Story preview
Singapore police got Radiant World fraud report months before crisis
About this story
- Published
- Sep 25, 2026, 8:54 AM UTC
Topics in this story
Continue reading on the publisher site for the full article.
At a glance
Coverage
Tone
Story preview
Topics in this story
Continue reading on the publisher site for the full article.
Coverage
Tone
Outlets covering it
6
in the last 3 days
First reported
3 days ago
5 outlets since
Countries
5 other outlets reported this story in the last 3 days.
A Singapore judge has cast doubt on trader Radiant World’s claim that it is owed more than US$1 billion (RM4.08 billion) from customers, citing concerns over an alleged “pattern of fraudulent conduct”, according to a court filing.
Adding even more complexity to Radiant World’s dealings, a trader at Vitol Group in India confirmed at least one transaction between his company and Radiant World that Vitol later said was not genuine.
Court finding, based on a preliminary assessment, is not final; Radiant World did not comment on Friday and has previously said there is no need for interim managers