Top 5 Stories You Need To Read Today – 9 May 2025
From shady scams to cringey Reddit drama, here's what everyone's talking about this Friday.
1. Elderly Man Loses RM5.02 Million In Investment Scam
A 72-year-old company manager lost over RM5 million after falling for a bogus investment scheme he found on social media. Lured in by a WhatsApp group and a suspicious app, the man made multiple payments to four different accounts before realising he'd been conned. Police are now investigating the fraud.
2. Here's How To Check If An Investment Is Legit
If today's RM5 million scam story rattled you — good. Malaysia's Securities Commission actually has a tool to help you vet suspicious schemes. The SC Investment Checker lets you confirm if someone or some company is even authorised to promote investments. Don't download apps or send money before doing this check.
3. Singapore Dollar May Soon Equal The US Dollar
Analysts say the Singapore dollar could soon reach parity with the US dollar, following a strong rally and easing global trade tensions. This could mean more expensive trips to Singapore for Malaysians, and shifting regional dynamics for investors.
4. Local Redditor Tells White Men: "Come To Malaysia For Submissive Wives"
A Malaysian Reddit user is catching flak after posting a cringe-inducing "guide" encouraging Western men to come here instead of Thailand, supposedly for better English, "nicer girls", and less family financial burden. The post, targeted at so-called "Passport Bros", is being called out for fetishising local women, especially Chinese Malaysians.
5. Former National Hockey Junior Player Found Roaming Streets, Mentally Unwell
A series of viral TikToks showed a barefoot man wandering the streets and talking to himself. Viewers later identified him as Mohamad Asmawi Zaidi, a former Malaysian U-16 national hockey player who once played in Germany, India, and Pakistan. The videos have sparked concern over mental health support for ex-athletes.
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