KUALA LUMPUR: Police have arrested three women and four men believed to be part of an investment scam which duped victims out of over RM831,000.
Bukit Aman Commercial Crime Investigation Department (CCID) director Datuk Comm Zainuddin Yaacob said the syndicate went by the name “Iskandar Investment”. They used a name similar to that of the Iskandar Regional Development Authority (IRDA) and we believed it was done to confuse victims. We launched raids on Feb 1 at five locations around Kuala Lumpur and arrested the three women and four men. Our investigations revealed the men were the masterminds of the syndicate, he told reporters at the CCID headquarters on Friday (Feb 5).
Monday, 01 Feb 2021 08:27 AM MYT
An online platform used in a fake gambling platform scam. Singapore Police Force pic via TODAY
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SINGAPORE, Feb 1 The number of fake gambling platform scam cases increased by more than 18 times between 2019 and 2020, while investment scams registered a 126 per cent spike in the same period, the Singapore Police Force (SPF) said yesterday.
At least S$69.5 million (RM211.3 million) was lost in 1,102 investment scam cases as well as S$15.4 million in 299 fake gambling platform scam cases, the police said in a news release.
Voyager App Review {Jan} Know about the currency dodbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dodbuzz.com Daily Mail and Mail on Sunday newspapers.
MELAKA: A lemang maker has lost close to RM100,000 after being deceived into investing in a non-existent maritime development fund.
State Commercial Crime Investigation chief Supt E. Sundra Rajan said the 47-year-old female entrepreneur from Bukit Katil here lodged a police report on Tuesday (Jan 26). The victim was excited with the profit she was about to gain from the investment when the fraudster sent her message through WhatsApp last June, he said on Wednesday (Jan 27).
Supt Sundra said the victim had received the message from a total stranger mid-2020, and believed the investment with high returns was for real.
He said the victim deposited a total of RM96,930 into three accounts between last June and Jan 21 this year.
Wyoming police arrest man on forgery charge after victims allege investment scams
and last updated 2021-01-07 22:32:41-05
GRAND RAPIDS, Mich. â Wyoming Police arrest man for forgery after victims allege investment scam.
Two west Michigan investors say theyâre out thousands of dollars after giving a man $40,000 to flip a home in Wyoming.
They provided FOX 17 with documents that promise repayment.
But after getting the runaround for weeks they contacted our Problem Solvers team.
They believe the man is still out there taking peopleâs money so theyâre trying to warn others about what theyâre calling a scam.