Why India and Pakistan are wrangling over money launderer Altaf Khanani 

Altaf Khanani was considered one of the world's most-wanted money launderers. The Pakistani fraudster was involved in the illicit international movement of money between countries like Pakistan, t...

Feds: Fraudster blew $30K in Vegas with virus loan money

PROVIDENCE, R.I. (AP) — A convicted bank robber from Rhode Island fraudulently obtained $600,000 in forgivable federal business loans and spent $30,000 in Las Vegas before being caught, federal prosec...

FICO Survey: Only 30% of Taiwanese Banks Believe AI Will Stop More Money Laundering

26 percent currently experience significant struggles modifying their existing rules-based anti-money laundering (AML) compliance system T...

Iranian man handed 2-year sentence for cheating 4 Taiwanese women out of NT$1.35 million

TAIPEI (Taiwan News) — An Iranian man married to a Taiwanese woman has been convicted of fraud after posing as a Norwegian and Canadian man and conning four single Taiwanese women into lending h...

Filipina arrested for scamming countrymen in Taiwan out of NT$80 million

TAIPEI (Taiwan News) — A Filipina migrant worker was taken into custody in central Taiwan on Wednesday (Aug. 5) for allegedly scamming her compatriots with the promise of a return on currency co...

Chinese students in Australia being 'kidnapped' virtually

TAIPEI (Taiwan News) — Australian authorities are warning Chinese living Down Under to beware of "virtual kidnapping" after eight students were tricked out of over US$2 million by scam...

Taiwan cult leader bilks 237 'virgins' and followers out of NT$80 million

TAIPEI (Taiwan News) — Police on Tuesday (June 16) arrested the leader of a cult political party who created a special class for over 200 "virgins" and bilked members out of at least N...

Feds: Man lied to try to get $20M in federal coronavirus aid

NEW YORK (AP) — A Chinese man who tried to get $20 million in federal aid for distressed businesses affected by the coronavirus created bogus businesses and falsely claimed he was trying to procure CO...

Green Party Taiwan says man in court video scored only 59% facial similarity with Chinese spy

TAIPEI (Taiwan News) — Green Party Taiwan says a man in a video purported to be self-proclaimed Chinese spy Wang "William" Liqiang (王立強) being convicted for fraud only has 59 percent s...

DPP chairman says China is 'enemy of Taiwan's democracy' after meddling claims

TAIPEI (Taiwan News) — In response to a defector's claims of Chinese meddling in Taiwan's elections, Democratic Progressive Party (DPP) Chairman Cho Jung-tai (卓榮泰) said that China is the...

2016 'judgment' against Chinese spy suddenly appears out of thin air

TAIPEI (Taiwan News) — There are no online archival traces of a 2016 case that Chinese government mouthpieces are citing as evidence that a self-described Chinese spy is a convicted "frauds...

Taiwan's NSB confirms its investigating 'Chinese spy'

TAIPEI (Taiwan News) — Taiwan’s National Security Bureau (NSB) is working with international partners to verify information leaked by a Chinese defector about Beijing’s interference ...

China say self-confessed spy seeking asylum is fraudster

PERTH, Australia (AP) — China refuted the explosive claims of a self-confessed spy seeking asylum in Australia, saying Sunday he is a convicted fraudster wanted by Shanghai police. T...

SEC: 'King Perry' used Ponzi cash to live like royalty

The fraudster called himself "King Perry," and for a while he lived like royalty. Perry Santillo masterminded a long-running investment scam that collected more than $115 million fro...

228 Taiwanese defrauded out of NT$30 million after Booking.com data leaks

TAIPEI (Taiwan News) — Due to Booking.com's ongoing data breaches, 228 Taiwanese have been defrauded out of NT$30 million over the first nine months of this year. The Criminal Investigati...