News Maldives Matters

financial fraud

Authorities Warn Over 50,000 Maldivians Caught in GMCE Pyramid Scheme

More than 50,000 Maldivians have reportedly joined an unregistered investment operation known as GMCE—also referred to as Gemcue—raising alarm among financial regulators and law enforcement agencies. According to a report by Mihaaru News , the sc…

court hearings Criminal Court financial fraud fraud cases Hulhumale legal delays Maldives court system Maldivian justice Prosecutor General Zaidhan Mohamed Hashim

Justice on Hold: Fraud Trials Against Zaidhan Mohamed Hashim Face Years of Delays

More than three years after being formally charged with fraud, Maldivian national Zaidhan Mohamed Hashim has yet to face trial, raising concerns over ongoing delays in the country’s judicial system. Over 1,100 Days Without a Full Hearing Zaidha…