Investment scam syndicate busted, 29 arrested in police raid

KUALA LUMPUR: A total of 29 individuals were detained following a raid at a call centre used by an investment scam syndicate at Jalan Pudu Bukit Bintang.

Dang Wangi OCPD Asst Comm Noor Dellhan Yahaya said 13 local men, 10 local women along with six foreigners were detained during the raid conducted at 3.40pm on Friday (Sept 8).

"We seized 56 mobile phones, 27 laptops, 32 monitors, seven CPUs, three routers and a modem.

"The syndicate has been operating for about two months, renting the office space for RM17,400 a month," he said in a statement on Saturday (Sept 9).

Investigations showed that the syndicate targeted victims overseas, he said.

"Of those detained, 21 of them were working as customer service officers, which offered bogus investments in forex, commodity, shares and crypto currency via live chatting while three others worked as IT support and three others worked as part-time employees managing the office and the remaining two were managers of the operation.

"The suspects were paid between RM2,000 and RM10,000 monthly and they were also paid commission based on the roles they played.

"The two managers detained had prior criminal records," he said.

The suspects have been remanded until Monday (Sept 11), ACP Noor Dellhan said.

"We urge those with information on any criminal activity to contact Dang Wangi police at 03-2600 2222 or the nearest police station," he added.