In recent days, the UK and US authorities have caught up on the criminal activities of Chen "Vincent" Zhi, the Chairman and founder of the Prince Group . The case reveals a troubling mix of property linked to crypto scams, human trafficking, and money laundering. For professionals in Anti-Money Laundering (AML) and scam prevention, understanding this case is essential as it unfolds over the coming weeks. The Prince Group, under Chen Zhi's direction, has ties to forced labor a

Scams - when is it ok for banks to say “no” to a customer payment instruction? The story attached ⬇️ is a good case study of the...

You'll have no doubt heard that lots of scams start on social media (around 75% according to  UK Finance ). It's a regular complaint we...

The average annual income of Cambodia is $1,800, yet there is a booming market for supercars driven, in-part, by vast profits from scams When I visited Cambodia earlier this year to take a look at scam compounds, I was struck by the vast number of supercars on the streets of Phnom Penh. Millions and millions of dollars of luxury vehicles being driven around, and for also sale. Watch my latest video below:

May 2025: People are being trafficked and held prisoner in scam compounds in Cambodia and other South East Asian countries, and being...

How   Google   profits from card fraud (case study) As UK Finance’s latest annual fraud report shows, APP Fraud is down, Remote Purchase...

The little known UK scam refund loophole that triggered a landslide of FOS complaints… The new scam refund rules from the Payment Systems...

https://www.bankinfosecurity.com/speed-vs-security-digi-bank-dilemma-a-27875 "Everything is fine until there is a significant problem ......

https://creators.spotify.com/pod/show/ephemeral-security/episodes/Jason-Costain---Fraud-Defense-with-Javloc-e30mn29/a-abrqb7f Listen to...

This is a common refrain from many crypto speculators. By Jason Costain, Javloc.com21 March 2025 In this article, I’ll explain why,...

https://fraudology-podcast.captivate.fm/episode/real-time-fraud-detection-game-changing-strategies-for-banks-with-jason-costain Take a...

UK APP Fraud Benchmarking data and the UK reimbursement regime is beginning to shine a light on who the problem players are The Sunday...

By Jason Costain, January 2025   Mobile banking was a relatively new thing in 2015 - so much so, that fraud loss data wasn’t even...

By Jason Costain, December 2024   Why did they buy a car without seeing it? Why did they invest in something that was too good to be...

By Jason Costain, December 2024   UK Confirmation of Payee (CoP) checks went live in March 2020.   Since then, usage has expanded to now...

By Jason Costain, December 2024   Managing fraud and financial crime teams in a smaller bank or payment service provider can be extremely...

As a proportion of payments sent, TSB's APP losses are the highest of all high street banks, according to the latest figures from the...

Historically, when a customer requested a payment to an account with another bank, it was possible for the sending bank to check with the...

UK Payment Service Providers (PSP's aka Banks and e-Money firms) have created the capability for consumers to send their life savings...

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