Archive | May 2016

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Krebs Daily Briefing 31 May 2016

International Panama Papers May Inspire More Big Leaks, if Not Reform WASHINGTON — In recent days, Sri Lanka, Zimbabwe and South Africa joined the growing list of countries hunting down tax evaders among citizens who own offshore accounts. The French bank BNP Paribas said it would shut its Cayman Islands branch. In Pakistan, a cricketer turned politician who had attacked the prime […]

Krebs Daily Briefing 27 May 2016

International U.S. Troops 18 Miles from ISIS Capital FATISAH, Syria — Ever since U.S. President Barack Obama decided to send 250 more Special Forces to the Syrian battlefield against the so-called Islamic State, they’ve been easy to spot on the front lines in Hasakah, Tisreen Dam, and near Raqqa, the capital of the “caliphate” that’s […]

Krebs Daily Briefing 26 May 2016

International How an industry helps Chinese students cheat their way into and through U.S. colleges IOWA CITY, Iowa – The advertisements were tailored for Chinese college students far from home, struggling with the English language and an unfamiliar culture. Coaching services peppered the students with emails and chat messages in Chinese, offering to help foreign […]

Krebs Daily Briefing 25 May 2016

International Egypt’s Long History of Air-Disaster Denial I rely on God.” That’s what Gameel Al-Batouti, the co-pilot of EgyptAir Flight 990, repeated — 11 times in Arabic — before the aircraft he was operating mysteriously plunged into the icy waters of the Atlantic Ocean off the coast of Massachusetts on Oct. 31, 1999. That audio, […]

Krebs Daily Briefing 24 May 2016

International Deutsche Bank Post-Crisis Mortgage Positions Probed by SEC The U.S. Securities and Exchange Commission is investigating whether Deutsche Bank AG inflated the value of securities in its mortgage-bond trading business and masked losses around 2013, according to people with knowledge of the matter. Investigators are looking at positions overseen by Troy Dixon, who at the time […]