A former Mozambique finance minister pleaded not guilty on Thursday to U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans to three state-owned companies.
A fraud in northern China that used sophisticated "deepfake" technology to convince a man to transfer money to a supposed friend has sparked concern about the potential of artificial intelligence (AI) techniques to aid financial crimes.
The board of directors of Ecuador's state-owned oil company Petroecuador on Tuesday named Ramon Correa, an engineer, as general manager following recent management changes in the wake of a corruption investigation.
Massachusetts regulators have opened an investigation into sales of company stock by top executives at First Republic Bank in the weeks leading up to the recent banking turmoil.
Jury selection began on Monday in the U.S. corruption trial of a former Goldman Sachs banker accused of helping to launder hundreds of millions of dollars looted from Malaysia's 1MDB sovereign wealth fund and bribing officials to win business.
A Malaysian court on Wednesday upheld former premier Najib Razak's guilty verdict on corruption charges over a multi-billion dollar scandal at state fund 1Malaysia Development Bhd (1MDB), dealing a blow to his hopes of a political comeback.
A Malaysian court on Wednesday upheld former premier Najib Razak's guilty verdict on corruption charges over a multi-billion dollar scandal at state fund 1Malaysia Development Bhd (1MDB), dealing a blow to his hopes of a political comeback.
A Malaysian court on Wednesday upheld former premier Najib Razak's conviction on corruption charges over a multi-billion dollar scandal at state fund 1Malaysia Development Bhd (1MDB), dealing a blow to his hopes of a political comeback.
Malawian authorities have arrested three officials of the former ruling party, including a former finance minister and central bank governor, for alleged abuse of office, fraud and corruption, a police spokesperson said on Wednesday.
A computer scientist who has claimed to be the inventor of bitcoin largely prevailed on Monday in a Florida jury trial over whether the estate of a former business partner deserved half of a bitcoin cache worth now about $54 billion.