The latest report released by regulatory technology companies Tookitaki and AFC Ecosystem in collaboration with ABCOMP Philippines points out that the Philippine financial system is facing increasingly severe threats of fraud and money laundering.The report warns that although digital transformation
Philippine authorities conducted a raid on a commercial building in Makati City, which was suspected to be an office for a Philippine online gambling company.On Thursday night, the Presidential Anti-Organized Crime Commission (PAOCC) together with the Criminal Investigation and Detection Group (CIDG
Arvin Cesar Santos, the legal advisor of the Bureau of Immigration (BI) in the Philippines, recently stated that the deportation process has been hindered due to the lack of passports among most of the arrested foreign workers of Philippine Offshore Gaming Operators (POGO). He pointed out that the r
The Cyber Police in Chonburi Province, Thailand, at the headquarters of the Technology Crime Suppression Division in Mueang Thani, announced the investigation progress of a high-profile fraud case. The case involves a scam gang named Ploy Phet, with victims including the famous beauty queen Charlott
As the Philippine government completely bans offshore gambling (POGO) operations, a large number of gambling practitioners and related industry personnel are forced to look for new survival spaces.As an important country in Southeast Asia, Thailand has become the preferred destination for these "wil
Las Vegas resident Brandon Sattler finally found a predicament he couldn’t talk his way out of.After arranging to plead guilty to a single count of wire fraud in a scheme that saw him rake in millions from private investors in a bogus media-installation company with supposed casino contracts, Sattle
Over 500 Chinese citizens are anticipated to be returned to China in stages.China.- The Ministry of Public Security has reported that 240 Chinese nationals arrestedfor alleged cross-border gambling and fraud were deported from Cambodia to China yesterday (November 28).Those deported are part of a la
The license holder for Dubuque’s casinos has helped form an organization aiming to block a proposed casino and event center in nearby Cedar Rapids, Iowa.Members of the organization say the proposed casino would hurt economic development efforts in eastern Iowa, including the tri-state area.Dubuque-a
A Pennsylvania man pleaded guilty Wednesday in a sports betting scheme that ended Toronto Raptors forward Jontay Porter’s NBA career.With Mahmud Mollah ‘s plea Wednesday, three people — including Porter — have now publicly admitted their roles in the scandal. It worked like this: The player withdrew
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