HSBC has been fined £57.4m by the Bank of England for “serious failings” over its measures to protect customer deposits. The bank failed to accurately identify deposits eligible for Britain’s Financial Services Compensation Scheme, the […]
A man responsible for running a multimillion-pound fraud website pleaded guilty following the largest fraud investigation by the Metropolitan Police. Tejay Fletcher, 35, pleaded guilty to running iSpoof, a website that allowed criminals and fraudsters […]
Two Canadian nationals have been released from Chinese detention and are flying home to Canada, Prime Minister Justin Trudeau has announced. Michael Spavor and Michael Kovrig were accused of espionage in 2018, shortly after Canadian […]
A lengthy legal battle over the extradition of Huawei’s chief financial officer reaches a crucial stage in Canada on Wednesday. Meng Wanzhou, who is also the daughter of the founder of the Chinese telecoms company, […]
The US Department of Justice is discussing a possible deal with Huawei’s finance chief Meng Wanzhou, according to reports. The deal would reportedly let Ms Meng return to China from Canada, where she was arrested […]
When a Canadian border officer did some hurried research on the internet on 1 December 2018, the result left him “shocked”. He had just been told that a Chinese woman was landing at Vancouver airport […]
HSBC allowed fraudsters to transfer millions of dollars around the world even after it had learned of their scam, leaked secret files show. Britain’s biggest bank moved the money through its US business to HSBC […]
HSBC has said some of its US customers’ bank accounts were hacked in October. The lender said that the perpetrators may have accessed information including account numbers and balances, statement and transaction histories and payee […]
Thirty-six people have been charged for their alleged involvement in running a cyber-crime service responsible for more than $530m (£381m) of losses. The Infraud Organisation is said to have dealt in stolen credit cards and passwords and […]
Security software designed to prevent bank fraud has been fooled by a BBC reporter and his twin. BBC Click reporter Dan Simmons set up an HSBC account and signed up to the bank’s voice ID […]
Copyright © 2023 | World Justice News
