Police detect ‘shariah-compliant’ investment scams using pictures of famous figures

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KUALA LUMPUR, June 24 — The Royal Malaysia Police (PDRM) through the Commercial Crime Investigation Department has detected investment scams that claimed to be Islamic and...

KUALA LUMPUR, June 24 — The Royal Malaysia Police through the Commercial Crime Investigation Department has detected investment scams that claimed to be Islamic and Shariah-compliant advertised through social media platforms using pictures of famous individuals.

According to her, the scheme offers a profit of up to 50 times the value of the money invested with the returns said to be paid as early as three hours after the investment is made. “Investigations found that the individuals shown were not involved in the investment scheme and never gave permission for their photos to be used,” she said in a statement today.

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