Online banking system hacked in Kazakhstan
The online banking system has been hacked in Kazakhstan. Hackers arrested.
Kazakhstan prohibits Ponzi schemes
The new legislation introduces 7-12-year-long prison terms for those arranging Ponzi schemes and bans advertising of such schemes.
New York cops among 106 accused over 9/11 fraud
Former New York police officers and firefighters were among 106 people indicted Tuesday over a "massive fraud" worth hundreds of millions of dollars, some in connection with the September 11 attacks.
Six countries sign US pacts in fight against tax fraud
The United States has signed anti-tax fraud pacts with six countries and territories including some considered tax havens, the US Treasury Department said Thursday.
London's High Court sentences Ablyazov’s brother-in-law to 22 months in prison
London's High Court has sentenced Salim Shalabayev, brother of Mukhtar Ablyazov wife Alma Shalabayeva, to 22 months in prison for contempt of court.
Aktau tablet plant plays off Chinese devises as Kazakhstan-made
Aktau-based tablets-producing plant has been buying Chinese devices and passing them off as Kazakhstan-made.
16 Kazakhstan citizens accused of major fraud in US
Four criminal cases have been initiated over the fraud. The cases involve the total of 55 people.
Berlusconi's party MPs threaten mass resignation if he is expelled
Lawmakers from Silvio Berlusconi's party threatened late Wednesday to resign en bloc if a senate committee votes to oust the former prime minister from parliament over a tax fraud conviction.
China details charges against foreign fraud investigators
Chinese state television put two foreign fraud investigators on display Tuesday as police announced they had been charged with illegally obtaining personal information.
Suspects arraigned in US over global penny-stock fraud
Six people appeared in US federal courts on Wednesday in connection with what American officials are calling one of the biggest international penny stock frauds ever investigated.
US sues Bank of America for fraud over mortgage bonds
The US government on Tuesday sued Bank of America for defrauding investors in the sale of $850 million in mortgage-backed securities ahead of the housing bust.
Ablyazov may be jailed for 12 years in Ukraine
Kazakhstan's ex-banker Mukhtar Ablyazov may be sentenced to 5 to 12 years in jail in Ukraine where he is accused of fraud.
Italy's Berlusconi loses final appeal in landmark case
Italy's ex-leader Silvio Berlusconi has lost his final appeal against a tax fraud sentence in a ruling that jolted the political establishment on Friday but left the government in place for now.
Berlusconi's fate in the balance in key trial hearings
Italy's top court begins crucial hearings for former prime minister Silvio Berlusconi on Tuesday that will decide whether to confirm a one-year prison sentence and a five-year ban from politics.
Russia finds dead lawyer guilty of tax fraud
A Moscow court on Thursday convicted Russian lawyer Sergei Magnitsky of tax evasion, provoking fresh outrage more than three years after his prison death.
US cuts prison term of disgraced Enron CEO Skilling
A US judge cut 10 years off the prison sentence of disgraced former Enron chief executive Jeff Skilling on Friday after he spent years fighting his original 24-year jail term for fraud.
Global cybercrime ring targeted by Microsoft and FBI
Microsoft on Wednesday said it teamed with the FBI to disrupt armies of hacked computers used to commit more than a half-billion dollars in financial fraud around the world.
France blacklists 17 countries for handling foreign aid
France has drawn up a blacklist of 17 countries including Switzerland that do not help investigate foreign aid fraud, banning the use of their banks to help distribute development funds.
Anwar says only fraud can stop Malaysia opposition
Anwar Ibrahim said only fraud can stop his Malaysian opposition from scoring a historic election win as the rival sides launched a last-ditch campaign blitz Saturday on the eve of a tense vote.
UK launches investigation over ENRC
Great Britain's Serious Fraud Office started an official investigation over Eurasian Natural Resources Corporation.
