A former treasury economist whose purported $400m hedge fund collapsed and is now the subject of a Serious Fraud Office probe is expected to soon learn his fate. Penrich Capital, […]
US closes key money-laundering, tax evasion channel
WASHINGTON (AFP) – A major avenue for global money laundering and tax evasion has been closed off by a new law requiring disclosure of owners of US shell companies used […]
First Singaporean charged over Wirecard scandal
SINGAPORE (BLOOMBERG, REUTERS) – Singapore has laid its first charges in the Wirecard scandal, accusing a director of Citadelle Corporate Services of falsifying accounts. R. Shanmugaratnam was charged with “wilfully and […]
Spying claims is latest twist in Wirecard scandal
BERLIN • The plot thickens in the spectacular collapse of payments provider Wirecard: The Austrian man at large over Germany’s worst financial fraud scandal may also have had links to […]