Beijing has come under fresh pressure to get tougher with its long-time ally Pyongyang following reports that bank accounts holding slush funds belonging to North Korean leader Kim Jong-un have been found in Shanghai and other Chinese cities.Wednesday, 13 March, 2013, 12:04pm 1 comment
UK taxpayers with bank accounts in Switzerland will have to disclose their account details or be taxed up to 41 per cent of their balance under a deal between the two countries. The UK-Swiss Confederation Taxation Cooperation Agreement, which was signed in 2011 takes effect this year and is designed to crack down on tax evasion.25 Feb 2013 - 5:27am
There are three broad categories of people who are denied banking services. They include domestic helpers, the very poor, and people from South Asia.18 Feb 2013 - 12:28pm
A jump in the number of fraudulent financial transactions - the highest in five years - suggests criminals are using more complicated methods to cover their tracks, the city's graft buster says.31 Dec 2012 - 5:35am
A former village head jailed after one of the city's largest cocaine busts showed neighbours piles of cash he claimed to have won on horse races, his wife's trial on money-laundering charges heard yesterday,11 Nov 2011 - 12:00am
Beware of random calls informing you that you have hit the jackpot. They may be a fraud.
The police Commercial Crime Bureau yesterday said it had received 1,499 reports of lottery swindles in the past 2 1/2 years, involving losses of about HK$181 million.4 Sep 2010 - 12:00am
Mainland and Taiwanese police have launched their biggest crackdown on the growing problem of cross-strait telephone scams, which have seen people across the mainland lose millions of yuan.22 Jun 2010 - 12:00am
Three victims lost more than HK$6.6 million after falling for an e-mail scam that promised them a financial windfall, a court heard yesterday.
District Court Deputy Judge Adriana Tse sentenced two young Indian men to 40 months in jail after they admitted taking part in handling the proceeds of the deception by opening two bank accounts in Hong Kong.1 Sep 2006 - 12:00am
Some of you may be confused by the difference between 'how much' and 'how many'. They seem to mean the same thing. 'HOW MUCH money have you got in the bank?' and 'HOW MANY bank accounts do you have?'14 Oct 2004 - 12:00am
A man and two women who allegedly laundered $400 million in proceeds from illegal bookmaking activities in Macau through bank accounts in Hong Kong have been arrested after an investigation.19 Nov 2003 - 12:00am
Ten members of an alleged bank fraud syndicate appeared in Eastern Court yesterday accused of attempting to drain about $2.9 million from the bank accounts of two companies by using fake documents. No pleas were entered by the eight men and two women, arrested by police in a sweep targeting a gang that allegedly stole over $20 million. Magistrate Ian Candy adjourned the case to December 27.29 Nov 2002 - 12:00am
Money is a very important issue when it comes to making new friends. How soon do you try to find out how much people have in their bank accounts? a) You'd wait at least a few months.
b) Within the first five minutes.
c) Money is not the most important thing to me.
(Correct answer is b) Eve magazine's September quiz.17 Sep 1995 - 12:00am
HONG KONG investors are increasingly turning to bonds as an alternative to jittery stock markets and bank accounts that offer returns that are easily outpaced by inflation.
But experts say bonds are one of the least-understood asset classes available to local investors.27 Mar 1995 - 12:00am