Investment scams on the rise in N. Sembilan, say police | Malay Mail

Negri Sembilan Commercial Crime Investigation Department chief Supt Aibee Abd Ghani said based on statistics recorded last year, there were 24 cases with a total loss of RM888,056 for the same period. ― Picture by Hari AnggaraSEREMBAN, April 27 — Investment fraud cases in Negri Sembilan have increased significantly with 69 reported scams with losses of over RM2.3 million recorded so far this year.

He said statistics showed that people are still being deceived by investments offered such as stock investments, forex , business, gold and others. Aibee said 69 individuals had been detained so far to assist in the investigation including four individuals who were subjected to a two-year restraining order and strapped with electronic monitoring devices, an action under the Prevention of Crime Act .

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