fraude

Retail Asia21/04/2022

A lengthy legal battle waged ends in defeat for the Swiss bank and a multi-million dollar wire transfer to a former compliance officer in Chicago. Having exhausted multiple appeals in a defamation suit in the United States, and with no option left other than the Supreme Court, UBS’s business in the U.S. agreed to pay […]

Retail Asia07/04/2022

BlackBerry is no longer in the business of designing and building smartphones and developing apps for them. The company is seeking to settle a lawsuit that claimed BlackBerry committed fraud by pumping up the profitability of its defunct BlackBerry 10 line of phones. Today, a federal judge in Manhattan federal court, at BlackBerry’s request, adjourned […]

Retail Asia04/05/2021

Investment platforms offering quick, handsome profits are mushrooming in Vietnam as fraudsters look to take advantage of gullible social media users. Over 700 reports have recently been filed with HCMC police by thousands who have been tricked by smartphone app Coolcat. The extent of fraud is estimated at VND200 billion ($8.7 million), the police said. This […]

Retail Asia24/09/2020

Disgraced Chinese coffee chain Luckin Coffee, along with more than 40 other firms involved in the deception, has been fined almost US$9 million for falsifying its financial records. According to reporting, China’s finance ministry has previously found Luckin to have booked RMB2.25 billion in sales via counterfeit coupons between April and December last year, as […]

Retail Asia23/03/2020

Muji store parent Ryohin Keikaku has been found to have dodged paying ¥7.5 billion (US$68.3 million) in tax by transferring taxable income to its operations in China, where it runs 256 outlets. The Japanese retailer has been ordered by the courts to pay the required taxes, which have accrued since 2017, as well as around […]

Retail Asia13/12/2016

Interbank network provider Artajasa Pembayaran Elektronis says that the popularity of conventional payment methods in e-commerce has made the sector prone to fraudulent transactions, creating potential obstruction to the growth of e-commerce in Indonesia. Artajasa information technology (IT) and operation director Bayu Anantasena said in Jakarta on Wednesday that fraudulent transactions happened due to the […]

Tag: fraude

UBS U.S. Legal Dispute Ends With a Wire Transfer

BlackBerry seeks to settle suit accusing it of fraudulently pumping up BlackBerry 10 demand

Fraudulent digital apps stalk, rob Vietnamese netizens

Luckin Coffee fined US$9 million for accounting fraude

Muji parent Ryohin Keikaku caught million dollar tax dodge

Fraudulent transactions hitch for e-commerce growth