What about the S and the G in ESG?

It became a modern trend in the financial sector that each organization likes to provide sophisticated wordings about the importance of sustainable finance and the application of Environmental, Social, and Governance (ESG) criteria in their day to day business and asset allocation. Above all big banks and financial institutions heavily publish about their high ESG […]

HSBC – a dirty bank as an accomplice of big style Cybercriminals!

HSBC Die Skandalbank ARTE

EFRI, an association based in Vienna, Austria, set up in spring 2020, by now represents more than 1,052 European consumers who were defrauded by cybercriminals. As of writing the victims lost over EUR 59.2 million in the form of investment scams also referred to as boiler room scams.  HSBC, one of the world’s largest banks, […]

Hong Kong – a great place for scammers!

Amid the COVID-19 pandemics dozens of millions of people are locked down in their home office or must apply social distancing rules. Hence, their social activities are limited to social media and messenger services. The perfect environment for financial fraud which is right now reaching new dimensions. Acting cross-border is definitely an important part of […]