MELAKA: Police have arrested 11 foreigners in a crackdown on an international financial scam syndicate during a raid at a condominium here.
Melaka police chief Deputy Comm Datuk Zainol Samah said a local man was among those nabbed during the raid at two units in the same condominium at midnight on Friday (May 19).
He said 11 Chinese nationals, including two women, were apprehended in the raid conducted by officers from the state police's commercial crime investigation department.
"The syndicate targets overseas victims only, not locals, by coaxing them to invest through advertisements on YouTube.
"The condominium units were rented by the syndicate and used as a call centre since the end of last year," he said on Saturday (May 20).
DCP Zainol said those arrested were aged between 30 to 36 years and have been remanded for four days to assist investigation under Section 420 of the Penal Code for cheating.
He said some 30 mobile phones, nine computers and two wireless routers were among the items confiscated during the raid.
DCP Zainol said the fraudsters would convince their victims to invest up to US$3,000 into a non-existent cryptocurrency scheme.
"Online communications with victims are discontinued once the desired amounts have been received by the scammers," he added.
