Corporate Fraud
- Canadian prosecutors say case against Huawei CFO is about fraud, not sanctionsMeng's legal team argued in November that the Huawei chief financial officer could not be extradited to the United States because her alleged conduct was not illegal in Canada. Canada did not have sanctions against Iran at the time Canadian officials authorized commencing with the extradition, her lawyers said. Meng, 47, was arrested at the…
- Former Barclays banker ordered out of bed after 2008 heart attack to help save bankLONDON, Jan 9- A senior former Barclays banker told a London fraud trial on Thursday that he was ordered out of bed after a heart attack to help save the lender at the height of the credit crisis. But prosecutors for the UK Serious Fraud Office allege the three men lied to the market and…
- REFILE-UPDATE 3-Tesco suspends Chinese supplier after suspected prisoner messageTesco, Britain's biggest retailer, donates 300,000 pounds a year from the sale of the cards to the charities British Heart Foundation, Cancer Research UK and Diabetes UK. "Use the link to contact Mr Peter Humphrey." Peter Humphrey is a British former journalist and corporate fraud investigator.
- UPDATE 2-Tesco suspends Chinese supplier after prisoner labor reportTesco, Britain's biggest retailer, donates 300,000 pounds a year from the sale of the cards to the charities British Heart Foundation, Cancer Research UK and Diabetes UK. "Use the link to contact Mr Peter Humphrey." Peter Humphrey is a British former journalist and corporate fraud investigator.
- UPDATE 3-Canada's SNC-Lavalin settles Libya bribery case that shook Trudeau governmentMONTREAL/ OTTAWA Dec 18- A division of SNC-Lavalin Group Inc pleaded guilty to fraud and will pay a C $280 million fine, the company said on Wednesday, in a case related to projects in Libya that engulfed Canadian Prime Minister Justin Trudeau's government in crisis. SNC-Lavalin Construction pleaded guilty to one fraud charge. Federal prosecutor…
- UPDATE 2-Canada's SNC-Lavalin unit pleads guilty to fraud charge in Libya caseMONTREAL, Dec 18- A division of SNC-Lavalin Group Inc pleaded guilty to one fraud charge and will pay a C $280 million fine related to projects in Libya, the company said on Wednesday, in a case that engulfed Canadian Prime Minister Justin Trudeau's government in crisis. As part of the settlement, all charges against SNC-Lavalin…
Ecommerce Fraud
New England College of Optometry implements contact-tracing wearables to boost COVID-response and enable in-person learning newThe New England College of Optometry (NECO) formed a COVID-19 Task Force and began exploring ideas to enable in-person learning at the school in a safe, effective and well-planned manner. One of the solutions that NECO implemented is a contact-tracing tool that allows the school to respond immediately to report of an infection, accurately and…
The process of future-proofing a secured entrance post-pandemic newFrom the initial secured entrance to the overarching access control system, the emphasis is currently on contactless access control and door entry solutions. A myriad of technologies from NFC and smart mobile devices to facial biometrics will help play a vital role in what are now COVID-driven essentials. An integrated strategy for access control, along with…
Mitigating risk with perimeter protection newKeeping unauthorized intruders from entering a business location is a critical part of protecting corporate assets. Perimeters are the first line of defense but do not conform to a ‘one-size-fits-all’ safeguarding solution. Selection criteria for the most suitable Perimeter Intrusion Detection System (PIDS) must take into consideration perimeter length, topography, environmental conditions, and future site…
Educational organizations are hit by phishing attacks targeting cloud data more than any other vertical newAccording to new data, the educational sector is being hit by phishing attacks (along with other types of cyberattacks) more than other verticals.
Study shows 40% of lone rotational workers experience suicidal thoughts newA global report from the International SOS Foundation and Affinity Health at Work, ‘Mental Health and the Remote Rotational Workforce’ provides in depth insight into the psychological impacts of this unique mode of working. The new study provides evidence of the high level of suicidal thoughts, clinical depression, impacts on physical health (such as diet) and the…
Luxury car rental company Midway Car Rental needed a proactive security solution for its 15+ locations newMidway Car Rental, the largest privately-owned car rental company in Southern California, turned to robots for much-needed security that would protect its vehicles, while ensuring safety of employees and clients.
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