Home Global Roundup

Global Roundup

Under this category you will find the news related to frauds in the various countries across the world

KPMG ex-partner in Insider Trading

Ex-Partner of KPMG was charged with insider trading by Securities Exchange Comission. The comission alleged that Scott London, Ex-Partner of KPMG tipped Bryan Shaw with confidential details about five KPMG audit...
canara bank

Financial Conduct Authority fines Canara Bank

Financial services firms are required to maintain robust anti-money laundering (AML) systems and controls, since they are at risk from those seeking to launder the proceeds of crime or to finance...

Smith & Nephew FCPA Violation

Smith & Nephew FCPA Violation Securities and Exchange Commission today announced a settlement with Smith & Nephew PLC to resolve SEC charges that the global medical device company violated the Foreign Corrupt...
video

Certified Anti Money Laundering Expert Goes Global

Certified Anti Money Laundering Expert program offered by Indiaforensic Center of Studies. The program was initially designed for the Indian compliance professionals. In the year 2015 the program was revisited and...

Lernout & Hauspie

June 2000: Lernout & Hauspie reports 1999's revenue of $143.2 million from South Korea and Singapore, up from less than $300,000 in the prior year. August 2000: The Wall Street Journal reports...

APC’s round trip transactions

Securities and Exchange Commission filed a civil injunctive action against a former senior vice president and a vendor of InPhonic, Inc., a now-bankrupt online retailer of cellular phones that was headquartered...

Top 10 Ponzi schemes of 2013

The total loss caused to the investors in USA has reduced from $1488 million to $441 million in the 8 ponzi schemes enforced by SEC

State Bank Fined for Money Laundering

The Hong Kong central bank has fined State Bank of India's Hong Kong branch HK$7.5 million ($1 million) for breaching the city's anti money-laundering and counter terrorism financing rules. The Hong Kong...

SEC Charges China Sky One Medical and Top Executive with Inflating Financial Results through...

Securities and Exchange Commission today filed suit in U.S. District Court for the Central District of California, charging China-based China Sky One Medical, Inc. (CSKI) and its CEO and chairman Yan-qing...

Top ten Ponzi schemes of 2012

According to the SEC data on Ponzi scheme revelations, US investors have lost nearly $1488 Million to some of the biggest ponzi schemes in USA. Here are the top ten ponzi...

Trending on Indiaforensic