News Formal

Cops arrest 29, bust investment scam syndicate

  • 📰 staronline
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 75%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

KUALA LUMPUR: An investment scam syndicate was busted with the arrests of 29 people in four states.

Police secretary Deputy Comm Datuk Noorsiah Mohd Saaduddin said 19 men and 10 women aged between 24 and 38 were nabbed by the Bukit Aman Commercial Crime Investigation Department in a series of raids in Kuala Lumpur, Selangor, Perak and Johor on Feb 21.

DCP Noorsiah said that those arrested have been remanded for further investigations and added that the case is being investigated under Section 420 of the Penal Code. DCP Noorsiah then said that the schemes believed to have been run by the syndicate include Alpha Mineral Global, Asia Investment VIP and Max Profit.

"However, we urge those who have been victims of the syndicate to come forward and lodge a police report at the nearest police station.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Salahuddin Ayub: No shortage of subsidised cooking oil in the marketKUALA LUMPUR: There is no shortage of subsidised cooking oil packets, says Datuk Seri Salahuddin Ayub. Tahniah 👍 Ok so maybe it’s just where I stay then. 🤔 By the time you reached supermarkets and hypermarkets for such oils, all have been scooped up completely by others... Is this shortage or not?
Source: staronline - 🏆 4. / 75 Read more »