Risk, Fraud & Security

American financiers say Bankim Brahmbhatt fabricated accounts receivable at Broadband Telecom and Bridgevoice, two of the telcos belonging to Bankai Group.

IRL was once valued at USD1.2bn but founder and CEO Abraham Shafi now faces a potential 20-year prison sentence for lying about paying users to download his app.

The fake base station was carried by hand and its broadcast range was reduced to make it harder to locate.

Rogue radio communications devices are seemingly everywhere these days.

The number of Koreans kidnapped in Cambodia has risen by a factor of 20 in less than two years.

The drivers were unknown to each other. Police said they worked for a gang which had 'compartmentalized' its operations.

Multiple European police forces contributed to the investigation. They described crimes committed using these simboxes in a matter-of-fact style that contrasted with melodramatic guff spread after a big simbox bust in New York.

A place with many people but no network coverage is an ideal location to transmit fraudulent messages. Kong Ji Chen was arrested because he behaved suspiciously in one of London's busiest underground stations.

A suspected bomb in a car driven by a woman named Zoé led to a Chinese arms dealer with a Peruvian driving license, and then to much more.

China is aggressively tackling the root source of heinous scam crimes while most other countries only talk about it.

Italian, Irish and Spanish authorities have recently mentioned the blocking of many scam calls. However, Endre Syvertsen of Telenor Linx warned that blocking is not enough.

There is also news about Brazil training teams to locate SMS blasters and research for China's Supreme Court revealed a loophole in their laws.