The European Commission recently announced that several countries and regions have been officially removed from its "High-Risk Third Countries with Strategic Deficiencies in Anti-Money Laundering and Counter-Terrorist Financing" list, indicating substantial progress in financial regulatory complianc
The U.S. Department of Justice recently reported that several defendants have pleaded guilty in a fraudulent digital asset investment scheme spanning China, the U.S., and Cambodia, involving up to $36.9 million.The fraud group set up a base in Sihanoukville, Cambodia (commonly known as "Westport"),
A new study published in the journal "Academia Against Poverty" delves into the operations of Myanmar's cybercrime syndicates, revealing how scams, money laundering, and human trafficking are deeply embedded in the border areas of Myanmar and the underground gambling networks, forming a vast transn
The U.S. Treasury Department recently announced that it has imposed sanctions on a China-funded enterprise based in the Philippines—Pano Network Technologies and its executive Liu Lizhi (transliterated), accusing them of providing key technical support for the "Pig Butchering" scam, causing economic
In Pattaya, numerous banks have witnessed long queues of Chinese customers withdrawing money, attracting widespread attention. Photos from the scene show crowds at the bank entrances, with lines extending from the counters to the streets, a highly unusual sight.It is reported that many Chinese clien
The Philippine National Police (PNP) recently revealed that six major casinos have terminated their cooperation with two gaming intermediaries suspected of money laundering, which are linked to the kidnapping and ransom case involving Chinese businessman Anson Que (also known as Anson Tan).PNP spoke
In mid-April 2025, a prominent Taiwanese media outlet released a groundbreaking investigative report revealing large-scale overseas gold transactions related to the political dynasty of the Marcos family in the Philippines, causing a public uproar. The report alleges that former First Lady of the Ph
The kidnapping case of a Filipino-Chinese businessman, Guo, has revealed vulnerabilities in the gambling payment system. The two casino intermediaries involved, "Bai Ma Hui" and "Jiuding Group," both have their own electronic wallet systems.Reports indicate that these platforms not only allow users
The Philippine National Police (PNP) reported that a shocking case of undeclared large sums of cash was seized at Mactan-Cebu International Airport recently. 11 passengers attempting to board a private plane to leave the country were intercepted and detained on the spot, with the amount involved exc
After Jiuding Group announced its withdrawal from the Philippine market following the revocation of its license by the Philippine government for collecting ransom in the Guo Congyuan kidnapping case, another Chinese-funded gambling intermediary, "White Horse Club," also quietly shut down its operati
Recently, a political storm has erupted in Singapore, with several photos showing senior government officials dining and taking photos with Su Haijin, the main suspect in a 3 billion SGD money laundering case, raising public doubts about the government's integrity.The politicians appearing in the
Taiwanese media breaks major news: The Marcos family of the Philippines is suspected of money laundering through large-scale gold transactions in Hong Kong, with an astonishing amount involved.According to reports, Taiwanese businessman Mr. Peng formally submitted a report to the Anti-Money Launder
The Philippine police are working with the Anti-Money Laundering Council (AMLC) and several government agencies to investigate the kidnapping and murder of Chinese businessman Guo, involving a large amount of money movement. Preliminary investigations suggest that there might be a cryptocurrency lau
Recently, the Enforcement Directorate (ED) of India announced that Harsatinder Pal Singh Hayer, the son-in-law of the late founder of Pearls Group, Nirmal Singh Bhangoo, has been formally arrested for his alleged involvement in a Ponzi scheme amounting to 480 billion rupees (approximately 41.6 billi
It has been reported that scammers are luring Filipinos to engage in illegal "POGO-like" operations abroad with false promises of employment. In 2024, Philippine President Ferdinand Marcos Jr ordered a ban on POGO after receiving reports of human trafficking, money laundering, and other criminal act
As India grapples with its approach to online gambling, a new report released by the Digital India Foundation (DIF) reveals the impact of the country's lack of unified control over the industry.The report titled "Illegal Gambling and Betting Markets in India: Scale and Driving Factors" indicates tha
