Beware of Net scam, warns SC


  • Nation
  • Tuesday, 27 Feb 2007

KUALA LUMPUR: The Securities Commission (SC) has frozen two accounts with fund worth RM1.6mil, closed two websites and questioned several individuals believed to be linked to a global Internet investment scam run by Cambridge Capital Trading. 

The commission said in a press statement that the scam was being investigated for possible breaches of the Anti Money Laundering Act 2001. 

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