October 2025
DCW Monthly: October 2025
From digital trade to defense finance, this month we're looking at how law and policy continue to evolve
DCW Scam Survey
Three Sentenced to Prison in Standby LC Scam
Roy Johannes Gillar of Las Vegas, Harold Mignott of Voorhees, New Jersey, and Jerrid Douglas, of Freehold, New Jersey received prison sentences of six years, three years, and 45 months respectively, for their actions in a USD 1 million “upfront-fee” scheme which defrauded victims.
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DCW Updates
Ugandan Bank Entitled to Recover through Properties Sale
The High Court in Kampala (Uganda) upheld an appellate court decision on 25 July 2025 that Equity Bank lawfully sold
DCW Scam Survey
Group Accused of Duping Indian Pharma Trader with Fake LC
Six owners and associates of Prizam Alliance Pvt Ltd. of Surat, India, are under investigation by the Economic Crime Prevention
DCW Updates
Forged LC Case Underscores Need for Due Diligence
Shockwaves went through the reinsurance industry when reports surfaced in July 2023 that employees of the Israeli insurtech Vesttoo Ltd.
DCW Scam Survey
Man Extradited to US to Face Host of Fraud Charges
A Nigerian man believed to have conspired with others to pursue fraudulent tax return refunds of at least USD 8.