fraud TM Forum Tag List

Pssst, wanna buy some Lindens? How about some virtual gold? Hundi and Hawala have great conversion rates just now, don’t miss out! Welcome to the exciting new world of virtual money laundering. In case you are not aware, Linden dollars and virtual gold are types of online gaming ‘currency’ that can be acquired with real money on the open market. And, wherever there is the chance to move money around unchecked, the money launderers will be on board before you know it. A report emanating...

Recent news that a China Mobile executive had been tracked down and detained by the company after going missing with hundreds of millions of yuan and at Magyar Telekom in Hungary that four consulting contracts entered into in 2005 were later found to serve ‘improper objectives’ raises concerns about a little discussed topic - internal fraud. In the China Mobile case, the executive, Li Xiangdong, was based in the southwestern Sichuan province and he was the in charge of China Mobile’s centralized...