It cannot be over-emphasized that the UBO information held in “controlled” transparent systems, like the one in the BVI, is of very great investigative value.
Many of us who operate in the Caribbean are not surprised by ConocoPhillips’ move to seize assets from Venezuela’s state oil company.
The ACFE’s new report reveals overall losses to fraud of $7 billion+, with an incredible 22% of frauds accounting for losses in excess of $1 million.
There are blue chip passports out there which are worth their weight in gold to those whose passports would usually red-flag them as being a potential risk.
Some online frauds are so simple to execute it questions why criminals would even consider robbing a bank. A shocking report this month revealed that 99% of all cybercriminals escaped justice in the UK. This is a staggering figure and paints a gloomy picture for those victims falling foul of online scams. The country’s top […]
The news earlier this month that Google was to follow Facebook and ban all ads for cryptocurrencies wasn’t entirely unexpected. However, it did say much about the way such innovative technology is being misused. The UK comedian and U.S. TV host John Oliver of Last Week Tonight fame, sought to explaincryptocurrencies on his show recently. […]
As if to prove my point that open/public company ownership registers are only as good as the information declared and recorded, news broke last month that a UK office block was home to more than 100 potentially shady companies listed there. The building holding all these companies is a small office block located in the […]
The European Union needs to confront the cancer of corruption before more brave journalists are murdered
Investigative journalists probing fraud and corruption in Malta and Slovakia have been assassinated in recent weeks. Barely a few months after the assassination of Maltese journalist, Daphne Caruana Galizia, news of another journalistic assassination is breaking from Slovakia. I have commented previously on the Galizia murder, and was not expecting this sinister trait to continue. […]
Unless active steps are taken by law enforcement, by building and deploying multi-disciplinary teams of asset recovery professionals, the list of wilful defaulters will increase On December 31, 2016, Finance Minister Arun Jaitley informed Parliament that there was a total of 9,130 wilful defaulters who collectively owed banks in the region of Rs 91,155 crore […]
Martin Kenney Portugal enacts UBO and central comany registers