Lane closures, traffic diversions on KL-bound section of Federal Highway from July 26-28, 11pm to 5am, for LRT3 works, says project contractor
“All of them are suspected to be company owners and company secretaries, used as account mules by the investment syndicate. Fifteen bank accounts linked to the syndicate, with a total value of RM474,395, have been frozen,” he said at a press conference today. “A total of 48 police reports have been filed, with losses amounting to over RM21 million. The case is being investigated under Section 44 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001,” he said.
Ramli noted that non-existent investment fraud is among the highest categories of online scams in terms of financial losses, with 5,386 reported cases resulting in losses exceeding RM472 million in 2023.