Search Results for: Research

“Old wine in new bottles”, is how Canada-based Yong Li, advisor, for Canada-based financial crime consultancy The AMLShop, described many recent crypto-frauds.

Sam Bankman-Fried scheduled for sentencing on March 28 (2024) over crimes committed when running cryptocurrency exchange and crypto hedge fund FTX Trading Ltd, was in November (2023) convicted over two counts of wire fraud conspiracy, two counts of wire fraud, and one count of conspiracy to commit money laundering (1).…

Psychologists and academics have long tried to identify the personality types and disorders common among fraudsters, in part to aid their detection, or prevent people prone to deceit from having access to money and confidential information.

While fraudsters span all kinds of personality types, papers continue to be released, indicating that many high-profile fraudsters have personality traits identified as psychological red flags by experts.…

The stark differences in higher education capacity between richer and less developed countries was highlighted at the International Association of University Presidents’ (IAUP) latest semi-annual meeting. Staged at Nottingham Trent University, in England’s East Midlands on Friday (March 8), delegates heard how in Uganda, with a population of 47.2 million (World Bank data for 2022), there are only 60 higher education institutions, of which only 20 meet international standards.…

While crypto-currency-based fraud is often just a variant of scams committed using fiat currency, the increasing complexity of virtual money and asset-based systems also offer fresh opportunities for criminals to use deception to make money.

With former crypto-currency tycoon Sam Bankman-Fried scheduled for sentencing on March 28 over crimes committed when running cryptocurrency exchange and crypto hedge fund FTX Trading Ltd, the profile of crypto-fraud will be heightened worldwide.…

Students and lecturers in Guinea-Bissau have been protesting against their new government firing educational directors and a rector, and their replacements – leading a higher education sector that has been accused of being mired in graft and inefficiency.

Guinea-Bissau’s ministry of the interior and public order formally banned all public demonstrations across the country on January 15, but anger is simmering over the sackings and a refusal to pay lecturers the new government say have not been properly registered, and sometimes are not teaching at all.…

The European Association of Sugar Manufacturers (CEFS) have joined with five other European food industry associations to press the European Union (EU) to protect the EU sugar and honey industries against large import flows from Ukraine. Because of Russia’s invasion, Ukraine’s ability to service traditional markets has been impeded – with significant amounts of product entering the EU instead.…

Indonesia’s textile and garment sector, a key pillar of the country’s economy and a major employer, is hoping for more attention and support from the incoming new Indonesian government, as it faces challenges from illegal imports, excessive costs and global instability, industry associations have said.…

Digital textile printing has been growing significantly in popularity and demand within the Indonesian clothing and textile sector, Rizal Tanzil, the secretary-general of the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia). Speaking to Digital Textile, he stressed that it offered more flexibility and customisation for a wide range of textile applications, such as clothing, bags, hats and accessories.…

Chinese brands selling knitwear and other apparel are thriving overseas, thanks to aggressive expansion policies tapping into young consumers’ desire for fashionable, yet affordable, fast fashion. Following the example of now Singapore-based fast fashion retail giant Shein, which reported revenue of USD23 billion in 2022 and until that year was based in Nanjing, Jiangsu province, China, Chinese clothing companies are looking to foreign markets to maintain strong growth.…

A joint study by the World Bank, the Ukrainian government, the European Union (EU), and the UN has concluded that, as of February 2024, 21% of Ukraine higher education institutions have been damaged or destroyed during the ongoing Russian invasion. For research institutions, the rate rises to 31%.…