Q3 2025 CPD Certificates Available
DCW members earn CPD credit each quarter. Following the first certificate released earlier this year, your Q3 2025 certificate is
2 min read
After US federal government agencies warned that “prime bank” instruments lacked legitimate use in the mid-1990s and the US Securities and Exchange Commission (SEC) bluntly stated that all “prime bank” investment programs are fraudulent, scams of this nature have dropped off precipitously over the last decade. From time to time however, unscrupulous individuals will dust off past schemes and repackage them in an attempt to dupe investors.
Read next
DCW Updates
Judgments Issued in Massive Fraudulent Nickel-Trading Scheme
In two judgments issued concurrently on 29 July 2025, the High Court of Singapore has ordered nine former employees of
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.
DCW Scam Survey
Zimbabwe Businessman Loses Funds in Standby LC Investment Scheme
Although not near as commonplace as in the 1990s, standby letters of credit are still being pitched as investment instruments.
DCW Scam Survey
Securities Commission Issues Order against Operator of Ponzi-like Scheme
In its Decision, Re Cawaling (2025 ABASC 96), the Alberta (Canada) Securities Commission (ASC) has permanently banned a Calgary resident