Police bust investment scam syndicate, 12 arrested

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Zainol said the victims were also promised that they would get profits ranging from USD10 to USD3,000 in one to 200 days. theSun theSundaily Crypto Scam arrested LocalNews

: Police busted a syndicate offering non-existent cryptocurrency investment schemes with the arrest of 12 people, including two women here yesterday.

“Acting on information, a team from the Criminal Investigation Department of the Melaka police contingent headquarters raided two hotel rooms that have been rented since November last year by the syndicate to carry out their activities. Zainol said the victims were also promised that they would get profits ranging from USD10 to USD3,000 in one to 200 days.

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