The Business Times
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Fraud

Asean Business

1MDB has proposal for settlement with Deutsche Bank

2026-10-12T05:49:31.000Z
The fund has been provided with evidence that Radiant World and Sapphire Minmetals falsified documents for at least 50 receivables.
Energy & Commodities

Jefferies-run fund alleges ‘industrial-scale’ fraud in nearly US$900 million of Radiant World deals

2026-10-11T01:41:26.000Z
In more than 80% of scams in H1 2026, the victims moved the money themselves; scammers did not take control of their accounts, creating a new challenge for banks.
Opinion & Features

Banks cannot fight modern scams with fragmented data

2026-10-07T23:00:00.000Z
Hong Qi Yu denies being the sole decision-maker and driving force behind AmazingTech, the operating entity behind Tokenize.
Capital Markets & Currencies

Assets of Tokenize Xchange founder and his ex-wife frozen by court order

2026-10-07T14:14:18.000Z
Several Radiant World staff say there have been holdups in the past, with monthly salaries ultimately paid as late as a few days into the new month.
Companies & Markets

Trader Radiant World misses salary payments for Singapore and other staff in September

2026-10-06T00:34:21.000Z
Radiant systematically falsified commercial documents in order to simulate transactions and thereby obtain financing from international lenders.
Companies & Markets

US Fund accuses trader Radiant World of fraud in Swiss complaint

2026-09-30T10:32:42.000Z
(From left) Wealth gurus Jason Fong Wai Hong, Takeshi Lim Jian Bin and Fong’s then wife Diana Goh Geok Lee in a photo taken in 2022.
Singapore

Probe into self-styled wealth guru Jason Fong’s business widens

2026-09-27T06:08:28.000Z
The Supreme Court has made bankruptcy orders against Lau Lee Sheng, Shen Xuhuai and Guo Yujia.
Energy & Commodities

Three ex-employees of Envy group join Ng Yu Zhi in bankruptcy

2026-09-25T13:59:54.000Z
Mizuho is suing Radiant World over US$97.3 million in receivables purportedly arising from iron ore sales to Glencore International.
Energy & Commodities

Singapore court places iron ore trader Radiant World under judicial management by KPMG

2026-09-24T11:44:15.000Z
Bangko Sentral ng Pilipinas has issued a draft document that puts the onus on payment service providers to improve screening of the merchants they partner.
Asean Business

Casinos posing as salons, bakeries spur Philippine digital payment review

2026-09-17T02:54:29.000Z
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