Category: Financial Crime

Regulatory Watch News

• 

  Fraudulent website and internet banking login screen related to Shanghai Commercial Bank Limited

  HKMA

  January 10, 2025

  The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Shanghai Commercial Bank Limited relating to a fraudulent website and an internet banking login screen, which have been reported to the HKMA.  A hyperlink to the press release is available on the HKMA website.

• 

  Sydney couple charged over alleged failed $5 million heroin import

  Australia Federal Police

  January 10, 2025

  A western Sydney couple appeared before Downing Centre Local Court today (10 January, 2025) charged with allegedly importing a total of 10kg of heroin in their suitcases into Australia. Investigations into the man, 52, and woman, 53, began after they arrived at Sydney Airport on a flight from Ho Chi Minh City, Vietnam, on Thursday, 9 January, 2025. Australian Border Force (ABF) officers selected the pair for baggage examination, which revealed abnormalities in the lining of two suitcases. A substance in the lining of the cases returned a positive initial reading for the presence of heroin.

• 

  Japanese Yakuza Leader Pleads Guilty To Nuclear Materials Trafficking, Narcotics, And Weapons Charges

  United States Attorney Office -Southern District of New York

  January 9, 2025

  Edward Y. Kim, the Acting United States Attorney for the Southern District of New York; Matthew G. Olsen, the Assistant Attorney General for National Security; and Anne Milgram, the Administrator of the U.S. Drug Enforcement Administration (“DEA”), announced today that TAKESHI EBISAWA pled guilty in Manhattan federal court to conspiring to traffic nuclear materials, including uranium and weapons-grade plutonium, from Burma to other countries, as well as to international narcotics trafficking and weapons charges.  EBISAWA pled guilty today before U.S. District Judge Colleen McMahon.