Tag #Financial Fraud

Showing 121 to 124 of 124 results

theguardian.com

🌐 85% Global Worthiness

Dec 1, 22:55

Meta to Verify Financial Advertisers to Combat Investment Scams

Meta will verify financial advertisers on Facebook and Instagram in Australia from early February, requiring licenses and IDs to combat the \$135 million in investment scam losses reported in 2024, a move preceding new government regulations.

Meta to Verify Financial Advertisers to Combat Investment Scams

Meta will verify financial advertisers on Facebook and Instagram in Australia from early February, requiring licenses and IDs to combat the \$135 million in investment scam losses reported in 2024, a move preceding new government regulations.

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28% Bias Score

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How does Meta's response to investment scams relate to the Australian government's upcoming scams prevention framework legislation?

This measure aims to curb the surge in investment scams using fake celebrity endorsements, which resulted in \$135 million in reported losses in Australia by September 2024, with \$35 million attributed to social media. The initiative follows pressure from regulators and lawsuits against Meta for its alleged failure to address these scams.

bbc.com

🌐 45% Global Worthiness

Nov 20, 13:04

Vietnamese Man Charged with $67 Million Money Laundering Scheme

A Vietnamese man is charged with laundering nearly $67 million in the US, facing multiple charges and potential decades in prison.

Vietnamese Man Charged with $67 Million Money Laundering Scheme

A Vietnamese man is charged with laundering nearly $67 million in the US, facing multiple charges and potential decades in prison.

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24% Bias Score

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Peace, Justice, and Strong Institutions

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What are the main charges against Le Van Hung?

A 29-year-old Vietnamese man, Le Van Hung, has been charged by the US Department of Justice with money laundering involving nearly $67 million in illicit funds.

forbes.com

🌐 85% Global Worthiness

Nov 30, 17:12

Singapore Implements Shared Responsibility Framework for Phishing Scams

Singapore is implementing a Shared Responsibility Framework (SRF) in a few weeks to combat phishing scams, assigning specific duties to financial institutions, payment service providers, and telcos to share responsibility for reimbursing victims based on their performance.

Singapore Implements Shared Responsibility Framework for Phishing Scams

Singapore is implementing a Shared Responsibility Framework (SRF) in a few weeks to combat phishing scams, assigning specific duties to financial institutions, payment service providers, and telcos to share responsibility for reimbursing victims based on their performance.

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44% Bias Score

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How will Singapore's new Shared Responsibility Framework (SRF) for phishing scams impact the distribution of responsibility and costs for reimbursing victims?

The Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA) will implement a Shared Responsibility Framework (SRF) for phishing scams, assigning specific duties to financial institutions (FIs), payment service providers (PSPs), and telcos. Failure to meet these duties may result in shared responsibility for reimbursing victims.

repubblica.it

🌐 25% Global Worthiness

Nov 18, 16:22

WhatsApp Investment Scams Surge in Italy

Italian financial authorities warn of a surge in WhatsApp-based investment scams, urging investors to remain vigilant and take preventative measures.

WhatsApp Investment Scams Surge in Italy

Italian financial authorities warn of a surge in WhatsApp-based investment scams, urging investors to remain vigilant and take preventative measures.

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44% Bias Score

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Reduced Inequality

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What measures are being taken by Italian authorities to combat these scams?

The Italian financial authority, Consob, is warning investors about fraudulent investment schemes promoted through WhatsApp groups, often using the names of reputable firms like Morgan Stanley and BlackRock.

Showing 121 to 124 of 124 results