Hong Kong leader is keeping "piles of cash" in house

Photo: Financial Times

I Do Not Have Bank Account Due To US Sanctions: Hong Kong's Carry Lam

Hong Kong's Chief Executive Carry Lam, in an interview, said that the US-imposed sanctions against her have forced her to use only cash for all transactions. Lam told she did not have any bank account thanks to the sanctions. Moreover, she also labelled the US' actions as "unjustifiable". Earlier, the US put sanctions on Lam and other Hong Kong officials on account of suppressing free speech and in the city.

Sat, 28 Nov 2020 - 05:01 PM / by Archita chakraborty

Tags: Hong Kong, United States, Bank, Carie Lam, China

Courtesy: Guardian News

Online Scam

Photo: News Gram

Bengaluru Woman Duped Over Rs 95,000 By Online Scammer

A Bengaluru-based woman was cheated by an online fraudster who posed as a bank employee and promised to offer new credentials after the victim's bank merged with another one. Reportedly, the victim lost Rs 95,545 to the fraudster. When the woman became dubious after losing money, the scammer stated that the amount is being transferred between the merged banks. However, the victim discovered a foul-play only after she checked with her bank… read-more

Sun, 08 Nov 2020 - 06:25 PM / by Sakshi Amrutkar

Tags: bengaluru, online scam, Cyber Crime, Bank

Courtesy: Deccan Herrald

Czarnecki-Idea Bank

Photo: Business Standard

Poland: Idea Bank Owner Czarnecki Charged for Fraudulent Activities

Polish Justice Minister Zbigniew Ziobro on September 21 stated that the state prosecutors have filed a case against Idea Bank owner and billionaire Leszek Czarnecki for fraudulent activities. Czarnecki is accused of misleading clients while selling bonds. However, Czarnecki's lawyer denied the allegations and called them "ridiculous". The court said that it will review the matter next month. Reportedly, Czarnecki, if convicted, may end up… read-more

Mon, 21 Sep 2020 - 08:00 PM / by Mahadevan K V

Tags: Poland, Bank, Cheating, Idea Bank

Courtesy: Reuters