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

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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.

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