Online safety bill to mandate three key responsibilities for platform providers
The main goal is to combat cybercrimes like online fraud to protect users.
Wed Oct 16 2024
Criminal networks in Southeast Asia flourish in Telegram's 'underground markets', UN says
Southeast Asia has emerged as a major hub for a multibillion-dollar industry that targets victims across the world with fraudulent schemes.
Mon Oct 07 2024
Vietnam tycoon Truong My Lan, already sentenced to death, faces trial on new charges
Truong My Lan is facing charges of obtaining property by fraud, money laundering and illegal cross-border money transfers.
Thu Sep 19 2024
1MDB only paid US$2.2 bln to Aabar - Financial fraud investigator
UK investigator Richard Templeman admitted he didnt raise the US$1 billion discrepancy with the plaintiff (1MDB) before the trial began.
Thu Sep 12 2024
Socso claim SOP to be restructured - Steven Sim
The directive follows the fraudulent claims cartel involving three medical officers allegedly working in Penang hospitals, says Steven Sim.
Wed Sep 04 2024
Second exec to appeal against conviction in 1MDB fraud case
Patrick Mahony, a Swiss-British national, was sentenced to six years by the Federal Criminal Court.
Thu Aug 29 2024
Most top Malaysian firms expose customers, staff, and stakeholders to email fraud, attacks - Proofpoint
Only 11 pct of Malaysian companies in the Fortune Southeast Asia 500 have implemented the recommended top-level email authentication.
Thu Aug 29 2024
Swiss court convicts two executives over $1.8 billion 1MDB fraud
Prosecutors alleged the duo helped set up joint venture with 1MDB by falsely claiming their company, PetroSaudi, was backed by Saudi Arabia.
Thu Aug 29 2024
454 cases of deepfake scams under investigation - CCID Director
Police are currently investigating 454 fraud cases believed to involve deepfake technology, including voice impersonation, which have resulted in losses amounting to RM2.72 million since the beginning
Wed Aug 28 2024
Fake certificate: KPT to lodge police report, to take stern action
The scam allegedly targets individuals who are desperate to have academic qualifications for the purpose of finding a job.
Thu Aug 01 2024
Boeing to plead guilty to fraud in US probe of fatal 737 MAX crashes
The settlement drew swift criticism from victims' families who wanted Boeing to face a trial and suffer harsher financial consequences.
Mon Jul 08 2024
Govt drafting new law to combat online fraud, ensure digital security
Gobind Singh Deo said this was because both acts were entirely different from technical and legal implementation perspectives.
Mon Jul 08 2024
RM24.2 mln withdrawal fraud: All suspects received commissions of RM100,000 to RM240,000
Police suspect the mastermind is skilled in forging IDs and fingerprints to facilitate withdrawals.
Fri Jun 21 2024
RM24.2 million fraud: Cops detained 13 individuals, including four bank employees
The individuals have been detained to assist the investigation of fraudulent withdrawals from several fixed deposit accounts.
Wed Jun 19 2024
Vietnam tycoon on death row for massive fraud illegally moved money overseas, police say
Police said Truong My Lan had illegally transferred $1.5 billion out of Vietnam and moved $3 billion into the country.
Thu Jun 06 2024
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024
Minimum wage to increase to RM1,700 effective Feb 1, 2025
The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Fri Oct 18 2024