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 was unsealed on Tuesday.
Messrs Lockman, 48, of Dublin, California, Yusof, 44, of Livermore, California, and Nguyen, 48, of Manassas, Virginia, were charged with wire fraud conspiracy and wire fraud, each of which carries a maximum sentence of 20 years in prison, and aggravated identity theft, which carries a mandatory consecutive sentence of two years in prison.
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.
