Bukit Aman cripples ‘i-Rakyat Trade’ investment scam which targeted Malaysians during MCO | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

Bukit Aman cripples ‘i-Rakyat Trade’ investment scam which targeted Malaysians during MCO

Thursday, 16 Jul 2020 02:13 PM MYTBukit Aman Commercial Crimes Investigation Department acting director Commissioner Datuk Saiful Azly Kamaruddin speaks during a press conference in Kuala Lumpur July 16, 2020. ― Picture by Firdaus Latif

“The syndicate activities began in March 2020 during the enforcement of the MCO to lure susceptible victims by offering non-existent high investment yields as much as 13 times in the so-called international oil and gas industry. To date, Saiful Azly said 22 investigations papers involving the reports lodged by each victim have been initiated.

The syndicate also offered lucky draw prizes such as luxury vehicles, tour packages and electrical appliances to entice would-be investors.

 

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:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

PMB Investment confident of achieving RM2b assets under management by end-2020 | Malay MailKUALA LUMPUR, July 15 — Pelaburan Mara Bhd’s (PMB) wholly-owned subsidiary PMB Investment Bhd is confident of achieving RM2 billion in assets under management (AUM) by end of 2020 from RM1.33 billion as at June. PMB Investment chief executive officer Najmi Mohamed said the group, which is...
Source: malaymail - 🏆 1. / 86 Read more »