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fraud

BT European Chief resigns as Italian fraud plot thickens

After the revelation that BT Italia have been involved in factoring fraud costing far more than the... (more…)

#compliance#factoring fraud#management

Italian factoring and leasing fraud crisis deepens and BT...

BT have admitted that an accounting scandal in Italy was worse than feared, with a... (more…)

#crisis#inflation#Italian factoring


Providence Group’s fraud latest update

It is “highly unlikely” that investors in the failed Providence mini-bonds will... (more…)

#bad debts#bonds#Deloitte


Danish businessman frauded a local factoring company

A 39-year-old businessman was yesterday convicted of defrauding a factoring company for about (more…)

#invoice#MAN#Paid


Man sentenced for defrauding investors over factoring companies

More than 30 filed claims after investing over 65 million pesos (more…)

#interest#investment#investments


Invoice finance provider issues warning following fraud cases

Two UK SMEs defrauded in networking scam related to accessing finance facilities (more…)

#business finance#frauds#invoice


The Banamex fraud – assessing the impact one year...

Cornelius Cavendish investigates how the USD400 million fraud case involving Citi's Mexican subsidiary, Banamex, has affected receivables finance industry risk…

#bank#factoring fraud#frauds


Director arrested over factoring fraud

Aide to regional government chief accused of defrauding Delhi-based factor (more…)

#factoring fraud#Two


Citi announces another alleged fraud at Banamex

CFO reveals details of secondary case, including amounts involved (more…)

#credit risk#risk


Arrest warrant issued for boss of company that defrauded...

Founder of Indian IT company that defrauded Canadian factor deemed to be in contempt of court after no-show (more…)

#trade#Two


Developments in Factor Group saga

Lawyer for uncompensated investors wants 10 year trading ban imposed on senior figures from liquidated factoring company (more…)

#bankruptcy#invoice#Paid


Arresting developments in Banamex fraud case

Mexican authorities issue warrants and charge Oceanografнa CEO (more…)

#bank#confirming#WHO

FIMBank conference to focus on financial crime

Money laundering and fraud dominate the programme at Maltese event (more…)

#banks#conference#international

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