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

Related News

Malaysia / 2y

New law on 'kill switch' takes into account action against negligent banks

Malaysia / 2y

Alarm over rising online financial scams exploiting people's vulnerabilities

Malaysia / 3y

Criminologist calls for sterner sanctions to curb cybercrime surge

Malaysia / 3y

‘One wrong click could wipe out your savings’

Malaysia / 3y

Sibu cops bust group buying, renting ATM cards for online scams

Malaysia / 3y

Cops nab 10 vocational college students for assault

Spotlight

Malaysia

Anwar congratulates Modi on becoming India's longest-serving elected PM

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

People

Malay kampongs in Bangkok: Echoes of southern heritage in Thailand’s capital

Opinion

Johor MB’s exclusionary rhetoric betrays the people, exposes UMNO’s political hypocrisy

Malaysia

Johor and NS polls first major test of post PAS-Bersatu political order

Malaysia

Claimed installation of 12th N. Sembilan ruler invalid - Pengelola Bijaya Diraja

Malaysia

4WD driver who drove backwards on highway nabbed, positive for drugs (video)

By Ian McIntyre

Malaysia

Seven in ten Malaysian workers earn RM5k or less - economist

You may be interested

Malaysia

Scam fight enters new phase as police back MyDigital ID to combat rising online fraud

Malaysia

Authorities previously raided viral ‘illegal flat’ linked to Rohingya settlement claims

Malaysia

Johor and NS polls first major test of post PAS-Bersatu political order

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

Malaysia

Retail prices of diesel, RON95 remain unchanged - at RM4.67, RM3.72 per litre

Malaysia

Johor state poll: EC prepares massive election operation for over 2.7 million eligible voters

Malaysia

Ex-MACC chief Azam Baki files defamation suit against businessman Albert Tei

Malaysia

Johor, Negeri Sembilan seat talks enter final stage as PH awaits Anwar’s return