On Thursday, Andrew Mark Peters, 54, and Darren Anthony McNicholas, 50 pleaded guilty to offences of dishonety in a court in Shah Alam, about an hour outside Kuala Lumpur.
On Friday, Lloyd George Bedwell, 48, and Roger Hoi Wing Hu, 46, both British citizens pleaded guilty before a court in Penang, Butterworth.
They were arrested on 21 February on charges of fraud.
When that letter is from literally the other side of the world and says you are the beneficiary of an estate and your share is about GBP150,000, you'd throw it in the bin, wouldn't you? Let's face it - the "dead relative" advance fee fraud is about as popular as the "I've stolen money from the government and need help to get it out of the country.
Once a senior executive with J.P. Morgan, Mark McCabe's world began to unravel in 2015 when questions began to be asked about two companies he had set up, Guevara Capital and Online Capital Trading. Now ASIC is piling on the misery.
Carrie L. Tolstedt, 63, of Scottsdale, Arizona, has agreed to plead guilty to obstructing an examination of the bank where she worked. The story behind the agreement is astonishing.
Bill Omar Carrasquillo, 36, of Swedesboro, New Jersey, USA has been convicted by a Pennsylvania court of an astonishing range of copyright offences from which he made the kind of profit we might expect from drugs runners. Of course, he had help.
The US Department of Justice last week arrested a former resident of the Fairfax District of Los Angeles on a criminal complaint alleging he defrauded investors, primarily members of the Orthodox Jewish community, by inducing them into investing millions of dollars in his security camera business and his purported real estate ventures in Israel.
Two charities (referred to in the USA as "non-profit organisations") in Michegan have paid a penalty to avoid prosecution on allegations that they made applications for support under the Paycheck (sic) Protection Program (sic) for which they knew or ought to have known they were not eligible.
Let's be absolutely clear about one thing in the first line: Malaysia's regulatory regime for authorisation of funds is comprehensive. Its enforcement, when it becomes aware of unauthorised activity is swift. The police help regulators at a moment's notice.
So how does a "mutual fund" operate for three years and take substantial sums and make them disappear? Answer, it approaches the vulnerable who dare not approach the authorities and those who trust too much.
Fitzgerald Hinds, the Minister of National Security in Trinidad and Tobago, has said that the country is to get assistance from the USA to counter human trafficking. It's already working hard to try to get on top of the problem. But that's not going to be easy when the country's DPP is chronically understaffed.
Once a senior executive with J.P. Morgan, Mark McCabe's world began to unravel in 2015 when questions began to be asked about two companies he had set up, Guevara Capital and Online Capital Trading. Now ASIC is piling on the misery.