Mizuho Corporate Global are committed to promoting fair and transparent financial markets. By alerting our clients to potential threats they may face, we aim to contribute to a sustainable global financial system.

Financial crime

The term 'financial crime' covers a wide range of criminal offences which are generally international in nature.

Closely connected to cybercrime, financial crimes are often committed via the Internet and have a major impact on the international banking and financial sectors – both official and alternative.

Financial crimes affect individuals, companies, organisations and even nations and have a negative impact on the entire economic and social system through the considerable loss of money incurred.

For more information please contact: [email protected]

If you feel you have been the victim of a financial crime, and you are an existing client, please email our legal department on the address listed above, providing as much detail as possible and we will forward your information on a confidential basis, to the relevant authorities.


Refund and Recovery Scams

Advance fee frauds ask for payments to be made to recover or assist in recovering any losses you may or may not have incurred, up front before the deal can go through. The advance payment may be described as a fee for a report, tax, commission, or incidental expense that will be repaid later.

Some advance fee schemes target investors who already purchased legitimate securities that may simply have underperformed, or be in an asset class with a specialised market, and offer to sell those securities if an “advance fee” is paid.

How the Scams Work

Many consumers might not know if they have been a victim of a fraudulent activity or not. It is this fear of loss that makes the scam works. By creating an internet presence, with many companies listed – both fraudulent and legitimate – and by posting many comments from ‘investors’ in the comments section saying that they have been scammed by a bogus prize promotion, phony charity drive, fraudulent business opportunity or other scam, they create the impression of legitimacy. These scammers lie when they promise that, for a fee or a donation to a specific charity, they will recover the money you lost, or the prize or product you never received. They use a variety of lies to add credibility to their pitch: some claim to represent companies or government agencies; some say they're holding money for you; and others offer to file necessary complaint paperwork with government agencies on your behalf. Still others claim they can get your name at the top of a list for victim reimbursement.

There are some federal and local government agencies and consumer organizations that help people who have lost money, however they do not charge a fee. Nor do they guarantee to get your money back, or give special preference to anyone who files a formal complaint.

Seeing Through a Recovery Scam

Here are some tips to help you avoid losing money to a recovery scam:

  • Don't believe any website offering to recover money, merchandise, or prizes if you have to pay a fee in advance.
  • If someone claims to represent a government agency that will recover your lost money, merchandise, or prizes for a fee or a donation to a charity, report them immediately. Local consumer protection agencies and nonprofit organizations do not charge for their services.
  • Don't give out your credit card or checking account numbers in an attempt to recover money you have lost or a prize you never received.

Social Engineering Fraud

‘Social engineering fraud’ is a broad term that refers to the scams used by criminals to trick, deceive and manipulate their victims into giving out confidential information and funds. Criminals exploit a person’s trust in order to find out their banking details, passwords or other personal data.

Scams are carried out online – for example, by email or through social networking sites – by telephone, or even in person.

Who is targeted?

Everyone! Elderly people are especially vulnerable, but people of all ages, in all countries, from all backgrounds are at risk. We all need to be alert to the dangers of social engineering fraud, both in our personal and professional lives, and to take the necessary precautions.

Why do people let themselves get tricked?

Social engineering techniques are becoming extremely sophisticated and messages often appear to be very professional. The criminals know how to manipulate people and can be very convincing. Criminals exploit a person’s trust or their willingness to help others, or simply use intimidation to achieve their results.