by Red Scribble | Jan 9, 2026 | Integrity
The ContextUS$15 billion in bitcoin sits in US custody. The individual at the centre of the associated fraud, Chen Zhi, was extradited from Cambodia to China in January 2026. The US Department of Justice unsealed its indictment in October 2025, alleging a global fraud...
by Red Scribble | Jan 9, 2026 | Integrity
The ContextOn 8 January 2026, a Paris court approved a €267.5 million settlement with HSBC France. The bank paid to resolve a criminal and civil investigation into its alleged role in ‘CumCum’ dividend tax fraud schemes from 2014 to 2019. The settlement...
by Red Scribble | Jan 9, 2026 | Integrity
The Context A cybercriminal group called “Kazu” accessed the ‘My Health Documents’ module of the ManageMyHealth platform in late December 2025. They stole over 400,000 sensitive health documents—referrals, test results, discharge summaries—and...
by Red Scribble | Jan 9, 2026 | Governance
The ContextThe High Court in Christchurch placed six Chance Voight entities into interim liquidation on 10 December 2025. The trigger was a $6.5 million related-party loan, disclosed by a former employee. The Financial Markets Authority (FMA) issued four compulsory...
by Red Scribble | Jan 9, 2026 | Integrity
The Settlement: A Blueprint for LiabilityA €268 million fine for a French bank is a direct warning to every director in New Zealand. The law does not respect borders.The ContextOn 8 January 2026, the Paris court approved a settlement of €267.5-268 million (approx....