News

As of 2024, approximately 5.04 million Cambodians owed financial institutions, according to a report from the Credit Bureau of Cambodia (CBC). ...

There are other companies operating in similar form to disgraced former Oknha Leng Channa’s now-defunct Brilliant City World Co Ltd, which secretly defrauded people, Ky Tech, head of the government’s legal team, warned during a meeting attended by 267 people from several provinces in Phnom ...

While no investment is entirely without risk, the Securities and Exchange Regulator of Cambodia (SERC) is 100 per cent committed to ensuring that investors in the Kingdom are protected from fraudulent practices. ...

Kampot provincial police arrested Chea Saron, who holds the honorific title Oknha, and his eight accomplices for alleged fraud perpetrated on over 2,000 families, bilking them out of nearly $40 million total through “scam” real estate projects. ...

A primary school teacher was today sentenced to jail for embezzling more than $140,000 from colleagues. ...

Local authority yesterday warned businesses and individuals against distributing and selling counterfeit alcohol-based sanitisers or risk facing serious legal actions. ...

About 300 people from 11 provinces gathered at Prime Minister Hun Sen’s cabinet near Wat Botum pagoda yesterday to ask for help in their ongoing dispute with Empire Big Capital Limited, an investment company that cheated thousands of victims out of nearly $60 million. In May ...

The general director of a local rice wholesaler accused of defrauding business associates in a deal has lashed out at the judiciary – claiming delays in legal processing have left him imprisoned for 13 months without trial. Sovann Veasna is accused of cheating three businessmen ...

A well-known community representative who has long battled alleged land-grabbing by economic land concessionaire Pheapimex Group was arrested on fraud accusations and jailed in Pursat province’s Krakor district yesterday.Fellow community representative Lun Sivy, 42, said Kuch Veng, a member of the Cambodian Peace Network, was ...

Three men arrested over a plan to smuggle millions of dollars worth of counterfeit US banknotes into Cambodia with the help of Thai criminals used the name of Prime Minister Hun Sen’s chief bodyguard to secure the deal, a provincial court heard yesterday. Pin Tipelo, 38, ...

A cassava grower in Siem Reap’s Srei Snom district has accused a district police chief and a deputy commune chief of cheating him out of his land after they doctored the grower’s testimony in a court case. Em Socheat, a lawyer for land owner Yem Savuth, ...

Disgraced anti-drug czar Moek Dara’s appeal against his life sentence for convictions in 25 separate cases of bribery and masterminding a criminal enterprise began yesterday morning in Phnom Penh. Co-accused, former Ministry of Interior anti-drug police department chief Chea Leng also appeared at the Court of ...

Military police in Siem Reap province arrested a 33-year-old woman this week on accusations of fraudulent activity involving writing a cheque at a local bank. Cheque account usage, an infrequently used service only a few years ago, is gaining traction in the Kingdom. Bank officials said fraudulent cheques ...

The Siem Reap Provincial Court charged the director of a recruitment agency with fraud for allegedly taking money from victims in exchange for promising jobs in the U.S., a court official said yesterday. “Bich Bunara, head of the recruitment agency, was charged with fraud and another ...

Forestry Administration officials in Banteay Meanchey province have confiscated and continue to hold equipment valued at $1.5 million from a troubled biofuel plantation without any legal backing, an official in the provincial governor’s office said. Bulldozers, steamrollers and dump trucks were confiscated last month from a ...

Heng Chheang, former deputy general director of the Anco Brothers Company, was brought by prison security guards yesterday for questioning to the Phnom Penh Municipal Court over fresh allegations of defamation and fraud filed by Senator Kok An last year, officials said. “Although I have already ...

Forestry Administration officials have seized equipment valued at $1.5 million from a Banteay Meanchey province biofuel plantation, which is being investigated for fraud in the UK, company and forestry officials said yesterday. Sustainable Agro Energy’s assets were frozen in February and investigators at the U.K.’s ...

A biofuel company is currently under investigation for fraud in the U.K. after millions of dollars of investors’ money was spent on a jatropha plantation in Banteay Meanchey province that never produced even a single drop of biodiesel. The company, London-based Sustainable Agro Energy PLC, had ...

No ground was broken in May on the New Siem Reap International Airport (NSRIA), a US$1 billion Korean investment, and officials say no definite date has been set for work on the project as the developer looks for new partners. NSRIA Co Ltd, an equal joint ...

An appeal hearing in South Korea involving the CEOs behind two major property projects in Cambodia involved in a massive fraud scandal is scheduled to begin today, an official at the court in Seoul said. In February, a Seoul court sentenced a raft of executives of ...

A South Korean government agency and Korean investors in CamKo City are locked in an ownership dispute at the Phnom Penh Municipal Court over the half-built residential development project in Russei Keo district, according to court documents obtained yesterday. Following the collapse of the Busan Savings ...

Phnom Penh Municipal Court yesterday charged a businessman with fraud and forgery stemming from a complaint made by the director of Win World Trading Co. Ltd. over a deal involving the selling of rosewood logged in Laos to Vietnam. The provincial military police detained Sann Dichham ...

Thousands of Boeung Kak lake residents who have been fighting a protracted battle with Phnom Penh and a development company have seen their fortunes reversed and have been granted a small plot of land on which to resettle. Prime Minister Hun Sen signed a subdecree ...