Cops nab 40, smash crypto scam syndicate involving RM50mil losses

KUALA LUMPUR: Police have busted a cryptocurrency investment syndicate, involving losses amounting to over RM50mil, with the arrest of 40 individuals.

Bukit Aman Commercial Crime Investigation Department director Datuk Seri Ramli Mohamed Yoosuf said the 31 men and nine women, aged between 20 and 55 years old, were arrested in a three-day nationwide operation from Oct 29.

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investment , cryptocurrency , Ramli Mohamed Yoosuf , police , Bukit Aman

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