Seven arrested over bitcoin investment scam website


JOHOR BARU: Six Malaysians and a China national believed to be involved in a bitcoin investment scam have been arrested in a raid in Taman Abad here.

Johor Baru South OCPD Asst Comm Mohd Padzli Mohd Zain said the five men and two women, aged 17 to 25, may have received a monthly salary of around RM3,000 with a 5% commission from the investment scam.

The scam used a website where victims were told to transfer money into a bank account believed to be controlled from China, he said.

“The suspects were tasked with looking for victims on social media and engaging them in conversation to gain their trust and persuade them to invest in bitcoin.

“Victims were also required to register when joining the investment scam in order to access the website before they transferred money into the bank account, ” he said yesterday.

A laptop and 25 mobile phones of various brands believed to be used by the suspects to conduct the scam were confiscated in the raid, he added.

Checks revealed that none of the suspects – who were nabbed at 5.30pm on Dec 24 – had a criminal record.

ACP Mohd Padzli said the six locals were remanded for three days and the China national for 14 days. — Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

bitcoin , investment , scam

   

Next In Nation

Body found floating in Sungai Perak
No Malaysians affected in Thailand railway blast incident, says Perlis exco
Unity govt not with Zahid, but with coalitions, says Loke
Newborn girl found abandoned in box at Mersing
Health Minister to oversee public health issues, healthcare services and facilities
Dr Wee expresses appreciation to Ayer Hitam supporters
I declined Cabinet role to focus as Damansara MP, says Gobind
Cabinet line-up feels unfair to DAP, says Penang CM
Four students arrested after canteen row blows up
Azalina vows to address, amend outdated laws to be relevant with current times

Others Also Read