Peter Coleman provides a fascinating view of telecom fraud, why not all of it is external and what forensic fraud entails. Watch his video here.
I was recently asked to do some due diligence on an association that was giving out Business Excellence Awards. My client was advised that they had been nominated by their industry peers and experts for the award, or at least to be considered for the award. The catch, winning the award had a minimum $10,000 price tag. For this you got a certificate and one seat at the awards dinner. For $100,000 you got your somewhat more elegant glass carved award from a member of “a” royal family. Lets not dwell on which alleged royal family or which country or region this might be in as these sham/scam awards happen everywhere. There were also awards being given by “Ministers” of certain governments and alleged business leaders from all over the place, most of whom seems to have some ongoing connection with the organisation. (more…)
On 18 January 2018, Hubbis hosted the 6th annual Compliance in Asian Wealth Management Forum in Singapore. The event was attended by more than 375 CEOs and COOs and other senior compliance officers, from a mix of local and international Private Banks, Retail Banks, Insurance Companies, Independent Firms & Family Offices, Asset Management Companies, and IFAs.
During this event, Peter Coleman, Director and Founder of Aegis Interaktif Asia, spoke on a variety of topics including Multi Jurisdiction Litigation and Investigations.
The details of the event can be downloaded by clicking here.
SINGAPORE – Singapore has not lost its reputation for fighting graft despite a spate of high-profile corruption cases in recent months, says a new report.
In fact, the convincing way in which the courts prosecute such cases shows that the country’s renown for being tough on malfeasance is deserved, said the Hong Kong-based Political and Economic Risk Consultancy (Perc).
Perc, which advises companies on doing business in Asia, still scores Singapore higher than other Asian countries in its assessment of corruption. It said the high score reflects the way corruption is dealt with systematically here and how steps are taken to discourage it in the first place.
However, Perc raised its grade assessment of “cultural risks”, given the continuing debate over the extent of foreigners being allowed to come here to work. (more…)