Tag: CorporateCrime

Fourteen years after the fact, the HSBC Mexican drug-cartel money-laundering case still defines a fault line in global banking. The numbers are stark. Billions

Eight years ago this month, HSBC was staring into the abyss of a regulatory meltdown in India. Loan-fraud exposure had surfaced. The Reserve Bank of India moved

It's been about 10 years since HSBC was caught up in the foreign-exchange manipulation cases, a scandal that would go on to reveal widespread collusion...

Ten years ago this month, Bloomberg News broke a story that would shatter public trust in the global currency markets. The report, published in June 2013, descr

Luxembourg registered it. Karachi and London housed its head offices. By the 1980s, the Bank of Credit and Commerce International had 400 branches across 78 cou

It's been about 4 years since HSBC was caught in the crosshairs of the Australian regulator, the Australian Securities and Investments Commission (ASIC), over hawking...

A U.S. federal jury has ordered Boeing to pay $28.45 million in damages to the family of Shikha Garg, a victim of the 2019 Ethiopian Airlines 737 MAX crash, mar

The math behind the FTX collapse is staggering. Alameda Research owed $10 billion to FTX. That single figure, reported by the Wall Street Journal in November 20

On May 9, 2024, the Malaysian Anti-Corruption Commission (MACC) confirmed that it was investigating former Malaysian Prime Minister Mahathir Mohamad over allegations of corruption linked…

Europe, April 19, 2024 — cyberinktimes.com — EUROPE, 19 April, 2024 Eurojust has collaborated with national authorities throughout Europe to combat a significant fraud...

A federal judge in Brooklyn sentenced Canadian-born conman Patrice Runner to 10 years in prison on 19 April 2024 for running a $175 million psychic-mail…

For two and a half years, a promise of easy money from cannabis plants that never existed pulled in victims across Europe. The pitch was simple: invest as littl

Five and a half years. That is the prison term a Vatican court handed down on December 16, 2023, to Cardinal Giovanni Angelo Becciu. The sentence also includes

The Mechanics of a Collapse: Inside the MAA-KNM Allegations The documents landed in newsrooms on 19 June 2023. They describe a deal that was already done — a S

Kuala Lumpur, Malaysia, August 14, 2023 — cyberinktimes.com — 26 June 2023 - Kuala Lumpur, Malaysia; In an explosive development that has sent shockwaves...

June 7, 2023 — cyberinktimes.com — Perak malaysia - In a revelation that has sent shockwaves through Malaysia's corporate sector, recent allegations surrounding market...

On April 21, 2023, Türkiye Halk Bankası, commonly known as Halkbank, stands as a significant financial institution in Turkey, with a history dating back to...

As of January 31, 2023, the Adani Group, an Indian multinational conglomerate, continues to be a subject of interest due to its diverse business portfolio...

On January 27, 2023, Hindenburg Research LLC remains a prominent U.S. investment research firm, founded by Nathan Anderson in 2017, with a distinct focus on...

The lives of countless individuals in Malaysia have been impacted by a shocking revelation involving YHN Property Bhd, a company listed on the Kuala Lumpur...

The missing €1.9 billion was roughly a quarter of Wirecard’s entire balance sheet. That single number, buried in an insolvency filing on June 25, 2020, unmade a

For 166 years, Credit Suisse held itself above the kind of scandal that now defines it. Founded in 1856 to bankroll Switzerland's railways, the institution grew

It took just one branch in Madrid to drag the world’s largest bank into a Spanish criminal court. The Industrial and Commercial Bank of China, a behemoth that h

On October 22, 2020, it was reported that Goldman Sachs had agreed to a $2.9 billion U.S. deferred prosecution over its involvement in the 1MDB...