GEORGE TOWN: Police believe they have solved 44 cheating and criminal breach of trust (CBT) cases involving RM12.9mil following the arrest of a 38-year-old suspect in Perak recently.
Penang police chief Comm Datuk T. Narenasagaran said the suspect, who works as a financial advisor at a local bank in Butterworth, is believed to have been swindling customers since 2016 by promising them high 8.8% returns from an investment scheme.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
