Malaysia's freshest news, trending stories and local buzz.
Liechtenstein's government is investigating a significant cyber-attack on its confidential registry of beneficial owners, affecting data on approximately 31,000 foundations and trusts registered in the wealthy Alpine principality.
A financial fraud investigator in the 1MDB case has acknowledged he did not verify whether the US$620 million that Najib Razak returned was properly accounted for or diverted, raising questions about investigation thoroughness.
Tan Sri Muhammad Shafee Abdullah, representing former Prime Minister Datuk Seri Najib Razak, pressed a key investigator on investigative shortcomings in the 1Malaysia Development Bhd scandal, focusing on unaccounted funds.
Financial institutions must adopt intelligent, data-driven compliance systems to combat increasingly digital and borderless financial crime, the Labuan Financial Services Authority warns.
1MDB has initiated a civil lawsuit against former Prime Minister Najib Razak, seeking US$5.64 billion in damages. The fund alleges Najib orchestrated fraudulent transactions resulting in RM51.4 billion in losses, with assistance from fugitive financier Jho Low.
The 1Malaysia Development Bhd has launched a civil lawsuit against former Prime Minister Najib Razak, accusing him of orchestrating a systematic fraud that depleted the state fund of approximately RM51.4 billion through abuse of his executive authority.
South Korean authorities have charged eight individuals, including six business journalists, with orchestrating an elaborate stock price manipulation scheme that generated more than 9 billion won in illicit profits between 2020 and 2024.
American authorities have uncovered a sophisticated international fraud ring impersonating the IRS to drain cryptocurrency accounts. The scheme uses official-looking letters with QR codes directing victims to fake government websites.
Three company directors have been charged in Shah Alam with money laundering and misappropriation of funds totalling millions of ringgit allegedly diverted from NGO accounts, raising fresh concerns about governance in the non-profit sector.
Malaysia's Royal Commission of Inquiry into Tabung Haji has called for decisive government action on multiple police reports and complaints spanning 2014 to 2020, covering allegations of fund misuse, asset sales irregularities, and financial misrepresentation.
A 25-year-old part-time Grab driver is being prosecuted for allegedly orchestrating a fake kidnapping to extort RM30,000 from his family while struggling with mounting loan shark debts.
A former unit trust consultant has been convicted and sentenced to 18 months imprisonment plus a RM2 million fine for perpetrating investment fraud against clients.
The Malaysian Anti-Corruption Commission has broadened its investigation into Kumpulan Wang Persaraan Pilgrim Malaysia (KWAP) investments beyond domestic borders, now examining transactions in Dubai, Singapore and Indonesia with international legal cooperation.
A former bank analyst has been jailed for three years after being convicted of conducting unlicensed securities activities and misusing professional credentials, marking an enforcement action by Malaysia's Securities Commission.
Authorities at Miri airport have detained a foreign national sought by Brunei for allegedly orchestrating ATM skimming operations targeting financial institutions across the sultanate.
Argentina's football association has rejected reports that its president Claudio Tapia was summoned by US courts, though it confirmed a third party was called to testify about AFA-linked contracts under investigation.
Nine Chinese nationals appeared in magistrate's court in Balik Pulau, Penang, after being charged with conspiracy linked to an alleged romance scam operation.
The Malaysian Anti-Corruption Commission has arrested an NGO's secretary and treasurer on suspicion of laundering RM5 million. The case highlights ongoing concerns about financial oversight within civil society organisations.
The president of a Sabah-based non-profit organisation has been arrested by the Malaysian Anti-Corruption Commission over allegations of misappropriating RM2 million in public funds designated for building a cultural facility.
Datin Seri Zizie Izette Abdul Samad appeared at Kuala Lumpur Court Complex on July 20 to receive the verdict in her RM2.8 million corruption abetment case, marking a significant moment in Malaysia's ongoing anti-corruption proceedings.
Malaysia has recovered over USD1.37 billion in assets linked to 1MDB misappropriation from the United States, with additional substantial sums remaining frozen or subject to forfeiture proceedings internationally.
A Singapore corporate services provider has been sentenced to 32 weeks' jail for fabricating financial records to help foreign nationals hide illicit money flows. Wang Junjie's case exposes vulnerabilities in corporate oversight that regional regulators are now scrutinizing.
Fertiliser manufacturer Cropmate Bhd announced that the Malaysian Anti-Corruption Commission has lifted freezes on all its bank accounts. The company clarified no personnel have faced charges related to the investigation.
Malaysia's Communications Ministry has removed 457,562 pieces of online gambling content between January and May 2025, with 1,778 gambling websites blocked by internet service providers during the same period.
Authorities in Melaka have arrested 21 Chinese nationals suspected of orchestrating a sophisticated investment fraud operation. The syndicate allegedly deceived victims through false promises of high returns on non-existent investment products.
The Securities Commission has brought charges against three brothers across multiple Kuala Lumpur Sessions Courts for conducting unlicensed capital market operations, marking another crackdown on illegal financial activities.
The Securities Commission Malaysia has charged three brothers with conducting unlicensed securities dealing operations across multiple locations. If convicted, they face fines up to RM10 million or imprisonment for up to 10 years.
A former company director has been handed a five-year prison sentence after conviction for managing funds without proper licensing and money laundering offences spanning 2018 to 2020.
Japanese police have arrested nine people for facilitating illegal online gambling through an underground payment system. The suspects allegedly processed 340 billion yen in wagers for customers accessing overseas casinos from Japan.
Malaysia's Court of Appeal has upheld a RM28 million judgment against Singaporean businessman Chan Cheh Shin, finding he actively promoted fraudulent investment schemes through organised seminars and roadshows.
Indonesia has intensified its fight against online gambling, blocking 3.7 million websites and closing approximately 32,500 bank accounts suspected of facilitating illegal betting since late 2024.
A former civil servant in Kuala Lumpur has been arrested after allegedly submitting false documentation to fraudulently claim approximately RM300,000 in government financial assistance.
Singapore law enforcement participated in Operation First Light 2026, a coordinated Interpol initiative spanning 97 countries that resulted in 5,811 arrests and the interception of US$293 million in illegal funds between January and April.
The Malaysian Anti-Corruption Commission has frozen 14 bank accounts totalling approximately RM1.1 million as part of its investigation into corruption within immigration authorities. The frozen accounts include five corporate entities and nine personal accounts.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23phtcvmg)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23phtcvmp)%22%2F%3E%3Ctext%20x%3D%2250%25%22%20y%3D%2250%25%22%20text-anchor%3D%22middle%22%20dominant-baseline%3D%22central%22%20fill%3D%22rgba(255%2C255%2C255%2C0.95)%22%20font-family%3D%22Georgia%2C%20'Times%20New%20Roman'%2C%20serif%22%20font-weight%3D%22700%22%20font-size%3D%22320%22%20letter-spacing%3D%22-0.02em%22%3EMACC%3C%2Ftext%3E%3C%2Fsvg%3E)
Malaysia's anti-corruption watchdog has begun investigating a US$13 million overseas property acquisition suspected of involving diverted 1MDB funds, marking fresh efforts to recover assets linked to the sprawling financial scandal.
The Malaysian Anti-Corruption Commission is examining a portfolio of overseas luxury properties valued at RM59 million allegedly linked to 1MDB, investigating potential corruption and money laundering offences.
The Malaysian Anti-Corruption Commission is expanding its investigation into high-value property holdings in the United States suspected of being acquired through misappropriated 1MDB funds, with interviews planned for multiple witnesses including a former prime minister's spouse.
Malaysia's Deputy Finance Minister has firmly rejected allegations that fugitive businessman Jho Low entered the country as part of a Chinese delegation to negotiate a 1MDB repayment deal, dismissing media reports of secret talks.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph140drg)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph140drp)%22%2F%3E%3Ctext%20x%3D%2250%25%22%20y%3D%2250%25%22%20text-anchor%3D%22middle%22%20dominant-baseline%3D%22central%22%20fill%3D%22rgba(255%2C255%2C255%2C0.95)%22%20font-family%3D%22Georgia%2C%20'Times%20New%20Roman'%2C%20serif%22%20font-weight%3D%22700%22%20font-size%3D%22272%22%20letter-spacing%3D%22-0.02em%22%3EThree%3C%2Ftext%3E%3C%2Fsvg%3E)
The Malaysian Anti-Corruption Commission has arrested three individuals, including two company directors, in connection with an alleged RM20 million financing scam involving fictitious paddy and rice procurement contracts in Kedah.
Police have arrested three individuals suspected of orchestrating a RM20 million fraud scheme involving the submission of forged documents to a financial institution to secure unauthorised credit.
The Malaysian Anti-Corruption Commission has arrested three individuals, including two company directors, in connection with a scheme involving forged documentation used to fraudulently obtain RM20 million in trade working capital financing for rice operations.
The Malaysian Anti-Corruption Commission has detained three individuals, including two directors from the rice sector, over allegations of submitting forged paperwork to obtain approximately RM20 million in trade working capital financing.
Police have arrested a woman and her two adult children following an investigation into a welfare aid scam that resulted in an elderly woman losing RM8,000 worth of jewellery. The stolen items were recovered from a pawnshop.
A former kindergarten teacher pleaded not guilty in Shah Alam's Sessions Court to three money laundering charges involving RM133,550 in cash and gold jewellery allegedly stemming from illegal sources.
The proprietor of a well-known Geylang porridge establishment faces 30 criminal charges including money laundering and tax evasion spanning nearly a decade. Seized assets include a Lamborghini and over S$2.4 million in cash.
The National Financial Crime Centre has clarified that Tan Sri Azam Baki's membership on its Advisory Board is in his personal capacity and remains separate from his role as MACC chief commissioner.
Opposition Leader Hamzah Zainudin has questioned the government's decision to appoint former MACC chief Azam Baki as an adviser to the National Financial Crime Prevention Centre, citing unresolved corporate and shareholding controversies.
Singapore's High Court has rejected Standard Chartered's attempt to block a US$2.7 billion lawsuit linked to the 1MDB scandal, clearing the way for the case to proceed to trial on allegations of dishonest assistance and anti-money laundering failures.
Former Selangor executive councillor Ronnie Liu has challenged the appropriateness of Tan Sri Azam Baki, the former MACC chief, participating in advisory meetings at the National Financial Crime Prevention Centre.
Singapore's High Court has cleared the way for a US$2.7 billion lawsuit against Standard Chartered to advance to trial, rejecting the bank's attempt to dismiss claims it facilitated 1MDB fund misappropriation.
Nearly 1,700 British investors have launched a High Court lawsuit against cryptocurrency exchange Binance, claiming the platform promoted unregulated financial instruments during 2019-2020 in breach of UK law. Claimants seek £150 million in damages.
A former Singapore bank manager is to be charged with misappropriating nearly S$1.8 million from her employer's vault between 2021 and 2022. Authorities allege she falsified records over 200 times and funnelled funds to an accomplice for gambling activities.
Self-exiled Chinese billionaire Guo Wengui has been sentenced to 30 years in a US federal prison for orchestrating a massive fraud scheme that defrauded over 1,000 investors of hundreds of millions of dollars between 2018 and 2023.
American director Carl Rinsch has been sentenced to prison after being convicted of misappropriating US$11 million that Netflix paid him in 2020 for a science fiction project, instead spending it on luxury goods and speculative investments.
Thai authorities have arrested a 31-year-old Myanmar national at the Mae Sai border crossing for allegedly attempting to smuggle over 23 million baht out of Thailand. The cash was concealed in cartons of dried fish and potatoes.