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

Community / 2mth

Penang new top cop looks to AI to help fight online fraud

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

Spotlight

Malaysia

Wanita UMNO: Najib’s contributions must not be erased, says Noraini

Malaysia

Guan Eng hands recommendations to PM to boost unity, integrity between West, East Malaysia.

By Ian McIntyre

World

Five dead, 87 missing after ferry fire off Palawan

Malaysia

Anwar surprised by Najib's new pardon attempt

Malaysia

Lawyer denies Abdul Azeez chose to appear in lock-up uniform, handcuffs

Malaysia

Flying Doctor Service to continue despite fatal Sarawak crash

Opinion

“I’m not a war criminal, I’m a patriot”: Shavendra Silva’s amnesia tour meets the receipts

By Abbi Kanthasamy

Malaysia

British management on trial – does a royal management institute deliver value?

Malaysia

Nearly 10,000 potential fire hotspots detected on RSPO-managed land

You may be interested

Malaysia

Melaka BN to begin formal political talks only after State Assembly dissolution

Malaysia

West Asia tensions push unsubsidised fuel prices up 25 sen

Malaysia

Malaysia ready to help Indonesia tackle fires; Sharp rise in dengue cases

By Alfian Z.M. Tahir

Malaysia

No one forced Azeez to wear lock-up attire, handcuffs, says MACC

Malaysia

Cops arrest another pilot in connection with Jakarta drug case

Malaysia

PM deeply moved remembering Zainol Afiq flying him during GE15 (video)

Malaysia

Northern Malaysia must prepare for the consequences of lower rainfall

Malaysia

Helicopter crash: All FDS operations in Sarawak temporarily suspended - Minister