Sharp, essential news and analysis from Malaysia.
Najib Razak's defence team has challenged the credibility of the lead investigator into 1MDB fund movements, arguing the probe commenced suspiciously after the state investment fund initiated legal action against the former prime minister.
Labuan Financial Services Authority urges institutions to adopt intelligent, data-driven compliance frameworks to combat increasingly sophisticated digital financial crime, emphasizing customer understanding over paperwork.
Datuk Seri Najib Razak's senior counsel mounted vigorous cross-examination of a financial fraud investigator during the 1MDB trial, probing the breadth and depth of inquiries into allegedly missing US$620 million allegedly connected to the former PM.
Malaysia's High Court is examining allegations that former Prime Minister Najib Razak facilitated the betrayal of public trust through the 1MDB scandal, with prosecutors arguing the fund and its subsidiaries systematically defrauded the state of $5.64 billion.
Malaysia's 1Malaysia Development Bhd has launched a civil suit against former Prime Minister Najib Razak, claiming he orchestrated a top-down fraud scheme that cost the state investment fund approximately RM51.4 billion.
South Korean authorities have indicted eight people, including six journalists from a business daily, for allegedly manipulating share prices through strategically timed positive articles and profiting over 9 billion won from the scheme.
Three company directors have been charged at Shah Alam Sessions Court with money laundering and misappropriation of funds worth millions of ringgit belonging to a non-governmental organisation.
The Malaysian Anti-Corruption Commission has set up a dedicated investigation team to scrutinise the Tabung Haji Royal Commission report for corruption, misappropriation, and money laundering involving government officials and executives.
Singapore police have launched an investigation into 255 suspects believed responsible for more than 660 scam cases resulting in approximately $5.6 million in losses. The probe marks the first major operation by the newly established Cyber Command.
A former unit trust consultant has been sentenced to 18 months imprisonment and fined RM2 million for perpetrating investment fraud. The case highlights ongoing vulnerabilities in Malaysia's financial advisory sector.
Anti-corruption authorities in Terengganu have detained three individuals, one a former manager at a frozen food enterprise, in connection with nearly RM51,000 in allegedly fabricated wedding catering invoices.
A former bank analyst has been sentenced to three years in prison by the Kuala Lumpur Sessions Court for conducting unlicensed securities dealing and fraudulently using a unit trust consultant title.
Malaysian authorities have detained a foreign national at Miri airport who is wanted by Brunei for allegedly orchestrating an ATM skimming operation targeting financial institutions in the sultanate.
Argentina's football association has rejected claims that its president Claudio Tapia and treasurer Pablo Toviggino were summoned by US courts, insisting neither official faced legal orders or device seizures in a widening probe into AFA finances.
The Malaysian Anti-Corruption Commission has arrested the secretary and treasurer of an NGO over allegations they orchestrated the laundering of RM5 million through the organisation's accounts.
Datin Seri Zizie Izette Abdul Samad presented herself at the Kuala Lumpur Court Complex to receive the court's ruling on corruption abetment charges centred on RM2.8 million allegedly mishandled in a Public Mutual unit trust scheme.
India's securities regulator has sounded an alarm over a sophisticated cyber fraud dubbed the 'boss scam', where criminals impersonate senior executives to manipulate employees into unauthorised fund transfers.
The Financial Action Task Force has warned that organised crime groups are moving billions of dollars through cryptocurrency markets, exploiting regulatory weaknesses. Illicit actors are developing sophisticated methods including custom stablecoins designed to resist asset seizure.
A Singapore corporate services operator has been jailed 32 weeks for falsifying financial records for shell companies involved in the city-state's largest money laundering case worth S$3 billion.
Melaka police have arrested 21 Chinese nationals suspected of orchestrating a sophisticated investment fraud operation targeting unsuspecting victims across the region.
The Securities Commission Malaysia has charged three brothers at separate Kuala Lumpur Sessions Courts for conducting unlicensed securities dealing activities. Alleged offences span March to October 2019 across Kuala Lumpur, Putrajaya, Selangor and Johor.
A former company director has been convicted and sentenced to five years in jail for conducting unlicensed fund management operations and money laundering activities that defrauded investors of over RM1.26 million between 2018 and 2020.
Japanese police have arrested nine people for running an illegal payment system that allowed domestic customers to access overseas online casinos. The suspects allegedly facilitated over 340 billion yen in wagers from January to April 2025.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph4xt31g)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph4xt31p)%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%3EHigh%3C%2Ftext%3E%3C%2Fsvg%3E)
Malaysia's High Court has scheduled a September 28 hearing to decide whether to freeze Rosmah Mansor's assets in a RM1.41 billion lawsuit brought by 1MDB over luxury goods acquisitions.
Singapore's police force joined a coordinated Interpol operation spanning 97 countries that resulted in 5,811 arrests and interception of US$293 million in criminal assets. The campaign targeted sophisticated social engineering and fraud schemes.
Malaysia's anti-corruption agency has placed a freeze on 14 bank accounts containing approximately RM1.1 million as part of an investigation into immigration-linked corruption involving multiple individuals and companies.
The Dutch central bank has imposed an €8.5 million fine on ABN AMRO Bank for serious gaps in its anti-money laundering framework during a 12-month period, citing insufficient monitoring of high-risk customers.
%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)
The Malaysian Anti-Corruption Commission has opened a formal investigation into a US$13 million overseas property purchase allegedly connected to funds originating from the 1MDB scandal, signalling renewed scrutiny of asset flows linked to the massive financial crime.
The Malaysian Anti-Corruption Commission has frozen RM3.4 million in corporate bank accounts as it investigates claims that false documents were submitted to obtain approximately RM20 million in financing from a development financial institution.
Singapore authorities have charged four people over a sophisticated VAT fraud scheme in which gold was concealed inside signal converters imported from China, then extracted and sold locally after dismantling.
A water utility employee in Seremban has been charged with defrauding two women of a combined RM108,500. The accusations span multiple magistrate's courts, raising concerns about trust within essential service sectors.
The founder of Abu Dhabi-based AI startup AppliedAI has admitted to profiting from confidential merger information shared by lawyers at prominent law firms, marking a significant development in a sprawling insider trading investigation.
Three individuals have been arrested on suspicion of defrauding a financial institution of RM20 million through forged documentation and false loan applications.
The Malaysian Anti-Corruption Commission has remanded three suspects, two of them company directors in the rice and padi sector, over allegations of submitting fraudulent documentation to obtain approximately RM20 million in trade working capital financing.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph4gb7ag)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph4gb7ap)%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 scheme for paddy and rice purchases that never materialised in Kedah.
Police have arrested a woman and her two adult children following allegations that they defrauded an elderly woman of RM8,000 worth of jewellery through a fake welfare assistance scheme. Officers recovered the items from a pawnshop.
Prime Minister Anwar Ibrahim has reiterated that Malaysia will not waver in its stance on fugitive businessman Jho Low, even as reports suggest he may receive a pardon from US President Donald Trump ahead of Independence Day celebrations.
Prime Minister Anwar Ibrahim has clarified that Tan Sri Azam Baki's position on the National Anti-Financial Crime Centre Advisory Board operates independently of his previous role as MACC chief commissioner.
Prime Minister Anwar Ibrahim has stated that only the King, Sultan Ibrahim, possesses the constitutional authority to revoke Tan Sri Azam Baki's appointment to the National Financial Crime Centre advisory board.
A former kindergarten teacher has pleaded not guilty to three counts of money laundering involving RM133,550 in cash and gold jewellery allegedly stemming from unlawful activities last year.
The owner of a popular Singapore porridge restaurant has been charged with evading nearly S$3.8 million in taxes and money laundering. Authorities allege he concealed income and falsified GST registration, laundering proceeds through property and luxury vehicles.
The National Financial Crime Centre has clarified that Tan Sri Azam Baki's Advisory Board membership is personal and independent of his role as MACC chief commissioner, remaining valid irrespective of any changes to his official position.
Singapore authorities have arrested 230 people, including a 16-year-old, in connection with a sprawling scam operation that caused S$9 million in losses. The two-week police operation uncovered over 713 fraud cases ranging from e-commerce to investment schemes.
Opposition Leader Hamzah Zainudin has demanded clarification from the government on its decision to engage former MACC chief Azam Baki as an adviser to the National Financial Crime Prevention Centre, citing past corporate and shareholding controversies.
A Singapore court has rejected Standard Chartered's attempt to dismiss a US$2.7 billion lawsuit connected to the 1MDB scandal, clearing the path for the case to proceed to full trial with allegations of dishonest assistance and anti-money laundering breaches.
Former Selangor executive councillor Ronnie Liu has questioned why Tan Sri Azam Baki, the former MACC chief commissioner, was present at a National Financial Crime Prevention Centre advisory board meeting.
Singapore authorities have charged a 65-year-old former bank manager with misappropriating nearly S$1.8 million from her employer's vault. She allegedly falsified records over 200 times and used the funds for personal loans and gambling.
A self-exiled Chinese billionaire who fled to the US as a Communist Party critic has been sentenced to 30 years in prison for defrauding more than 1,000 people worldwide of hundreds of millions of dollars through bogus investment schemes.
American director Carl Rinsch has been sentenced to prison after being convicted of defrauding Netflix of US$11 million intended for a science fiction series, instead using the funds for luxury purchases and speculative investments.
Thai customs authorities at Mae Sai border have confiscated over 23 million baht allegedly concealed in snack product boxes inside a vehicle bound for Myanmar. A Myanmar national driver faces charges under currency and customs violations.
A former Ikram officer has been charged with money laundering involving RM18 million, allegedly using the funds to acquire high-end vehicles through shell company accounts.