Daily financial-crime intelligence · Updated 28 Sep 2026, 23:02 UTC
Money laundering
According to ICIJ's 'China Capital' investigation based on 4.8 million confidential ICBC records, the Industrial and Commercial Bank of China allegedly used its London operations to serve firms linked to sanctioned Russian and Belarusian owners while pursuing Chinese state objectives.
Money laundering
Five Chinese nationals faced judicial examination on September 10, 2026, for organizing an elaborate VAT fraud and money laundering scheme targeting the French tax authorities. Prosecutors allege they orchestrated organized fraud involving approximately €52 million.
Money laundering
Five Chinese nationals face examination in Paris on charges of organizing a sophisticated VAT fraud scheme involving organized fraud, tax fraud, and organized money laundering.
Sanctions
Norway's National Criminal Investigation Service (Kripos) and the PST security service announced they are investigating Telenor on suspicion that the telecoms operator aided and abetted crimes against humanity in Myanmar following the 2021 military coup.
Money laundering
Based on 4.8 million confidential ICBC files, ICIJ and 23 media partners report that the Industrial and Commercial Bank of China allegedly used its London operations to finance companies linked to sanctioned Russian and Belarusian business owners, autocrats publicly accused of corruption, and…
Edwin Omokhuale, 39, was arrested at Dublin Airport on 10 September 2026 while attempting to board a flight to Paris.
Money laundering
Edwin Omokhuale, 39, was arrested by An Garda Síochána at Dublin Airport as he was preparing to board a flight to Paris.
Securities & markets
Hong Kong's Securities and Futures Commission directed the suspension of trading in Cloudbreak Pharma shares on September 10, 2026. According to the SFC, it has 'serious concerns that Cloudbreak's initial public offering may have been rigged to create an artificial impression of demand.'
The U.S. Department of Justice's Scam Center Strike Force announced coordinated enforcement actions against Xinbi Guarantee, a Chinese-language illicit marketplace run on Telegram at the center of Southeast Asia's cyber scam economy.
Money laundering
The European Chief Prosecutor Laura Kövesi and China's Chief Grand Prosecutor Ying Yong signed a working arrangement between the EPPO and the Supreme People's Procuratorate of the People's Republic of China on 4 September 2026.
Fraud & scams
An alleged crypto theft network led by 22-year-old Malone Lam (Singapore national) is charged in connection with the theft of over 4,100 bitcoin worth approximately $240 million from a Washington, D.C. resident in August 2024.
According to a Wall Street Journal investigation, Russia has established a sanctions-circumvention operation through Maldives airport. Western goods worth hundreds of millions of dollars flow through Malé airport, including electronics and dual-use aviation components.
Money laundering
An ICIJ investigation based on Tether financial records from 2019-2020 found that the stablecoin company sold USDT tokens to customers who were later sanctioned or charged with financial crimes. Among them: Nikita Krasnov, who purchased approximately $1.
Money laundering
The European Public Prosecutor's Office conducted a public auction in France that generated €1,853,800 from over 10,000 seized e-bikes and e-scooters confiscated during Operation Calypso.
Sanctions
The Hong Kong Securities and Futures Commission has revoked the licence of Ernest Chan Tsz Kin, a former responsible officer of Keptain Securities and Asset Management Limited, and banned him from re-entering the industry for 10 years, effective 24 August 2026 to 23 August 2036.
According to AUSTRAC, the agency's financial intelligence supported a Multi Agency Strike Team (MAST) operation that allegedly dismantled a criminal network involved in the importation and distribution of illicit tobacco and vapes across Australia. Seven people were reportedly arrested.
According to AUSTRAC, a joint analysis of data from 10 major Australian banks identified potentially hundreds of millions of dollars in suspected fraudulent loans, mostly linked to properties in Sydney.
Fraud & scams
Pakistan's Interior Ministry decided to expel 284 foreign nationals involved in online fraud operations. The Ministry cancelled visas for 284 arrested foreigners and issued them 15-day one-time exit permits.
Hong Kong's Independent Commission Against Corruption (ICAC) has charged Tong Ka-lei, a former manager in the SFC's Enforcement Division, with 12 counts of obtaining access to a computer with a view to dishonest gain, according to the ICAC.
On August 15, 2026, Russia's drone sector faced corruption allegations when directors of Drone Solutions—Irakli Khazalia and Vyacheslav Barbarov—faced charges of fraud carrying sentences up to 10 years imprisonment.
Sanctions
The Hong Kong Securities and Futures Commission (SFC) obtained a 6-year disqualification order from the Hong Kong Court against Tian Songlin, a former executive director of Hong Kong-listed National United Resources, for breach of fiduciary duties in connection with $75 million in fictitious transactions, according to SFC proceedings.
Bribery & corruption
An employee of Industrial and Commercial Bank of China Ltd. (ICBC) internet finance department, Zhang Hangyu, was detained by Chinese authorities for investigation.
Bribery & corruption
A Chinese court sentenced Long Xiang, former chairman of the Standing Committee of the Nanjing Municipal People's Congress, to death with a two-year reprieve for receiving 261 million yuan (approximately $39 million) in bribes. Long was also convicted of embezzling 12 million yuan ($1.
Money laundering
According to multiple reports, the Australian Transaction Reports and Analysis Centre (AUSTRAC) suspended crypto ATM operator Cryptolink Pty Ltd for three months effective August 9, 2026, forcing 96 machines offline.
Fraud & scams
At the request of the European Public Prosecutor's Office in Venice, a judge for preliminary investigations at the Court of Milan issued a house arrest order against a Chinese couple suspected of managing and operating multiple companies to execute a VAT carousel fraud scheme.
The United States imposed sanctions on five Cuban entities and eight individuals allegedly facilitating Cuba's acquisition of weapons and maintaining foreign military relationships with China and Russia.
Trafficking
According to ICIJ and The Indian Express, India's Ministry of Health ordered cancer drug manufacturers to add QR codes or barcodes to packaging by July 2027, following a joint investigation into alleged counterfeit Keytruda operations.
Securities & markets
According to the Securities and Futures Commission of Hong Kong, the SFC reprimanded and fined Luk Fook Securities (HK) Limited HKD 2.1 million for inadequate cybersecurity controls that resulted in a 2022 ransomware attack and approximately three weeks to fully recover systems.
Fraud & scams
The Hong Kong Securities and Futures Commission reprimanded and fined Victory Securities Company Limited HK$1.
Fraud & scams
UK Serious Fraud Office prosecutors allege that Güralp Systems, the seismic testing company, has breached the terms of its 2019 deferred prosecution agreement over South Korean bribery charges, citing deteriorating standards of compliance and poor bribery controls.
China's Central Commission for Discipline Inspection and National Commission of Supervision announced an investigation into Fang Xinghai, a former vice chairman of the China Securities Regulatory Commission (CSRC), over suspected 'serious violations of discipline and law.'
Bribery & corruption
Asharq Al-Awsat reports conflicting accounts over whether an arrest warrant has been issued for former Iraqi Labour and Social Affairs Minister Ahmad al-Asadi in connection with corruption suspicions, a matter the paper says is straining the ruling Coordination Framework.
Money laundering
Zhuoying Chen, 27, of Brooklyn, New York, and Haojie Zhang, 38, of Queens, New York, made their initial appearance on charges of conspiracy to launder money derived from cyber investment fraud scams.
Other
Bellingcat investigation reveals connections between Jitendra Maharaj, a Christchurch-based cryptocurrency entrepreneur and former pilot, and LeakedBB—a forum facilitating non-consensual intimate image sharing.
Other
John Harold Rogers, 64, a former senior adviser for the Federal Reserve Board of Governors, was sentenced to 38 months in federal prison for making false statements to federal investigators about sharing restricted Federal Reserve information with Chinese intelligence operatives, according to the Department of Justice.
Other
New York Packaging II LLC (doing business as Redi-Bag USA) and CEO Jeffrey Rabiea agreed to pay $7.3 million to settle allegations that they violated the False Claims Act by knowingly misrepresenting the country of origin of polyethylene retail carrier bags on customs forms.
Bribery & corruption
China's Communist Party expelled former Politburo member Ma Xingrui on corruption charges. The investigation found that 'Ma provided advantages to certain individuals in public office selection processes and arranged affairs improperly for others,' according to party authorities.
Bribery & corruption
Febrie Adriansyah, 58, who served as the prosecutor overseeing special crimes, resigned after police raids on 12 locations discovered 74 kilograms of gold bars and approximately $20 million in cash in multiple currencies.
According to a New York Times investigation based on interviews with five current and former Western intelligence officials, Russia has allegedly established a sanctions evasion network acquiring Japanese military technologies through third countries.
The New York Times investigation found that Russia's GRU 20th Directorate operates a technology procurement operation in Japan run by Maksim Filchenkov, 49, posing as an Aeroflot employee in Tokyo.
Money laundering
The National Anti-Corruption Bureau of Ukraine (NABU) announced a new suspicion against a former executive director for physical protection at Energoatom, referred to as 'Tenor' in case materials, for allegedly laundering over UAH 30 million ($674,000) obtained through a corruption scheme called 'Shlagbaum,' according to NABU.
Money laundering
Guo Wengui (also known as Miles Guo or Ho Wan Kwok) ran a scheme that defrauded over 1 billion dollars from thousands of investors through false promises of investment in companies including the media platform GTV and cryptocurrency platform Himalaya Exchange.
Money laundering
Yang Youlin, a former vice director of an economic zone in Nanjing, was sentenced to death by Changzhou Intermediate People's Court for accepting more than 2.2 billion yuan (approximately $324 million) in bribes between 1993 and 2023.
Money laundering
Singaporean prosecutors filed additional charges including money laundering against Alan Wei Zhaolun in an AI server fraud case, alleging he and other Aperia Group executives defrauded Dell Technologies, Super Micro Computer, and Asustek Computer by misrepresenting end-users of hardware containing restricted Nvidia AI processors subject to U.
Money laundering
A court in Jiangsu province, China, sentenced Yang Youlin, a former municipal official, to death for accepting bribes exceeding 2.214 billion yuan (308.7 million dollars) between 1993 and 2023.
Estonian courts released judgments on 6 July 2026 detailing 5 convictions across 3 cases for sanctions breaches related to Russia.
Yang Youlin, a former vice director of an economic zone in the eastern city of Nanjing, was sentenced to death on Monday, July 6, 2026, for taking more than 2.21 billion yuan ($325 million) of bribes between 2013 and 2023.
Other
A Dutch national and a 40-year-old Venezuelan national allege they were kidnapped, held captive for several days, sexually assaulted, and forced to transfer approximately $17,000 in cryptocurrency after being lured to Lahore under the pretext of a business meeting following a cryptocurrency conference in Singapore.
Money laundering
Wenshen Xu, 52, a Honduras-based Chinese national extradited from Guatemala, pleaded guilty to conspiring to import cocaine into the United States, conspiring to launder money derived from drug trafficking, and providing material support to Cártel de Jalisco Nueva Generación (CJNG).
Sanctions
New Zealand and Australian authorities conducted coordinated raids in Auckland, Christchurch, and Melbourne in late June 2026, with search warrants first executed on June 22 and additional warrants carried out in Christchurch the following week, coordinated with simultaneous raids in Melbourne by Australian Border Force and Australian Federal Police.
Money laundering
On June 23, 2026, the DOJ announced the seizure of a cloud computing account used by subsidiaries of the Cambodia-based Huione Group, which allegedly assisted individuals and organizations in transferring billions of dollars in proceeds from cryptocurrency investment frauds and cyber scams.
Fraud & scams
DOJ announced 2026 National Health Care Fraud Takedown charging 455 defendants, including 90 licensed medical professionals, for their alleged participation in health care fraud and opioid abuse schemes involving over $6.5 billion in false claims. Cases spanned 56 federal districts and 45 states.
Sanctions
US Treasury sanctioned Jiangsu Bangdeya New Material Technology Co., LTD, a Chinese company, for offering illicit substances for sale, including fentanyl and protonitazene.
Sanctions
UK detained sanctioned Russian oil tanker SMYRTOS in English Channel on June 14, 2026, marking Britain's first operation against sanctioned Russian vessel in its own waters.
Other
BaFin prohibited Equity Research Ventures PTE. LTD. (operating as 'AlleAktien'), claiming to be based in Singapore, from publicly offering a capital investment product called 'Co-Investment AlleAktien Wealth x SpaceX' in Germany.
On June 11, 2026, a Brussels court sentenced three men for operating a criminal organisation to circumvent EU sanctions by exporting restricted goods to Russia through intermediary countries.
Australia imposed counter-terrorism financing sanctions on three individuals linked to the terrorist organisations Hamas and Palestinian Islamic Jihad.
Fraud & scams
A Chinese national pled guilty on June 5, 2026, in D.C. federal court to conspiracy to defraud the U.S. in a sanctions evasion scheme involving North Korean tobacco smuggling, ending a case that had seen two mistrials. The case is part of broader U.S.
Bribery & corruption
Indonesia's KPK arrested Deputy Immigration Minister Silmy Karim and 16 others in a major corruption case involving alleged extortion of foreign nationals seeking residency permits. Investigators allege the suspects collected at least Rp 145.
Fraud & scams
Singapore's Anti-Scam Centre partnered with cryptocurrency exchanges including Coinbase, Gemini, and OKX to prevent over $4.2 million in potential losses across government impersonation, investment, job, and romance scams.
On May 26-27, 2026, Federal Court of Australia imposed civil penalties of $50,000 against Castra Licensee Pty Ltd and $45,000 against Princeton Securities (NSW) Pty Ltd after they failed to pay infringement notices issued by AUSTRAC in September 2024 for alleged breaches of the AML/CTF Act.
Fraud & scams
The World Bank imposed an 18-month debarment on China National Technical Import & Export Corporation (CNTIC), a Beijing-based state-owned enterprise, for fraudulent practices affecting three energy infrastructure projects in Pakistan, Bangladesh, and Maldives.
Xie Jianfeng, General Manager of Finance at Sasseur-related company, was convicted and fined S$200,000 on May 19, 2026 for insider trading.
MAS revoked Major Payment Institution Licence of Bsquared Technology (BSQ) effective May 14, 2026. BSQ no longer permitted to provide digital payment token services in Singapore. MAS found BSQ provided false or misleading information to regulator on multiple occasions.
MAS imposed S$40,000 composition fine on Havenport Investments Pte Ltd (HIPL) for regulatory breaches including failure to maintain adequate risk management framework, breaching base capital requirement, and failing to report non-compliance to MAS.
Fraud & scams
Perfectus Aluminum Inc., Perfectus Aluminum Acquisitions LLC, and four affiliated warehousing companies agreed to pay $549.5 million to resolve allegations that they knowingly evaded antidumping and countervailing duties on aluminum extrusions imported from China between July 2011 and June 2014.
Money laundering
OCCRP investigation revealed Worldclear, tiny New Zealand payment firm, transferred hundreds of millions for high-risk clients including wire fraud fugitives, tax fraud convicts, and Belarusian oligarch.
Australian regulator AUSTRAC expressed serious concerns about Tabcorp's money laundering and terrorism financing risk management controls, commenced enforcement investigation. Focus on effectiveness of Tabcorp's AML/CTF program and customer monitoring processes.
Sanctions
The Hong Kong Securities and Futures Commission has obtained 13-year disqualification orders in the Court of First Instance against three former top executives of China Candy Holdings Limited: Xu Jinpei (former chairman), Hong Yinzhi (former CEO), and Wang Zhihong (former chief financial controller).
Sanctions
Joint investigation by OCCRP and Follow the Money reveals Western shipowners earned at least $6.3 billion selling hundreds of aging tankers to shell companies that became part of Russia's shadow fleet. At least 230 vessels from Europe and U.S.
Australia's AML/CTF reforms commenced April 2026, expanding laws to cover virtual asset service providers (VASPs, renamed from DCE providers).
Money laundering
DOJ announced coordinated enforcement actions including criminal charges against two Chinese nationals managing a fraud compound in Burma, seizure of over 500 fraudulent investment websites, and restraint of more than $700 million in cryptocurrency tied to money laundering from scams targeting Americans.
OFAC designated Cambodian senator Kok An and 28 individuals and entities in his network for controlling scam compounds throughout Cambodia used for digital asset investment fraud targeting Americans.
Other
FIA arrested five suspects in Karachi allegedly operating organized hawala network with China. Initial investigation revealed approximately $4 million allegedly transferred illegally to China over eight months. Authorities recovered 2.
Bribery & corruption
On March 19, 2026, the Paris judicial court validated a CJIP for Colas Rail Asia (subsidiary of Colas Rail, Bouygues group) carrying a fine of nearly EUR 30 million for corruption in the context of two railway contracts of EUR 150 million each won in Malaysia in the 2010s.
The Paris judicial tribunal validated a CJIP on March 19, 2026 for Colas Rail Asia, a Bouygues subsidiary.
MAS issued prohibition orders against Wang Qiming (16 years) and Liu Kai (7 years), former relationship managers convicted of charges connected to major August 2023 money laundering case involving S$3 billion.
OFAC designated six individuals and two entities for facilitating North Korean IT worker fraud schemes that generated nearly $800 million in 2024 to fund DPRK weapons programs. Network includes Amnokgang Technology Development Company and facilitators in Vietnam, Laos, Spain.
Singapore Police and MAS jointly conducted enforcement operations March 5, 2026 against Capital Asia Investments Pte Ltd and its directors for suspected money laundering offences and suspected failure to comply with obligations as licensed capital markets services licence holder.
Seng Hok Ling (47, Malaysian national), who pleaded guilty to money laundering offences at Southwark Crown Court and was sentenced on 11 November 2025 to four years and 11 months, was ordered on 22 January 2026 to pay back £5,603,305.81 or face an additional eight years in jail.
AUSTRAC ordered appointment of external auditor to assess whether Airwallex Designated Business Group is meeting its anti-money laundering and counter-terrorism financing obligations.
Money laundering
ICIJ's trailblazing analysis revealed that as recently as July 2025, Huione Group, a Cambodian financial institution flagged by U.S. authorities as a 'primary money laundering concern,' sent about a million dollars worth of tether a day to accounts at Binance.
Money laundering
ICIJ investigation traced tens of thousands of cryptocurrency transactions revealing at least $28 billion tied to illicit activity flowed onto Binance, OKX and other major exchanges. Analysis found $408 million flowing from Huione Group (Cambodian institution flagged by U.S.
Securities & markets
The Securities and Futures Commission of Hong Kong issued a circular on June 2, 2026, calling upon licensed firms to strengthen their cybersecurity measures against emerging threats enabled by frontier artificial intelligence models.
Money laundering
Andorra's top court sentenced 18 executives of Banca Privada d'Andorra (BPA) to prison terms ranging from three and a half to seven years for laundering money in favor of a single client.
MAS imposed S$27.45M in composition penalties on 9 financial institutions (Credit Suisse, UBS, Citibank, Julius Baer, UOB, LGT Bank, UOB Kay Hian, Blue Ocean Invest, Trident Trust) for AML/CFT breaches related to August 2023 S$3B money laundering case (illicit assets from overseas scams/online…
Fraud & scams
Coordinated operation by the European Public Prosecutor's Office (EPPO) dismantles tax fraud network in merchandise imports from China. Tax evasion exceeding €700 million in Europe, €56 million in Spain.
Bribery & corruption
Belgian authorities investigating corruption linked to Chinese technology company Huawei have identified a scheme in which lobbyists allegedly funneled tens of thousands of euros to Members of the European Parliament to secure political support.
Sanctions
Investigation reveals that Russia is attempting to build 'sovereign internet' and expand surveillance capabilities, but key players in system integration and server solutions depend on imported components from Taiwan, China, and Korea.
Fraud & scams
Liu Zhou, 41, a Canadian citizen and Chinese national and founder of MyTrade, a cryptocurrency financial services firm, was sentenced by U.S.
Fraud & scams
The European Public Prosecutor's Office (EPPO) in Ostrava, Czech Republic filed an indictment before the Municipal Court in Prague on August 3, 2026, against five individuals and one company suspected of defrauding over €17.4 million in VAT on goods imported from China.
Other
In March 2026, the Department of Justice charged three individuals—Yih-Shyan Liaw, Ruei-Tsang Chang, and Ting-Wei Sun—for allegedly conspiring to divert high-performance computer servers with sophisticated U.S.
Fraud & scams
Hong Kong SFC issued circular June 2, 2026 warning brokers and virtual asset platforms about AI-enhanced cybersecurity vulnerabilities enabling unauthorized access to client data and asset misappropriation. Cyber incidents rose 27% to 15,877 in 2025.
Fraud & scams
Cambodian Deputy Prime Minister Sar Sokha, who serves as both deputy prime minister and minister of interior, has been involved in a lobbying controversy related to U.S. legislation to create an anti-cyber-scam task force. Sar Sokha was previously included in draft U.S.
On May 26, 2026, the Federal Court of Australia made civil penalty orders against Castra including an order to pay a $50,000 pecuniary penalty plus $15,000 in costs.
Securities & markets
The Eastern Magistrates' Court convicted well-known movie producer Mr Wong Pak Ming of insider dealing in the shares of Pegasus Entertainment Holdings Limited after a 16-day criminal trial.
AUSTRAC finalized its enforceable undertaking with Sportsbet Pty Ltd after the company addressed serious deficiencies in its anti-money laundering and counter-terrorism financing (AML/CTF) controls.
Other
On June 1, 2026, SFC reprimanded and fined XHK Limited $2.5 million for regulatory failures related to preparation of financial returns, maintenance of required liquid capital, and handling of client money and non-client money.
Securities & markets
The Securities and Futures Commission mandated that online brokers and virtual asset trading platforms adopt phishing-resistant authentication methods within 12 months, banning one-time passwords delivered via SMS, email, or app-based logins.
Sanctions
According to the World Bank's Office of Suspension and Debarment, Beximco Computers Limited was debarred for a minimum of 10 months after evidence of collusive bidding in the $295 million Bangladesh Enhancing Digital Government and Economy Project.
Bribery & corruption
Ko Wen-je, 66-year-old former Taipei Mayor and 2024 presidential candidate who founded Taiwan's opposition Taiwan People's Party, was sentenced to 17 years imprisonment for accepting approximately T$17.
Bribery & corruption
Hong Kong's Independent Commission Against Corruption arrested 42 individuals in connection with an alleged scheme where a consultancy firm collaborated with triad-linked intermediaries to manipulate public construction tenders through bribery.
Australian financial intelligence unit AUSTRAC applied for Federal Court civil penalty orders against Mount Pritchard and District Community Club Ltd (Mounties) for alleged serious and systemic non-compliance with Australia's AML/CTF laws.
Bribery & corruption
Indonesian authorities formally transferred the criminal case of Febrie Adriansyah, former Deputy Attorney General for Special Crimes, to the Attorney General's Office for prosecution, according to OCCRP.
On May 25, 2026, the Monetary Authority of Singapore imposed a composition penalty of S$300,000 on Padang Trust Singapore Pte. Ltd., a licensed trust company, for breaches of MAS' Anti-Money Laundering and Countering the Financing of Terrorism requirements.
Money laundering
Investigation documents suspicious financial flows involving Belarusian businessman Aliaksei Aleksin totaling approximately $1.8 million through Pacific Private Bank and Worldclear (2017-2018). Key allegations include circular fund transfers between Cypriot companies, questionable interest-free $13.
Securities & markets
Movie producer Wong Pak Ming was convicted of insider dealing in Pegasus Entertainment Holdings Limited shares and sentenced to five months' jail and fined HK$99,720 on June 9, 2026.
Fraud & scams
Cypriot court issued confiscation order for fugitive Malaysian financier Jho Low's €5.9 million luxury villa in Cape Greco, Ayia Napa. First time such action taken in Cyprus without conviction by local court. Low allegedly masterminded 1MDB fraud scheme, siphoning at least $4.
Other
According to OCCRP, at least two people were shot and seven arrested in Bougainville after an arson attack on equipment belonging to Lloyds Metals and Energy Ltd, an Indian company selected to reopen the Panguna mine estimated to hold $160 billion in precious metals.
Money laundering
Four individuals aged between 60 and 63—Seow Choon Pheng, Seow Choon Lien, Chu Tung Wu, and Tan Kui Moi—were charged for their alleged involvement in money laundering and carrying on businesses for fraudulent purposes in relation to a VAT carousel fraud scheme involving gold smuggling.
The Monetary Authority of Singapore issued a 3-year prohibition order against Li Jinbo, former Chief Investment Officer of EC World Asset Management Pte. Ltd., following a 24-month conditional warning from the Commercial Affairs Department of the Singapore Police Force.
Fraud & scams
The U.S. Treasury Department announced a new package of sanctions targeting nine individuals and 26 companies associated with Cambodia's Prince Group, accused of engaging in cyber-scams and forced labor.
Jun Wang, 63, a Chinese national and lawful permanent U.S. resident, found guilty of money laundering conspiracy for redeeming $2.2 million in gift cards purchased by fraud victims between June 2019 and June 2021.
The Monetary Authority of Singapore imposed a civil penalty of S$120,000 on Dr Chua Han Boon Kenneth for insider trading in shares of Singapore Medical Group Limited.
The U.S. Department of State concluded an administrative settlement with General Electric Company to resolve 116 violations of the Arms Export Control Act and ITAR, including unauthorized exports of technical data to China and unauthorized exports of defense articles.
OFAC sanctioned nine individuals and 26 entities linked to Prince Group TCO, including TCO leadership (Hu Xiaowei, described as 'second-in-command'), investors in scam compounds, and front companies across British Virgin Islands, Hong Kong, Singapore, UK, Thailand, and Cambodia.
Money laundering
Assets worth nearly $2.03 billion have been surrendered in Singapore's largest money laundering case, as 17 suspects remain out of reach of authorities. 15 foreign nationals, part of a group of 17 suspects, have agreed to surrender their assets and have been barred from returning to Singapore.
The Hong Kong Securities and Futures Commission prohibited Ms Mok Cheuk Ling, a former licensed representative of Sun Hung Kai Investment Services Limited, from re-entering the industry for 42 months.
Fraud & scams
UK sanctioned entities linked to Cambodia's Prince Group for operating vast online fraud network. #8 Park (operated by Legend Innovation Co.) allegedly holds up to 20,000 trafficked workers forced into cryptocurrency fraud schemes. Xinbi, a Chinese-language Telegram marketplace, processed over $19.
Other
OCCRP reports that businessman Gaurav Srivastava allegedly posed as a CIA agent while cultivating relationships with Indonesian President Prabowo Subianto and his brother, securing five preliminary defense procurement agreements worth tens of billions of dollars.
MAS issued prohibition orders against two former relationship managers convicted in connection with Singapore's August 2023 $3 billion money laundering case.
Fraud & scams
Saima Wazed, 53, former WHO Southeast Asia regional director and daughter of ousted Bangladesh PM Sheikh Hasina, resigned in September 2026 after the Bangladesh Anti-Corruption Commission filed two cases alleging fraud, forgery, and misuse of power.
Fraud & scams
The Hong Kong SFC alleges Ng Yu, former chairman of Target Insurance Holdings Limited, was party to a fraudulent scheme to misappropriate funds that were transferred to a Cayman-incorporated fund he controlled. Legal proceedings were restored at a June 17, 2026 case management conference.
Australia's financial intelligence agency AUSTRAC announced it cancelled, suspended, or refused to renew 45 remittance and virtual asset service provider (VASP) registrations during the past year for alleged AML/CFT failures.
Fraud & scams
According to New South Wales Police, three accountants (ages 46, 34, and 28) have been charged for allegedly helping an organized crime syndicate obtain tens of millions of dollars in fraudulent loans. The 46-year-old accounting firm director faces charges related to $16.
Money laundering
Australia's financial intelligence agency AUSTRAC has launched an enforcement investigation into Western Union Financial Services Australia and its U.S. parent company.
Hong Kong's Market Misconduct Tribunal has determined that Sir Dickson Poon, founder of Dickson Concepts, and his investment vehicle Equity Advantage Limited engaged in insider dealing. According to the tribunal's findings, Poon allegedly learned of a US$147.
According to the Monetary Authority of Singapore and Singapore Police Force, Samlit Moneychanger Pte Ltd, its director (45, female), and compliance manager (36, male) face a combined 58 charges following a joint investigation that commenced in February 2024.
Bribery & corruption
The Sandiganbayan anti-graft court issued arrest warrants for former House Speaker Martin Romualdez, a cousin of President Marcos, and three co-defendants. Prosecutors allege they received 7.
Samlit Moneychanger Pte. Ltd. was charged in court on July 9, 2026 with 19 counts of failure to comply with a direction on complaints handling under the MAS Act and FSMA. Samlit's Director and Compliance Manager were also charged on July 9, 2026 with 17 counts under FSMA, according to MAS.
Trafficking
Malaysian police dismantled a drug syndicate and seized over 180 kilograms of MDMA valued at RM 27.5 million ($6.79 million) from a makeshift laboratory. The 52-year-old alleged kingpin, who according to police had drug-related arrests dating to the 1990s, was killed after opening fire on officers.
Singapore's Monetary Authority issued Prohibition Orders against Goh Hui Bin (5-year ban) and Vijendren S/O Tanapal (4-year ban), both former DBS Bank representatives convicted of forgery offences.
AUSTRAC entered into a legally binding enforceable undertaking with online bookmaker bet365 on July 6, 2026, requiring the company to strengthen its anti-money laundering controls after AUSTRAC identified serious gaps in how it manages risk and reports suspicious activity.
MAS published an overview of key public enforcement actions taken from April to June 2026, covering various breaches of laws under MAS administration.
Fraud & scams
Police in Goa, India arrested seven individuals and summoned 24 others for questioning as part of 'Operation Cyber Vigil,' according to OCCRP.
Fraud & scams
According to the European Public Prosecutor's Office as reported by OCCRP, five individuals and one company have been indicted for allegedly evading more than $20 million in VAT on goods imported from China.
Bribery & corruption
OCCRP reports that a US federal indictment against Prince Group Chairman Chen Zhi anonymized co-conspirators, but personal details in the document reportedly identify one as Chen Sokly, alleged to be a Prince Group 'enforcer.'
The Monetary Authority of Singapore issued a 6-year prohibition order against Lai Mei Lin, a former representative and unit manager of Manulife Financial Advisers, for alleged forgery offenses and unauthorized access to computer material.
Bribery & corruption
According to OCCRP, Rachida Dati, France's former Minister of Justice and current Culture Minister, faces corruption charges for allegedly accepting €900,000 in consulting fees from a Renault-Nissan subsidiary between 2010-2012 without performing actual work.
Money laundering
Five members of an organised crime group responsible for facilitating the illegal entry to the UK of Vietnamese migrants have been sentenced to a combined total of almost 40 years imprisonment following an investigation coordinated by Eurojust involving UK, Belgian and French authorities.
Money laundering
The Changzhou Intermediate People's Court in Jiangsu Province sentenced Yang Youlin, 69, to death after finding him guilty of accepting over 2.21 billion yuan ($325 million) in bribes across three decades, according to OCCRP.
Following the expiration of Executive Order 13936's national emergency declaration on July 14, 2026, OFAC restructured its Hong Kong sanctions framework. OFAC removed nine persons designated solely under E.O.
James Gillingham, 38, dubbed 'the Wolf of Essex', has been sentenced to five years and six months imprisonment at Southwark Crown Court after pleading guilty to fraud, money laundering, and perverting the course of justice.
Other
OCCRP and Kyodo News revealed that Su Jiangbo, a Chinese national whom British prosecutors referred to as 'Mr. X' when they announced an asset freeze in March, has been living in Japan for the past two years where he runs a travel business and owns two properties.
Money laundering
According to OCCRP, Malaysia's Anti-Corruption Commission charged former Prime Minister Ismail Sabri Yaakob with failing to disclose assets including local and foreign currencies totalling nearly $40 million and five gold bars. He pleaded not guilty.
Money laundering
According to court filings, attorneys for Sebastian Marset, a Uruguayan national subject of a $2 million US reward, have filed motions to dismiss drug trafficking, money laundering, and narco-terrorism charges.
Fraud & scams
According to the Singapore Police Force, authorities are investigating 231 individuals (149 men and 82 women, ages 15-76) suspected of involvement in scam and money mule operations.
US Treasury OFAC sanctioned six individuals and two companies on March 12, 2026 for allegedly helping North Korea convert approximately $800 million into cryptocurrency in 2024 to launder funds for weapons programs. A key facilitator converted approximately $2.
Money laundering
Federal prosecutors in Georgia unsealed a 25-count indictment against Edward Zimbardi, 59, alleging he masterminded a $165 million cryptocurrency Ponzi scheme called 'The Crypto Program.'
Other
An OCCRP investigation found that Bougainville President Ishmael Toroama bypassed an official selection process when choosing Indian company Lloyds Metals and Energy Ltd to reopen the Panguna mine, estimated to contain up to $160 billion in copper and gold.
The Monetary Authority of Singapore (MAS) issued a 4-year prohibition order against Low Jia Mei, Camie, a former relationship manager at Standard Chartered Bank (Singapore) Limited.
Other
OCCRP, working with Follow the Money and other partners, reports that China's State Administration of Foreign Exchange (SAFE), the state agency that manages a large share of the country's foreign reserves, discreetly acquired stakes in European critical infrastructure, utilities and real estate…
Five men were indicted in the Western District of Washington in connection with a sophisticated fraud and money laundering operation targeting elderly victims across the nation, as reported on August 28, 2026.
The Monetary Authority of Singapore issued a 10-year prohibition order under the Financial Services and Markets Act 2022 against Mr Andrew Tiew Siew Ing, a former representative of AXA Insurance Pte Ltd.