Malaysia-Singapore Border Could See Spread of Financial Scams in Southeast Asia

Cambodia, Laos, Myanmar and the Philippines host gigantic scam centres, often located inside casinos, in which hundreds of thousands of people rake in billions of dollars by scamming people around the world.

Their neighbour, Malaysia, has stayed clear of this crisis so far, but new economic developments along the country’s border with Singapore have sparked worries that this might change.

On June 12, Singapore Prime Minister Lawrence Wong visited Malaysia and highlighted how the new Johor-Singapore Special Economic Zone (SEZ) could unlock massive economic benefits for both nations.

However, details of the specific economic sectors set to operate there have yet to be revealed. And one troubling legal action has cast suspicion as to how the SEZ could be used for shady practices….More