— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The discovery that hackers could snoop on WhatsApp should alert users of supposedly secure messaging apps to an uncomfortable truth: “End-to-end encryption” sounds nice — but if anyone can get into your phone’s operating system, they will be able to read your…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News A top US law enforcement urged frustrated Kenyans on Thursday to “be a little bit patient” concerning the outcome of corruption cases. “Anti-corruption investigations are particularly complex,” Deputy Assistant Secretary of State Heather Merritt said in a press briefing. “They tend to…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The number of reported SIM-swap fraud incidents in South Africa has doubled in the past year, according to cybersecurity experts from Kaspersky. SIM-swap fraud happens when someone convinces your mobile operator to switch your phone number over to a SIM card that…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The longer India’s election drags on, the more rattled Prime Minister Narendra Modi appears. In a long campaign that moves finally toward its conclusion on May 19, Modi could have laid out a bold economic vision. Instead, he took potshots, not at…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News PARIS — BeIN media group CEO Yousef Al-Obaidly was handed preliminary charges of corruption as part of an investigation into the bidding process for the 2019 track world championships in Qatar, a judicial official was quoted as saying by the Associated Press on…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News LONDON (AP) — FIFA is restoring the offense of “corruption” to its code of ethics, almost one year after facing criticism over the symbolic removal of the term. The Associated Press has seen a proposal that will be presented to the FIFA…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Institutional investors routinely make use of brokers to execute their trades. Despite the rise of electronic trading, the Tabb Group reports that brokers handle about 42 percent of order flow from hedge funds. However, brokers’ roles in disseminating information that they acquire…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Three women are accused of taking almost $900,000 in bribes, which they spent on fur coats, designer handbags and property in Florida, to help people snatch affordable New York apartments from thousands of families waiting on a list. Anna Treybich, 71, Irina Zeltser, 66,…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Money laundering Money is the main cause for people to engage in almost any type of criminal activity. Money-laundering is the process of concealing the source of illicit funds or “dirty money.’’ Money laundering crimes are fraud and drug trafficking. It is…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News STOCKHOLM/COPENHAGEN (Reuters) – Loomis AB said it would investigate allegations it played a role in a Danish money laundering scandal, the Swedish cash-handling company said on Thursday. At its annual general meeting a day earlier a journalist from Denmark’s TV2 alleged that…