Tag: scam

When the Hong Kong subsidiary of a US firm gets phished for $47 million, treasurers laugh, then check their control processes.

When the Hong Kong subsidiary of a US firm gets phished for $47 million, treasurers laugh, then check their control processes.

The country’s most recent import/export data indicates the old trade scam of over-invoicing is creeping back.

China’s central bank was the primary cause for the interbank lending spike, but "fake trading" precipitated the problem.