Fraudulent Standby LC

Group Accused of Duping Indian Pharma Trader with Fake LC

Six owners and associates of Prizam Alliance Pvt Ltd. of Surat, India, are under investigation by the Economic Crime Prevention

Man Extradited to US to Face Host of Fraud Charges

A Nigerian man believed to have conspired with others to pursue fraudulent tax return refunds of at least USD 8.

Securities Commission Issues Order against Operator of Ponzi-like Scheme

In its Decision, Re Cawaling (2025 ABASC 96), the Alberta (Canada) Securities Commission (ASC) has permanently banned a Calgary resident

Former Bank Managers Face Charges in Hong Kong Related to False Standby LCs

Hong Kong’s Independent Commission Against Corruption (ICAC) which previously brought conspiracy charges against two ex-bank managers for their alleged

Nigerian Airline Officials Indicted in US for Obstruction of Justice

Further to a story previously reported (Oct 2022 DCW 45), the CEO and founder of Nigerian airline Air Peace, has

Jail for Georgia Man Who Duped Florida County Using Phony Standby

Further to previous DCW reporting of a scam involving use of a bogus document labelled a standby letter of credit

Florida County Defrauded of USD 1.4 Million