Foreign exchange fraud: A lesson in foreign exchange fraud

Foreign exchange funds are not easy to get and difficult to hide.But they are valuable.Here’s what you need to know.1.What is foreign exchange?Foreign exchange is a form of currency.They are used to buy goods and services in a wide range of countries, including countries with poor economies.Foreign exchange can be exchanged for cash or credit.They’re […]

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Japanese officials confirm $20M in ‘bundled’ payments to foreign entities

Japanese officials say they will allow the country’s foreign exchange unit to borrow money to pay for a $20 million bond issued by Japanese central bank in September, a move that would allow it to buy foreign exchange reserves at low interest rates.The bank on Wednesday announced that it had pledged to borrow $15.5 million […]

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