United States Department of Justice in New York Charged 3 ex-Senior Executives of Malaysia $7 Billion Telco Giant Telekom Malaysia (Subsidiary in United States) for Fraud & Misappropriating $20 Million of Company Funds, 3 ex-Senior Executives Charged are Mohd Hafiz Lockman, Mohd Yuzaimi Yusof, & Khanh Thuong Nguyen
23rd May 2026 | Hong Kong
United States Department of Justice in New York has charged 3 ex-senior executives of Malaysia $7 billion telco giant Telekom Malaysia (Subsidiary in United States) for fraud & misappropriating $20 million of company funds. The 3 ex-senior executives charged are Mohd Hafiz Lockman, Mohd Yuzaimi Yusof, & Khanh Thuong Nguyen. Announcement (19/5/26): “United States Attorney for the Southern District of New York, Jay Clayton, and Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation, James C. Barnacle, Jr., announced today the unsealing of an Indictment charging MOHD HAFIZ LOCKMAN, MOHD YUZAIMI YUSOF, and KHANH THUONG NGUYEN, three former senior employees of Telekom Malaysia (USA) Inc., the wholly owned U.S. subsidiary of Telekom Malaysia Berhad, with wire fraud conspiracy, wire fraud, and aggravated identity theft. The charges in the Indictment arise from an alleged scheme by the defendants to divert more than $20 million of company funds through four interconnected frauds. The defendants used false statements, forged records, fictitious transactions, and corporate and individual impersonations to deceive counterparties, suppliers, auditors, and supervisors. LOCKMAN was arrested on April 20, 2026, at San Francisco International Airport, and NGUYEN and YUSOF surrendered to authorities on April 22 and 23, respectively. The case has been assigned to U.S. District Judge Dale E. Ho. U.S. Attorney Jay Clayton also announced that the criminal conduct was reported by Telekom Malaysia Berhad to the U.S. Attorney’s Office in early April 2026, and the company has been cooperating with the Office’s ongoing investigation.”
“ United States Department of Justice in New York Charged 3 ex-Senior Executives of Malaysia $7 Billion Telco Giant Telekom Malaysia (Subsidiary in United States) for Fraud & Misappropriating $20 Million of Company Funds, 3 ex-Senior Executives Charged are Mohd Hafiz Lockman, Mohd Yuzaimi Yusof, & Khanh Thuong Nguyen “
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United States Department of Justice in New York Charged 3 ex-Senior Executives of Malaysia $7 Billion Telco Giant Telekom Malaysia (Subsidiary in United States) for Fraud & Misappropriating $20 Million of Company Funds, 3 ex-Senior Executives Charged are Mohd Hafiz Lockman, Mohd Yuzaimi Yusof, & Khanh Thuong Nguyen
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