EconomyChina
China's CSRC Cracks Down on *ST Zhuoran Fraud Case
China's securities regulator fined *ST Zhuoran 12.5M yuan, banned its controller for 10 years and flagged forced delisting over severe financial fraud.
—6 min read
Tag
#Financial Fraud
7 articles
FinanceConsumer Rights
Landmark Ruling: Belgian Banks Must Repay Phishing Victims
Belgium's highest court rules banks must repay phishing victims unless proven grossly negligent, after Stijn Gansemans' six-year battle against KBC.
—4 min read
EU RegulationFinance
EU Targets 'Finfluenceurs': New Rules to Curb Online Fraud
The European Parliament adopted a landmark resolution calling for EU-wide standards to regulate financial influencers and protect consumers from fraud.
—5 min read
LegalFinance
Belgian Court: Banks Must Compensate Phishing Victims Now
A Belgian court ruled banks must immediately refund phishing victims, shifting the burden of proof onto financial institutions in a landmark decision.
—5 min read
FinanceCrime
Dubai Halal Investment Platform Dupes at Least 20 Belgians
At least 20 Belgians lost thousands of euros to Validus, a Dubai-based halal investment platform. Authorities arrested 8 suspects in a Ponzi scheme probe.
—4 min read
EconomyFinance
China Vows Zero Tolerance for Listed Company Financial Fraud
China's Ministry of Public Security declares zero tolerance for financial fraud by listed companies, targeting executives and intermediaries.
—5 min read
Society & Crime
Scam Crackdown Uncovers $752M Losses, Hong Kong Hit Hardest
Operation FRONTIER+ III arrests 3,018 across 10 jurisdictions, with Hong Kong accounting for $319M of $752M in total losses from transnational scams.
—5 min read