Malaysia

Cops nab eight for involvement in online investment scam

Syndicate active for past two months, says Wangsa Maju district police chief

Updated 3 years ago · Published on 09 Dec 2022 6:03PM

Cops nab eight for involvement in online investment scam
Ashari Abu Samah says the eight individuals, aged from 19 to 37, are suspected to be involved in fraudulent activities targeting victims abroad. – Bernama pic, December 9, 2022

KUALA LUMPUR – Police arrested eight individuals, including two Thai women, believed to be involved in an online investment fraud syndicate when they raided two condominiums in Jalan Ampang here yesterday.

Wangsa Maju district police chief Ashari Abu Samah said the 12.30pm raid was conducted by a team from the district police headquarters’ Commercial Crime Investigation Division.

He said the eight individuals, aged from 19 to 37, are suspected to be involved in fraudulent activities targeting victims abroad.

“Police also seized various equipment, including six computers, two laptops, and 26 mobile phones believed to have been used in carrying out their activities,” he said in a statement today.

Ashari said preliminary investigations found that the syndicate is believed to have been active for the past two months at the premises, which they rented for between RM3,000 and RM5,000 per month.

He said all eight suspects have been remanded for three days from today for investigations under Section 420 of the Penal Code.

He advised the public to always be alert and not be easily duped by investment offers that are vague and promise lucrative returns. – Bernama, December 9, 2022

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