More than HK$9.6 million held in company bank accounts was targeted in a sophisticated e-mail scam that tricked 13 people into revealing the code generated by personal security devices banks issue for customers to conduct transactions online, police say.Thursday, 9 May, 2013, 5:45am
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
Deutsche Bank, JP Morgan Chase, UBS and Depfa Bank have been convicted by a judge in Milan for their role in overseeing fraud by their bankers in the sale of derivatives to the city.
Judge Oscar Magi yesterday ordered that about €90 million (HK$926 million) of assets be seized from the banks and that the firms pay sanctions of €1 million each. He also convicted nine bankers of fraud.20 Dec 2012 - 3:19am
The director of the supply and market co-operative in Lixin county, Haozhou, was ridiculed online after his portrait appeared on "anti-fake" labels on firecrackers, the Southern Metropolis Daily reports.19 Dec 2012 - 3:18am
Every morning, from his desk by the bathroom at the far end of Royal Bank of Scotland Group's trading floor overlooking London's Liverpool Street station, Paul White punched a series of numbers into his computer.15 Dec 2012 - 3:12am
The Beijing Municipal Health Bureau aims to survey 130,000 residents over the age of 45 by March to determine their risk of having a stroke, the capital's third leading cause of death, the Beijing Daily reports.17 Nov 2012 - 5:00am
Some of you may remember the sci-fi movie Minority Report, starring Tom Cruise as a police officer in the year 2054 who apprehends criminals based on foreknowledge provided by psychics - that is, he arrests potential criminals before they have committed a crime. This may be wishful thinking. Or is it?15 Oct 2012 - 1:53am
Eight foreign visitors were arrested yesterday on suspicion of trying to cheat Nanyang Commercial Bank in Central with two suspected bogus cashier’s orders with a combined face value of US$4 billion.
The eight men – a 68-year-old Australian, a Singaporean, four Indonesians and two from Brunei – were arrested on suspicion of uttering forged documents.6 Sep 2012 - 6:20pm
A Hong Kong-based businessman and his wife were jailed for 61/2 years yesterday for laundering funds embezzled from China's largest state-owned bank.20 Jan 2007 - 12:00am