embezzlement

China’s P2P Crackdown Nets 62 Arrests, $1.5B Seized
China’s P2P Crackdown Nets 62 Arrests, $1.5B Seized
February 18, 2019  |  Security & Fraud

China’s Operation Fox Hunt has led to the arrest of 62 Chinese nationals abroad and the seizure of 10 billion yuan ($1.5 billion) in assets from...

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Corporate ePayments Still At Risk For Employee Embezzlement
Corporate ePayments Still At Risk For Employee Embezzlement
November 30, 2018  |  B2B Payments

A new report from specialist insurer Hiscox recently revealed an unsettling trend about employee fraud and embezzlement: Most of the time, the scam involves two...

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Goldman Sued Over 1MBD Scandal
Goldman Sued Over 1MBD Scandal
November 21, 2018  |  Security & Fraud

Goldman Sachs is being sued by an Abu Dhabi sovereign wealth fund over what is being termed the Malaysian 1MDB scandal. The suit was filed...

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UK Finance: Invoice Fraud A Threat To Business
UK Finance: Invoice Fraud A Threat To Business
September 28, 2018  |  B2B Payments

Invoice fraud looms as a threat to businesses in the U.K., contends UK Finance, with thousands of fraud cases and tens of millions of pounds...

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Former Head Of Vatican Bank Head Embezzlement Trial Underway
Former Head Of Vatican Bank Head Embezzlement Trial Underway
May 11, 2018  |  Regulation

The former head of the Vatican bank is answering tough charges of money laundering and embezzlement, according to news from Reuters. Angelo Caloia, 79, is...

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Ex-Vatican Bank President, Lawyer Charged With Embezzlement
Ex-Vatican Bank President, Lawyer Charged With Embezzlement
March 05, 2018  |  Security & Fraud

Angelo Caloia, the former president of the Vatican bank (also known as the IOR), and his Italian lawyer, Gabriele Liuzzo, have been indicted by prosecutors...

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Mt. Gox Ex-CEO Denies Embezzlement As Trial Begins In Tokyo
Mt. Gox Ex-CEO Denies Embezzlement As Trial Begins In Tokyo
July 11, 2017  |  Bitcoin

Mark Karpeles, a 32-year-old French national, has officially pleaded not guilty in Tokyo District Court to the charges of embezzlement and data manipulation he faces in...

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