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Religious Affairs Minister Dr Zulkifli Hasan has likened Tabung Haji's financial misconduct to a Ponzi scheme, revealing that the fund manipulated asset valuations to declare profits while technically insolvent, necessitating a RM10 billion government rescue.
A 1MDB financial investigator admitted in court he did not trace whether US$620 million returned by former PM Najib Razak was subsequently moved to different accounts, raising questions about fund oversight.
Hong Kong actress Strawberry Yeung, 61, publicly exposed a romance scammer who spent eight weeks cultivating her trust before requesting RM156K in fraudulent investment. Her swift recognition of the 'pig butchering' scheme highlights predatory tactics targeting older women.
Singapore authorities are investigating 255 suspects connected to over 660 scam cases resulting in approximately $5.6 million in victim losses, including e-commerce, phishing, and investment fraud.
A former Singapore Armed Forces captain has been sentenced to 21 months and two weeks in jail for swindling nearly S$87,000 from colleagues and operating a vaping scheme at his military base between 2021 and 2024.
Perak police have arrested 12 Chinese nationals following raids on suspected love scam centres in Ipoh. The operations targeted networks engaged in online romance fraud, part of intensifying efforts against transnational cybercrime.
Singapore authorities are investigating 550 people, including teenagers as young as 16, suspected of involvement in over 1,800 scam and unlicensed moneylending cases that have defrauded victims of more than $17 million.
The Malaysian Anti-Corruption Commission has frozen RM3.4 million held in company accounts while investigating allegations of fraudulent document submission to obtain approximately RM20 million in financing from a development financial institution.