US indicts Malaysian national after Madagascar scam operation uncovered

The Justice Department disrupted a Madagascar-based scam operation that allegedly stole more than $516,695 from 74 cryptocurrency wallets through fake NFT investment schemes. Malaysian national Chui Kok Wa and five others were indicted; the FBI gained access to over 3,000 devices at 13 scam compounds in Antananarivo.

• Over $516,695 stolen from 74 wallets across Maryland, Oregon, Nevada and Minnesota
• FBI accessed more than 3,000 devices at 13 Antananarivo compounds in August
• Workers were paid $900 a month plus a percentage of stolen funds
• Madagascar repatriated suspects to China before the investigation was complete