money laundering

Thai authorities bust US$33M online gold scam, detain 6 Chinese nationals and 20 Thai accomplices

1 November 2023

On Tuesday, the Royal Thai Police revealed their bust of a 1.2 billion baht (equivalent to US$33.1 million) online gold investment scam, involving six Chinese nationals and 20 Thai accomplices.

The scheme lured victims through fake Facebook pages, promising extravagant returns of 20 to 30%.

Scammers exploit remote company registration during pandemic, funnel US$3.4 million into Singapore bank accounts

26 September 2023

During the pandemic, scammers capitalized on remote company registration rules to infiltrate Singapore, funneling US$3.4 million from foreign companies into local bank accounts.

Liang Jiansen, a Chinese national, received a S$9,000 fine for his role in registering companies for scammers concurrently holding an impressive 135 directorship positions.

Jewish-Israeli artist and filmmaker renounces Israeli citizenship amidst escalating Gaza conflict
Massive losses incurred by Indonesia from smuggling of lobster seeds
Controversial legacy: Henry Kissinger’s war crimes cast a shadow on political praises
Harvard University to offer Course on Taylor Swift: Exploring the World of the Pop icon
Tragic River Valley High School incident: Teenager sentenced to 16 years imprisonment for fatal axe attack
RM5,000 reward offered by Malaysian Animal Association for leads on suspect in Jerantut Market kitten drowning case
Israel resumes military operations in Gaza Strip as truce with Hamas expires
Maybank glitch leaves Malaysian customer with unexpected millions and frustration
Singapore locksmith company temporarily closes Yishun HQ, collaborates with URA for change of use application
Malaysian netizens debunk online misinformation about Coldplay’s one-eyed costume and hand gestures