Police arrest 58 individuals for suspected involvement in online forex investment scam

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

KUALA LUMPUR: The police have arrested 58 individuals for suspected involvement in an online forex investment scam at three business premises in Bangs...

The police have arrested 58 individuals for suspected involvement in an online forex investment scam at three business premises in Bangsar here yesterday.

Brickfields district police chief ACP Amihizam Abdul Shukor said 24 local men and 32 local women, along with a foreign man and woman, all aged 20 to 59, were arrested in the raid, and 50 laptops, four mobile phones, nine computer tables, one wifi modem and two investment buntings were seized. “Checks revealed there were elements of an online forex investment scam and the syndicate was using social media platforms to promote and offer investments, targetting victims from various countries, including Malaysia, Vietnam, China, the Philippines, Singapore as well as Europe,” he said in a statement today, addig that all suspects have been remanded till Monday for investigations under Sections 420, 511 and 120 of the Penal Code.

In a separate development, Amihizam said that the police also arrested two local men, 42 to 62, for suspected involvement in drug trafficking in a raid in Taman Sri Petaling yesterday, seizing 5.2 kilogrammes of erimin 5 pills worth RM221,000 yesterday. One of the suspects tested positive for drugs, he said, adding that both suspects have been remanded for six days till Wednesday to faciliate investigations under Section 38 of the Dangerous Drugs ACt 1952. -BernamaNGOs to hold freedom for Palestine rally at Dataran Merdeka this Sunday

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Selangor Asean Business Conference 2023 provides insights into Asean growth opportunitiesKUALA LUMPUR, Oct 19 — Invest Selangor Bhd officially inaugurated the 7th edition of the Selangor Asean Business Conference (SABC) 2023 today at the Kuala Lumpur Convention...
Source: malaymail - 🏆 1. / 86 Read more »