Berita Desk delivers breaking news, politics, business, sports and lifestyle coverage from Malaysia and Southeast Asia — trusted, timely and independent.
An investigative probe has identified Chen Xing, also known as Chen Sokly, as a key conspirator in a multi-billion dollar scam operation. The Shanghai-born operative accumulated significant property holdings in Singapore and the United States while serving as risk control manager for the crime syndicate.
Capital One has defended its decision to terminate the Trump Organisation's bank accounts, stating the closure followed a thorough anti-money laundering compliance examination by specialist reviewers.
Three company directors have been charged in Shah Alam with multiple counts of money laundering and misappropriating millions of ringgit belonging to a non-governmental organisation, raising fresh concerns about financial governance.
Police have shut down a major online gambling syndicate operating across the Klang Valley, generating approximately RM27 million daily through World Cup betting operations. The crackdown, involving raids on 19 premises, resulted in 161 arrests and exposed how criminals used legitimate front companies to launder illicit proceeds.
Malaysia's anti-corruption agency has arrested the secretary and treasurer of an NGO in connection with a RM5 million money laundering investigation, signalling heightened scrutiny of how charitable organisations handle funds.
The Financial Action Task Force has warned that criminal networks are moving billions through cryptocurrencies by exploiting regulatory loopholes, with stablecoin abuse increasing despite modest compliance improvements globally.
A Singapore corporate services provider has been sentenced to 32 weeks' jail for fabricating financial records and assisting foreigners in the nation's largest money laundering operation worth S$3 billion.
A former director of Kyaputen Sdn Bhd has been sentenced to five years imprisonment after being convicted of operating an unlicensed fund management business and laundering money. The case involved 23 witnesses and six victims who lost over RM1.2 million.
A convicted member of the 'Geng Upik' organised crime syndicate appeared in Sessions Court in Kota Kinabalu facing nine charges linked to money laundering operations worth more than RM800,000.
A 51-year-old Indian national has been sentenced to two years and four months in Brunei for knowingly handling BND230,000 in criminal proceeds without verifying their source, as part of a cross-border money movement scheme.
Thai authorities have arrested a hospital records officer and district official suspected of operating a birth-registration racket that facilitated Thai nationality for children of Chinese nationals using fraudulent Thai fathers.
The Malaysian Anti-Corruption Commission has summoned several individuals, including the wife of a former prime minister, for questioning in its investigation of a luxury US property allegedly purchased using diverted 1Malaysia Development Bhd funds.
Singapore authorities have charged four individuals in connection with an intricate money laundering operation involving gold concealed in electronic signal converters. The scheme defrauded Chinese tax authorities of substantial VAT refunds.
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A former kindergarten teacher has pleaded not guilty to three money laundering charges involving RM133,550, allegedly connected to an unlawful child-relocation scheme targeting New Zealand destinations.
A former kindergarten teacher has entered not guilty pleas to three money laundering charges involving RM133,550 in cash and gold jewellery at a Shah Alam court session.
A Singapore restaurant owner has been charged with evading nearly S$3.8 million in taxes and money laundering. Authorities seized over S$2.4 million in cash, a property, and a Lamborghini as part of the investigation.