fraud

Anwar Cited as Witness in RM30 Million Lawsuit Against Vinod Sekhar

Prime Minister Anwar Ibrahim has been subpoenaed to testify in a RM30 million civil lawsuit involving alleged investment fraud against…

2 months ago

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.

4 months ago

The People Problem: Why Cybersecurity Starts with Your Staff

Human error remains Malaysia’s top cyber risk as rising fraud cases, burnout, and alert overload undermine growing cybersecurity investments in…

4 months ago

Singapore PM Vows Stringent Crackdown on Illicit Wealth Amid High-Net-Worth Influx

Singapore will enforce strict measures against illicit money, balancing its attraction of wealthy foreigners with the nation’s egalitarian values.

4 months ago

Malaysian-Born Ex-CEO Accused of Embezzling US$700 Million to Fund Lavish Lifestyle

Patrick James, Malaysian-born ex-CEO of First Brands, accused of siphoning company funds for luxury homes, cars, and private indulgences.

5 months ago

Malaysian, Singaporean Among 24 Arrested in Thailand in Crackdown on Scam Syndicate

Thai police arrested 24 suspected scam syndicate members from Myanmar, including Malaysian and Singaporean nationals, tracking their refuge in Thailand.

5 months ago

Malaysian Fixer Admits Money Laundering in UK Cryptocurrency Scam Case

Hok Seng Ling pleads guilty to laundering funds for massive Bitcoin scam, as UK authorities pursue £16.2 million recovery.

6 months ago

MACC Freezes RM70mil in Bank Accounts in Major Tyre Smuggling Crackdown

MACC’s Ops Grip freezes RM70mil in accounts, seizes 17,672 tyres, and investigates syndicate linked to RM350mil tax revenue loss.

6 months ago

Singaporean Pleads Guilty in US$537,000 AI Trading Scam

Singaporean Ong Kai Min admitted cheating investors in fake AI trading scheme, causing US$537,000 losses; sentencing set for September 19

7 months ago

Malaysia Secures RM1.4 Billion Settlement with JPMorganChase Over 1MDB Claims

Malaysia and JPMorganChase reached a RM1.4b settlement, resolving all historic and future 1MDB claims, with both parties withdrawing pending appeals.

7 months ago

Generative AI: A Double-Edged Sword Against Fraud

As the world observes International Fraud Awareness Week, SAS, an AI and analytics firm, highlights the growing impact of generative…

2 years ago

CTOS IDGuard Stops RM193m Fraudulent Credit Applications

Having screened over 4.2 million applications in its first 24 months of operation, CTOS IDGuard, Malaysia and Southeast Asia’s first…

3 years ago

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