Woman faces court over RM1.7 million tontine scheme fraud
A 36-year-old woman arrested in connection with a kootu or tontine investment scam affecting RM1.7 million will face formal charges at Alor Star Sessions Court.
#fraud
12 stories tagged
South Korea Launches Three-Month Crackdown on Young Organised Crime Figures
South Korea's police force has announced a major enforcement campaign running until October 31, targeting young gangsters involved in financial crimes, money laundering, and international offences following a sharp rise in organised crime.
Rubber Seedling Supplier Manager Arrested in RM8 Million Contract Misappropriation Case
The Malaysian Anti-Corruption Commission has arrested a former plantation manager from a Klang Valley rubber seedling supplier over suspected misappropriation linked to RM8 million worth of contracts.
High Court Orders Pre-Trial Discovery in RM3.53 Million Dealership Fraud Case
A Malaysian High Court has approved pre-trial document discovery in a RM3.53 million dealership fraud case, ruling that requested materials are essential to establish how funds allegedly moved across connected entities.
159 Chinese nationals face charges in Forest City fraud scheme
Authorities have charged 159 Chinese nationals connected to a Forest City property fraud syndicate, with additional accusations of unlawful entry into Malaysia.
Ex-Grab Driver Faces 12 Serious Charges in Klang Court Over Armed Robbery and Fraud Allegations
A former e-hailing driver appeared in Klang courts to face 12 charges including armed robbery, fraud, and theft. The accused entered a claim trial plea, with the case now set for further proceedings.
Zelle Must Face New York Fraud Lawsuit, Judge Rules in Major Consumer Protection Case
A New York judge has rejected Zelle's attempt to dismiss a lawsuit accusing the payment platform of prioritizing growth over consumer safety, allowing a fraud case involving over $1 billion in losses to proceed.
Police dismantle international fraud ring targeting American victims in Kuantan operation
Police in Kuantan have arrested 16 suspects, including eight women, in a major operation against an international scam network defrauding US citizens through sophisticated online schemes.
KWAP Pursues Recovery of RM163.4 Million eFishery Investment Following Fraud Scandal
Malaysia's Retirement Fund (KWAP) is attempting to recover RM163.4 million invested in aquaculture startup eFishery, which has faced serious fraud allegations. The pension manager confirmed the significant exposure after the company's collapse.
Datuk businessman and aide arrested for forging Pahang royalty letter
A Datuk-titled businessman and his assistant were arrested in Kuantan for allegedly forging a letter bearing the Tengku Mahkota of Pahang's official coat of arms to facilitate fraud.
MACC arrests three in RM20 million rice trade financing fraud scheme
The Malaysian Anti-Corruption Commission has arrested three individuals, including two rice industry company directors, over allegations involving RM20 million in fraudulently obtained trade working capital financing.
Chinese National Denies Charges in RM37,000 Precious Metals Deception Case
A Chinese national has pleaded not guilty in a Kuala Lumpur magistrate's court to charges of cheating a gold dealer out of RM37,054 through the sale of fake precious metal items.