarded approximately $1.34 billion to Laguna Beach businessman Mohammad Honarkar in connection with a years-long real estate dispute.A local property owner, Honarkar…
Sonoma real estate developer Ken Mattson, shown in 2019, is accused of defrauding investors out of millions of dollars. Robbi Pengelly/Sonoma Index-TribuneA Sonoma County real estate investor…