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‘Dirty rotten scoundrels’ of Sydney suburbs rip-off ten factors

A trio of fraudsters pocketed about several million AU dollars for work which was never done.  A suburban smash repairs business and a tank refuelling employee managed to pull off a AUD36 million scam through fake bank accounts, fraudulent invoices,...

#bank#fake invoices#MAN

IFC investment to expand financing to MSMEs

IFC, a member of the World Bank Group, is to invest in a commercial bank in the Kyrgyz Republic, to support the…

#bank#international#MAN


Fraud Act 2006 – the new 'prosecutors darling'

UK prosecutors harness a new weapon in their fight against financial fraud. (more…)

#crisis#frauds#MAN


California man sentenced to prison in connection with USD20m...

David Villongco of San Mateo, Calif., was sentenced to 33 months in prison in connection with a US$20m scheme to…

#bank#banks#exporters


Perfect pitch – how to build strong relationships with...

When it comes to making an impression on potential new factoring clients you only have the one chance to make…

#invoice#MAN#receivables


SMEs shown how to grow at the Ideal Business...

Entrepreneurs, owners and decision-makers in small and medium sized businesses will be offered a series of inspirational and practical seminars…

#MAN#small business#smes


Halkbank to grant loans to SMEs without complicated procedures

Halkbank, one of the largest public banks in Turkey, has prepared a package of easy loans for small and medium-sized…

#bank#interest rates#MAN


Factoring fraud case to grand jury

If convicted, he could face up to 20 years in prison. The fraud charges stem from US$270,000 advanced as part…

#factoring fraud#MAN#management


Yorkshire Bank boosts Financial Solutions Centre workforce

The Yorkshire Bank, part of the National Australia Bank Group, has experienced a boom in demand for the services of…

#bank#invoice#MAN


Davenham gets GMAC man to head trade finance unit

Davenham has announced the appointment of sales and marketing director of its trade finance division (more…)

#asset-based lender#commercial finance#funding


Manufacturers optimistic about export prospects

Manufacturers' optimism about future export prospects has improved for the first time since July 2004 (more…)

#Boost#exports#Jobs


SMEs listed on NSE to receive funding boost

Tom Isegohin, a United States based Nigerian Corporate Strategist, is working in collaboration with the Nigerian Stock Exchange (NSE) to…

#bank#emerging markets#MAN

Finance Credit boss pleads guilty to fraud charges

Torgeir Stensrud, one of the founders of the scandal-ridden Finance Credit collection agency, claimed (more…)

#banks#MAN

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