Business News
Police Bust Fake Investment Syndicate, Arrest 21 Foreign Nationals
Four Malaysian companies received six approvals for ARM technology, enhancing local innovation and positioning in the semiconductor market.
Category: Scams
Scams
How Was The Alleged Scam Kingpin Chen Zhi Extradited to China Amid Border Tensions
Cambodia extradites scam-linked businessman Chen Zhi to China following US sanctions and ceasefire with Thailand, highlighting anti-fraud diplomatic leverage.
Scams
China Warns Cambodia: Disappearances of Chinese Nationals Threaten Bilateral Ties
Chinese embassy urges Cambodia to crack down on scam compounds after citizen disappearances
Scams
Wanita Konsultan Rugi RM690,500 Dalam Penipuan Pelaburan Online TikTok
Konsultan wanita 71 tahun ditipu RM690,500 selepas melabur melalui app QNTCX dipromosikan di TikTok.
Scams
Thai Police Arrest, Huang, A Chinese Scam Suspect Using Fake Mexican Passport
Immigration officers arrest wanted Chinese scam mastermind Huang at Suvarnabhumi Airport moments before escape on fake Mexican passport.
Corruption
The Coin Laundry investigation by ICIJ Exposes A Global Scam
The Coin Laundry investigation by ICIJ Exposes A Global Scam
Fraud
Do Kwon Sentenced to 15 Years for $40bn Terra-Luna Crypto Fraud
Terraform Labs co-founder Do Kwon jailed 15 years in US for “epic” fraud that wiped out $40bn in 2022 crash.
Singapore
Cloned restaurant website steals credit card information in Singapore
Scammers clone LeVeL33 website, trick diners into entering card details; charges up to $2,000 blocked, police probing.
Scams
Malaysia records RM2.7bil losses from 67,735 online scams in 11 months
PDRM: Investment scams top losses at RM1.37bil; telco fraud leads cases with 28,698 reports Jan–Nov 2025.
Scams
Heavily Pregnant DBS Staffer Saves Elderly Woman from Losing S$200K to Scammers
38-week pregnant bank officer stops S$190k cash withdrawal, thwarts impersonation scam targeting 70-year-old customer.
Crime
Korean Father-Son Loan Ring Targeting Migrant Workers Dismantled
Busan police dismantled an illegal loan syndicate exploiting migrant workers with extreme interest rates and fraud, arresting key members and freezing assets.
Scams
MACC Calls 16 Individuals as Probe Widens Into RTK Foreign Worker Bribe Scheme
Sixteen people have been summoned as SPRM expands its investigation into bribery linked to speeding up RTK foreign worker approvals.
Workplace
Jobstreet by SEEK Flags Rising Job Scams and Boosts Fraud-Prevention Systems
Jobstreet by SEEK warns of increasingly complex job scams in Malaysia and expands fraud-prevention systems to protect jobseekers nationwide.
World Business News
Two Singaporeans Deported from Thailand and Cambodia Charged Over Transnational Scam Operations
Two Singaporean men were charged after being deported from Thailand and Cambodia for alleged roles in transnational scam syndicates.
Scams
Meta Rejects Claims of Profiting from Scam Ads, Calls Reports “Selective View”
Meta defends anti-scam measures after reports allege billions in revenue from fraudulent ads, with MCMC launching investigation.
Crime
TikTok Job Scam: Malaysians Duped into Becoming Drug Mules with Promises of High Pay
Four Malaysians were arrested for allegedly trying to smuggle 86kg of cannabis worth RM8.3 million from Penang to Manchester. TikTok Jobs Scam!