Five men pretending to be women online arrested over fake bitcoin investment

KAJANG: Five men who posed as women on social media sites were detained for allegedly running a bitcoin investment scam.

Kajang OCPD Asst Comm Mohd Zaid Hassan said the suspects - aged between 23 and 32 years old - were detained following a raid at Batu 9, Cheras, at about 8pm on Wednesday (July 20).

"We seized five laptops and 16 mobile phones from the premises," he said when contacted on Thursday (July 21).

Investigations revealed that the suspects posed as women online in order to hook their victims, he said.

"The suspects would target male victims.

"They would then dupe the victims to investing on a bitcoin investment that does not exist," he said.

ACP Mohd Zaid said the suspects have been operating for about three months.

"We are investigating under Section 420 of the Penal Code.

"The suspects have been remanded until Friday (July 22)," he said.

He also urged those who have been duped by the scammers to come forward and lodge police reports or contact investigating officer Insp

Tanaseelan at 012-441 6412.

"We advise the public to be wary against such scam syndicates offering non-existent bitcoin investment online.

"The public can conduct checks at for any transaction involving bank accounts and phone numbers before committing to any kind of investment," he said.

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Nation

2022 Umno assembly postponed to January next year, says Ahmad Maslan
Anwar sues Perak PAS commissioner for defamation
Minister to meet industry players on Dec 6 over egg, cooking oil shortage
Hadi: Perikatan to wait for next GE to 'topple' govt
Zambry: Unity govt to sign coalition agreement soon
Body of foreign woman found floating in Pulau Jerejak
Tok Mat to deliberate on LCS issue soon
Bella's case: Siti Bainun's motion to suspend defence trial proceedings rejected
Man held for threatening duo with folding knife, sword in Ampang
All factors considered before appointing Zahid as DPM, says Anwar

Others Also Read