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US Charges Telekom Malaysia Execs in $20M AI Fraud

5/21/2026

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Story summary
  • U.S. prosecutors charged Telekom Malaysia executives Mohd Hafiz Lockman, Mohd Yuzaimi Yusof and Khanh Thuong Nguyen with wire fraud and aggravated identity theft.
  • Prosecutors say the trio used an AI-generated imposter to trick HR staff and siphoned $20 million through falsified telecom-capacity sales and inflated cable-purchase costs.
  • Telekom Malaysia dismissed three after an internal probe, will cooperate with Justice Department, and the DOJ declined to charge company after self-reporting the misconduct.