A Hong Kong social worker who earlier launched a judicial challenge against the government’s approval of an environmental study of the San Tin Technopole project has been charged with defrauding social welfare authorities to obtain more than HK$16,000 (US$2,049) in old age allowance. Eddie Tse Sai-kit, 67, was accused of failing to declare that his…
At least 119 current and former Amtrak employees conspired with New York medical professionals to swindle the company’s health care plan out of over $12 million, the Amtrak Office of the Inspector General said in a report released Tuesday of what it described as the largest employee conspiracy it has ever investigated. “The sheer volume…
Publishers Clearing House is known for giving money away in sweepstakes and other contests. Now it’s offering a different kind of payout — a refund for customers who may have been deceived by the direct marketing company. The Federal Trade Commission said Wednesday that the agency has mailed checks totaling over $18 million to nearly…
An attempt to transport a shipment of counterfeit cigarettes valued at hundreds of thousands of dollars was smoked out in Texas over the weekend. U.S. Customs and Border Protection officers at the Laredo Port of Entry intercepted and seized the shipment, which would have been valued at more than $729,000 if the cigarettes were sold…
Hong Kong police have arrested six individuals for allegedly obtaining more than HK$20 million (US$2.57 million) in government loans through fraudulent means under a scheme that offered a full loan guarantee. Officers from the Commercial Crime Bureau said on Wednesday that the six suspects, associated with four different companies, had applied for government loans under…
The Hong Kong Monetary Authority (HKMA) will announce on Monday new measures to be implemented by banks to safeguard the public from financial fraud, stepping up its vigilance to prevent scams that caused losses of HK$9.15 billion (US$1.2 billion) last year. Called “E-Banking Security ABC”, the “ABC” refers to tightening “authorisation” methods for transactions, saying…
The Department of Justice has charged a founder with defrauding investors after his AI shopping app was allegedly discovered to be nothing more than a couple of people in a trench coat. Nate offered a mobile app that promised users a one-click checkout experience on any e-commerce website “without human intervention,” effectively meaning they could…
A former Hong Kong police officer is facing 30 counts of bribery and fraud after he was previously charged by the city’s anti-corruption agency with accepting an unauthorised loan from someone linked to an investigation. Magistrate Frances Leung Nga-yan on Friday approved an application by prosecutors to charge 50-year-old Mak Kwok-hung with the extra counts…
Christine Hunsicker, founder and chief executive officer of CaaStle Inc. speaking at a Bloomberg … More event. Photographer: Mark Kauzlarich/Bloomberg © 2019 Bloomberg Finance LP Axios reported earlier this week that fashion tech company Caastle is virtually broke and its founder, Christine Hunsicker, is being accused of financial misconduct, according to Axios’ anonymous sources. Axios…
Google Play Store is home to millions of apps and games, but at the same time, it’s also a nest for malware-ridden apps that put users at big security risks. Now, the platform has built a new initiative where users and developers will be protected thanks to the new security features. Google Play Protect Extends…