RM12 million lost in forex investment scam

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Bernama News

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It was found that said the scam involved a network of individuals from Malaysia and Indonesia

: The Commercial Crime Investigation Department of Bukit Aman has received 51 police reports related to a cross-border Forex investment scam, which has resulted in total losses nearing RM12 million.

“To date, two suspects, an Indonesian national and a local, have been arrested in connection with the scheme, on Sept 9 and Oct 25, respectively. Ramli added that the investigation is ongoing, with charges under Section 420 of the Penal Code for cheating. He urged victims of the scam to step forward and file police reports at any local police station.

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