Sharp, essential news and analysis from Malaysia.
Taiwanese authorities apprehended three Malaysian nationals in Kaohsiung last month on suspicion of facilitating illegal money flows for organised scam networks, highlighting cross-border financial crime threats.
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 arrested the secretary and treasurer of an NGO over allegations they orchestrated the laundering of RM5 million through the organisation's accounts.
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.
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.
A convicted member of Sabah's notorious Geng Upik organised crime gang has been charged with nine counts of money laundering involving more than RM800,000, marking escalating enforcement against the criminal network.
Muar MP Syed Saddiq arrived at the Palace of Justice in Putrajaya for a critical Federal Court ruling on money-laundering charges, with family, supporters and fiancée present for the pivotal hearing.
A 51-year-old Indian national has been sentenced to over two years in prison by a Brunei court for his role in moving more than BND450,000 in suspected criminal proceeds across the sultanate without making reasonable checks on the money's origins.
Malaysia's anti-corruption agency has opened an investigation into overseas properties valued at RM59 million with alleged connections to the 1MDB scandal, examining possible corruption, money laundering, and asset recovery.
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.
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A former kindergarten teacher has been charged with laundering RM133,550 in connection with an alleged scheme to relocate children to New Zealand. The accused pleaded not guilty in Shah Alam Sessions Court.
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.