Police receive 15 reports on fraudulent investment scheme | The Malaysian Insight

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Police receive 15 reports on fraudulent investment scheme

POLICE received a total of 15 reports related to a fraudulent oil and gas-based investment scheme known as Brunei Investment Agency involving losses amounting to more than RM500,000 last Saturday.

Dang Wangi district police chief Mohamad Zainal Abdullah said the syndicate’s fraudulent activities had been detected since last October until early April, with all investors or victims receiving part of their investment profits before being cheated. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

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