Police bust forex scam


KUALA LUMPUR: Police smashed a forex scam syndicate believed to have been led by a bogus Datuk who had conned 629 victims of over RM30mil.

Federal Commercial Crime Investigation Department deputy director Comm Datuk Kamarudin Md Din said said a Ferrari F430 and a McLaren were also seized from the syndicate besides three Mercedes Benz and a Toyota Vellfire.

“A series of raids were conducted in Klang Valley on Tuesday where 22 locals and two foreigners were arrested.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
police , forex scam , syndicate , bogus Datuk

Next In Nation

Cops identify two victims of car fire at Jitra toll plaza
Review underway on proposed amendments to Federal Capital Act
Sinkhole found in Bayan Lepas side lane, road closed six days
Cops detain 15 illegal immigrants from Myanmar in Kota Baru
Woman loses RM166,000 to fake investment scheme
Police issue 128 campaign permits for Kinabatangan, Lamag by-elections
Kelantan JPJ to conduct random checks on 'RXZ Forever Legend' participants
Rubber tapper escapes gallows, sent to jail for double murder
Sarawak-owned AirBorneo setting up flights to Peninsula in 2026, South-East Asia routes in 2027
Singapore to set up consulates in Sarawak, Sabah

Others Also Read