In-depth reporting on Malaysia and the region.
A 36-year-old woman arrested in connection with a RM1.7 million kootu or tontine scam is expected to face charges at Alor Star Sessions Court. The case highlights ongoing financial fraud linked to informal savings schemes.
1MDB has initiated a civil lawsuit seeking US$5.64 billion in damages from former Prime Minister Najib Razak, accusing him of directing fraudulent schemes that depleted the sovereign fund of RM51.4 billion alongside fugitive financier Jho Low.
Hong Kong actress Strawberry Yeung exposed a romance scammer who spent two months building her trust before requesting a RM156,411 investment. Her cautionary tale highlights the sophisticated tactics used in 'pig butchering' fraud targeting older women across Asia.
India's Securities and Exchange Board has issued a warning about the 'boss scam', a sophisticated cyber fraud where criminals impersonate senior executives to trick employees into transferring company funds to fraudster-controlled accounts.
Malaysia's government is undertaking a major review of cybercrime victim protections, with plans to examine stricter penalties for offenders and mechanisms allowing victims to recover lost funds through banks.