Corporate Crime
Corporate fraud investigations, white-collar crime cases, and business scandals. In-depth coverage of financial misconduct and regulatory violations.
-
Rapid Synergy Chairman Omits Takeover Rule in Report
The mathematics of control at Rapid Synergy Bhd has always been a numbers game with strict rules. Malaysia’s capital market laws are…
-
Yu Kuan Chon Hid Rapid Synergy Stake via Chan Weng Fui
21 January 2023, Kuala Lumpur, Malaysia: Rapid Synergy Bhd, KLSE: RAPID (7765); YU KUAN CHON, Director and Controlling shareholder of Rapid Synergy…
-
Rapid Synergy Shareholder Again Violates Securities Rule
KUALA LUMPUR — For the second time in 18 months, Rapid Synergy Bhd’s controlling shareholder has run afoul of Malaysia’s Securities Commission…
-
Rapid Synergy Loses RM800M in 20-Year Yu Syndicate Fraud
For Rapid Synergy Bhd shareholders, the money is gone. RM800 million, diverted through a web of land deals and shelf companies stretching…
-
Yu Syndicate Directors Swindle RM800 Million
January 4, 2023; Perak Malaysia (Updated) Yu Syndicate Directors swindled RM800 million from Rapid Synergy Shareholders in land scams. The Yu Syndicate…
-
YU Syndicate Siphons RM1 Billion via YNH Property JV Ruse
January 4, 2023; Kuala Lumpur Malaysia (UPDATED), YU Syndicate Directors used Shady Scheme to Siphon RM1 Billion from YHN Property Bhd. The…
-
KNM Group Faces THB2.7B Bond Scandal Over Ethanol
Kuala Lumpur: KNM Group Berhad Executive Co-chairman Gan Siew Liat with Husband, the former KNM Group CEO charged with Insider Trading along…
-
KNM Group Execs Charged in THB2.7B Bond Scandal
Kuala Lumpur: KNM Group Berhad Executive Co-chairman Gan Siew Liat with Husband, the former KNM Group CEO charged with Insider Trading along…
-
Indonesian Court Upholds KNM Subsidiary Directors Guilty Verdict
A tangled web of family, stock options, and a bankrupt Indonesian subsidiary The Supreme Court of Indonesia ruled in February 2016 that…
-
KNM Directors Guilty of Harming Creditors
(updated 3 June 2021) KNM Group Berhad’s (KNM) Director and CEO, Lee Swee Eng (recently forced into retirement when he was charged…
-
KNM CEO Lee Swee Eng Keeps Post After RM3.6M Insider Trade
One question hangs over the upcoming KNM Group Berhad annual general meeting, and it has nothing to do with earnings or dividends.…
-
KNM ESOS Grants 84% Shares to Executive Director’s Family
KUALA LUMPUR — The Employee Stock Options Scheme (ESOS) at KNM was meant to reward the people who keep the company running.…
-
KNM Director Diverts 155M ESOS Shares to Family
Gan Siew Liat, Executive Director of KNM and also the wife of Lee Swee Eng, former CEO of KNM, who is on…
-
KNM CEO Lee Swee Eng Insider Trading Charges Filed
Lee Swee Eng, CEO and Director of KNM Group Berhad have been caught doing insider trading of almost 31 million units of…
-
KNM Executive Director Diverted 84% of Employee Shares to Family
One hundred fifty-five million units. That is the number that keeps coming up in the paperwork. Almost 84 percent of the shares…
-
KNM Exec Diverts 155M Shares Meant for Employees
Gan Siew Liat, Executive Director of KNM and also the wife of Lee Swee Eng, former CEO of KNM, has been caught…
-
Malaysia’s 1MDB Scandal Tops Corporate Crime List
Amid its remarkable rise from the pre-crisis era that allowed economic industrialization, Malaysia has incessantly face public backlash due to its embroilment…
-
KNM Group Directors Fined for Malaysian Fraud
Cash is indeed considered as a “king” particularly in business; for without it, a certain entity may become insolvent. Unfortunately, some people…
-
KNM Group Directors Fined for Financial Breach
Cash is indeed considered as a “king” particularly in business; for without it, a certain entity may become insolvent. Unfortunately, some people…
-
KNM Group Fined RM200,000 for Listing Breach
For all the talk of cash being king, the real sovereign in Southeast Asian business has often been fraud. A recent study…
-
KNM Group Directors Fined RM200,000 for 2010 Listing Breach
Eight men walked out of a Bursa Malaysia hearing with a collective RM200,000 fine. Their company, KNM Group Berhad, had just been…
-
KNM Executives Ran Shell Inside Deutsche Bank Offshore Probe
KUALA LUMPUR — The Deutsche Bank money laundering investigation now has a direct corporate link to Malaysia. Documents from the International Consortium…
-
Offshore Leaks Ties KNM Directors to Deutsche Bank Probe
Pictured is Gan Siew Liat, KNM Group Bhd Executive Director (Left) and Lee Swee Eng Director and Chief Executive Officer (right) Kuala…
Most read
-
US Imposes Sanctions on International Criminal Court Amid Global Outcry
-
Verizon’s Worst Day Since 2002: SpaceX’s U.S. Network Plans Impact Cell Providers’ Stocks
-
Expand the Child Tax Credit, but define success first
-
West African Fruit Sweetener Lowers Blood Sugar in Fatty Liver Trial
-
Building Toward a More Resilient Housing Market
-
Pentagon-Silicon Complex Surges: National Security Implications in the New Era
-
Supreme Court Weighs Jurisdiction Over Veterans’ Benefits Constitutional Challenge (Johnso
-
SRC Inc. Wins $500 Million Pentagon Contract for Counter-Drone Tech in Domestic Shield Task Force
-
Denmark Revives Cold War Conscript Deployments in Greenland
-
US Accuses Chinese Official Zhao Fugang of Bribing Fijian Officials
-
Bloom Energy Shareholders Can Lead Securities Fraud Lawsuit
-
Capricor Shareholders Can Lead Fraud Lawsuit Over Losses
-
UWM Holdings Shareholders Who Lost Money Can Lead Securities Fraud Lawsuit
-
Tunku Yaacob Khyra Probed in KNM Vote Rigging Scandal
-
Top 17 U.S. Family Destinations: Bridging Generational Gaps with Screen-Free Activities
-
Disney+ October 2026 Features Marvel’s VisionQuest Premiere
-
PepsiCo Recalls 122,000 Gatorade Cases Over Undeclared Dyes – Key Facts Here
-
Australia, Japan set for double gold medal showdown at APSLC
-
Button Up Vermont: How to Save on Heating Costs This Winter