Fraud

Indonesia’s ‘Crazy Rich’ Influencers Arrested

Indonesian influencers Indra Kesuma and Doni Salmanan lived the kind of lives most people can only dream of.On his now-deleted Instagram, 25-year-old Kesuma, aka Indra Kenz, regularly posted pictures of himself posing next to luxury cars and sporting designer watches and clothes.

10 May 2022
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Marcos Jr To Oversee Hunt For Loot If He Wins

Nearly 40 years after the Philippines began hunting for the billions of dollars plundered during former dictator Ferdinand Marcos's regime, much of the loot is still missing and no one in the family has been jailed.There are fears the rest may never be found if his son and namesake wins next week's presidential poll, which would put him in charge of the government agency leading the global search.The elder Marcos, his flamboyant wife Imelda, and their cronies are estimated to have s

3 May 2022
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New Online Scam: Vaccine Cards

On Etsy, eBay, Facebook and Twitter, little rectangular slips of paper started showing up for sale in late January. Printed on card stock, sellers listed them for US$20 to US$60 each, with a discount on bundles of three or more.

9 April 2021
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Increased Scams In A Pandemic?

The COVID-19 pandemic has severely affected businesses and the economy in general. Millions around the world have lost their jobs amid the crisis. Great debts and financial constraints have left many desperate for help.

18 August 2020
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Digitalising Japan & ASEAN Trade With Blockchain

In a move aimed at strengthening the relationship between Japan and ASEAN and promoting the digitalization of trade procedures, the Japanese government and a consortium of 20 of the country’s largest companies have announced the introduction of a digital platform to manage and integrate trade transaction information.

15 August 2020
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Less Crime In A Pandemic?

The COVID-19 outbreak has prompted governments around the world to impose preventive measures against the deadly virus which includes citywide lockdowns and travel curbs. Citizens are urged to follow social distancing guidelines and stay indoors.

12 June 2020
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Digital fraud on the rise in ASEAN

Financial institutions are reporting losses in the billions. According to a whitepaper published by Accenture titled ‘Unmask digital fraud today’ on digital fraud, the expected global loss associated with transaction fraud is worth at least US$31.3 billion.The advances in technology and high-speed internet have transformed the payment market, giving financial institutions unprecedented access to consumers.

22 August 2019
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ASEAN e-commerce hit by fraud

Southeast Asia’s e-commerce market is well on its way to exceeding Google’s prediction of hitting US$200 billion in value by 2025, with e-commerce players such as Lazada, Shopee, and Tokopedia expanding their efforts in the region to meet ever-growing customer demands.

20 July 2019
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Malaysian anti-graft body probes false invoice claim

The MACC (Malaysian Anti-Corruption Commission) is still investigating the three individuals nabbed over suspected graft involving millions of dollars of an oil and gas exploration and production services firm, Petronas Carigali.

11 September 2017
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