DCW Scam Survey

Chief Compliance Officer of Fake Bank Pleads Guilty

A 75-year old disbarred attorney and convicted felon from California pleaded guilty in a New York federal court on 10

Singapore Citizen Implicated in Fraudulent Timber Import Deal

A 67-year-old Singapore citizen was arrested in India on 22 April 2025 for his alleged involvement in a timber import

Woori Bank Subsidiary Investigating Confirmed Fraud Allegations

Following Woori Bank’s publication of a financial incident disclosure that its subsidiary in Indonesia has confirmed fraud allegations involving

Choksi Arrested, but Extradition to India on Hold

Following a request from India for Mehul Choksi’s extradition, Belgium arrested the fugitive former diamond trader on 12 April

Former Sri Lankan Official Arrested for Unauthorized LC Use

A former Additional Secretary to Sri Lanka’s Agriculture State Ministry is facing charges in connection with an alleged financial

P&R Containers Operated outside Regulatory Radar

India’s CBI Seeks to Unravel Fraud Allegations in 2017 Case

India’s Central Bureau of Investigation (CBI) is looking into alleged collusion in a case initiated in 2017 relating to

Indian Cases: Often Misunderstood and Misreported

Having seen your recent installment of DCW Scam Survey covering Indian cases (Indian Importer, Officials Booked for Cheating Tied to

P&R Containers’ Reputation, Business Habits Masked EUR 3 Billion Shell Game

P&R Containers was not a run-of-mill investment scam. And that contributed heavily in making it one of Germany’

Customs Evasion Rampant, Says Dhaka Tribune

Coal and stone imports from India coming into Bangladesh’s Sonahat Land Port and Chilmari River Port are being misdeclared

Bangladesh Police Allege LCs Used in Massive Money Laundering Effort

A Bangladesh businessman arrested in August 2024 and jailed following the ousting of former prime minister Sheikh Hasina for whom

NASSA Group, Exim Bank Head Implicated in USD 1.5 Billion TBML Scheme

Nazrul Islam Mazumder, chairman of NASSA Group, a Bangladesh conglomerate active in the apparel, banking, and real estate industries, is