Corporate Fraud
- India watchdog links over $500 mln Bhushan Power assets to fraud probeNEW DELHI, Oct 12- India's financial fraud agency said on Saturday assets worth 40.25 billion rupees of Bhushan Power& Steel Limited were connected with a money-laundering probe, a move that could scupper the debt-ridden firm's sale to JSW Steel Ltd.. The Enforcement Directorate said on Twitter that Bhushan Power's land, building, plant and machinery were...
- London court rules in favor of U.S. banker in Yukos caseBob Foresman faced a civil fraud lawsuit filed by Yukos' former managers that alleged the American banker, then vice president of Moscow investment bank Renaissance Capital, conspired with Russian state officials to pre-agree the sale of Yukos Finance BV to a consortium of foreign investors at a fixed price range. Lawyers for the former Yukos…
- London court rules in favour of U.S. banker in Yukos caseBob Foresman faced a civil fraud lawsuit filed by Yukos' former managers that alleged the American banker, then vice president of Moscow investment bank Renaissance Capital, conspired with Russian state officials to pre-agree the sale of Yukos Finance BV to a consortium of foreign investors at a fixed price range. Lawyers for the former Yukos…
- Italian prosecutors seek trial for BT Italy, former execs in fraud caseMILAN, Oct 8- Milan prosecutors investigating an accounting scandal at the Italian unit of British Telecom have asked for the unit and 23 defendants, including three former top executives, to be sent to trial, three people with knowledge of the case said on Tuesday. The sources said the document filed by prosecutors, requesting a Milan…
- Former top Barclays bankers face fraud trial over 2008 Qatar rescue*Roger Jenkins, Tom Kalaris, Richard Boath face London jury. LONDON, Oct 4- Three former Barclays executives face a London jury in a high-profile criminal trial over how the British bank secured billions of pounds from Qatari investors and averted a taxpayer-funded bailout during the global financial crises in 2008.. Roger Jenkins, a former chairman of...
- UPDATE 3-Judge orders Marex to pay most of $32 mln metals fraud billLONDON, Oct 2- Glencore warehouse unit Access World was mostly to blame for $32 million of losses from a complex metals fraud, but broker Marex Spectron will have pay most of the bill to French bank Natixis, a UK judge ruled on Wednesday. Access World failed to quickly identify fake receipts for nickel stored at…
Ecommerce Fraud
Insider Threat: How to Properly Govern Identities & Identify Nefarious Actors newCybersecurity threats now come in many different forms. From ransomware and malware to phishing — the list of ways into an organization’s sensitive underbelly is growing.
U.S. Firearms Sales Increase 10 Percent in September 2019 newThe Small Arms Analytics & Forecasting (SAAF) estimates September 2019 U.S. firearms sales at 1,064,579 units, a year-over-year increase of 10.7 percent from September 2018. 
Calif. Governor Signs Bill Requiring Background Checks for Professional Visitation Monitors newCalifornia Governor Gavin Newsom signed Assembly Bill 1165 into law, which is sponsored by children's advocacy nonprofit, Change for Justice. The new law requires professional visitation monitors to have background checks and enhanced in-person training.
Greenville, S.C. Police Department to Invest in Body Cameras newGreenville, S.C. Mayor Knox White and city council members have allocated $100,000 in funds to the Greenville Police Department for body cameras. 
Windows® 7 is Becoming Even Riskier, Malware up by 71 Percent newA new report -- Webroot® Threat Report: Mid-Year Update -- has found that one in 50 URLs are malicious, nearly one-third of phishing sites use HTTPS and Windows® 7 and exploits have grown 75 percent since January 2019. 
Feeding the Growing Appetite for Video Surveillance Data newHistorically, storage has been a challenge for video system designers and installers, with requirements rising along with camera resolutions. The addition of big data, the Internet of Things (IoT), integrated systems and IT applications to the mix have multiplied storage needs exponentially.
Online Fraud
Man tricks online scammer into sending him money, gives it to charityIrish student Ross Walsh found a way to turn the tables on a man who asked him for £1,000 in an emailed "business proposal."
Fraudsters preying on Telus customers impacted by major email outageA B.C. woman wants to warn others after she almost fell victim to a fraudster impersonating a Telus employee after the recent email outage.
Scams
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