by Fraud Services | Jan 26, 2025 | fraud
A Landmark Year for Fraud Enforcement The US Department of Justice (DOJ) announced a staggering $2.9 billion in recoveries for 2024 under the False Claims Act (FCA). This marks one of the most significant years in the history of the FCA, a critical tool in combating...
by Fraud Services | Jan 25, 2025 | fraud
Three individuals involved in a large-scale, Nigerian-based fraud conspiracy have been sentenced, marking a significant step in the fight against international financial crime. The case involved millions of dollars in fraudulent schemes, highlighting the global reach...
by Fraud Services | Jan 25, 2025 | fraud
Background of the Incident Mitsubishi Corporation, one of Japan’s largest trading houses, has temporarily suspended its metal trading operations in China following suspicions of a significant copper fraud. The company has initiated an internal investigation to...
by Fraud Services | Jan 25, 2025 | fraud
The Rise of Myanmar’s Notorious Scam Hub In recent years, Myanmar has become synonymous with a sprawling, illicit industry that has earned the nickname “Scam City.” This hub, primarily located in the country’s border regions, has become a global epicentre for...
by Fraud Services | Jan 24, 2025 | fraud
The Shocking Case of Tyler Gore Tyler Gore, a woman who previously made headlines for defrauding Paramount Pictures by forging a $4 million contract, has admitted to committing yet another fraud while awaiting sentencing for her initial crime. This brazen act has...
by Fraud Services | Jan 23, 2025 | fraud
Regulatory Action Highlights Growing Concerns Over Peer-to-Peer Payment Fraud The Consumer Financial Protection Bureau (CFPB) has taken legal action against several major U.S. banks, alleging they failed to protect consumers from fraud on the Zelle payment platform...
