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Two trade-show fraudsters have received jail sentences after Customs caught them selling fake goods at the Hong Kong Convention & Exhibition Centre. A person in charge of an exhibition booth and a salesperson were sentenced to three months’ imprisonment and…
In an effort to stop spammers from taking over Twitter, the social media app is limiting the number of followers that can be added to an account on a single day. Previously that number was 1,000 and a tweet from the Twitter Safety account reveals that the new…
Juniper Research is forecasting that total operator revenues from A2P (Application-to-Person) messaging services will reach $62 billion by 2023, up from $43 billion in 2019. This represents a growth of 42% over the next 4 years. The research firm also claimed…
A family of swindlers who stole more than HK$40 million (US$5 million) from cosmetics retailer Bonjour have been imprisoned for their crimes. The highest sentence of 11 years behind bars was dealt out to the Bonjour fraud scheme ringleader Kiu Mei-ling, 64, a…
A former ANZ Bank employee will be tried for allegedly falsifying customers’ signatures and misappropriating over VND91.3 billion ($4 million). Ho Chi Minh prosecutors have submitted to the court an indictment against Nguyen Pham Gia Tho, a former employee of…
An unidentified third-party has breached Kathmandu’s website and potentially accessed customers’ personal information and payment details, the outdoor retailer revealed on Wednesday. The business was alerted to the breach, which took place between January 8…
Increasingly complex card-not-present fraud will cost retailers US$130 billion globally in digital sales over the next five years. A Juniper Research study predicts that retailers’ slow pace in keeping up with new fraud prevention requirements will allow…
Grab and Go-Jek, two of Southeast Asia’s biggest technology startups, have successfully grown their food delivery and ride-hailing services, but both must pay special attention to better detection of fraudulent orders, a recent study by Spire Research and…
Increasingly complex card-not-present fraud will cost retailers US$130 billion globally in digital sales over the next five years. A Juniper Research study predicts that retailers’ slow pace in keeping up with new fraud prevention requirements will allow…
The state auditing agency says Unilever Vietnam should pay over $25 million in back taxes for the 2009- 2013 period. Speaking at a National Assembly session on the draft bill on Tax Administration, State Auditor General Ho Duc Phoc pointed to the…
Lotte Group Chairman Shin Dong-bin returned to the office on Monday, getting back to work immediately to resolve issues that were put on hold while he was imprisoned until Oct. 5. Shin was spotted heading to his office on the 18th floor of Lotte World Tower…
As more South Korean consumers opt to make online purchases through overseas websites, complaints related to direct foreign purchases are also rising. A 305 per cent rise in complaints last year has been noted by the Korea Consumer Agency’s Cross Border…
A supplier then owned by Walgreen Boots Alliance, BCM Specials, charged extortionate amounts to the health service for 500ml tubs of skin cream in 2016. A swathe of similar cases has been revealed whereby the NHS has been charged excessive prices for drugs…
Nokia Bell Labs has announced the first successful demonstration of ultra-low latency 10G passive optical networks (PON) for mobile fronthaul. In the demonstration, Nokia Bell Labs showed how it is possible to use a commercial next-generation PON to transport…
Swan Mobile, a Slovak telecommunications service provider, has selected Subex to provide its ROC Fraud Management Solution. As part of the implementation, Subex’s ROC Fraud Management will cover Voice, SMS and mobile data services for pre-paid and post-paid…
OSS/BSS vendor Oculeus has introduced real-time traffic fraud blocking capabilities to its Oculeus Anti-Fraud offering. The new capabilities are designed to eliminate or significantly reduce revenue losses caused by fraudulent traffic by conducting the fraud…
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