Investment scam syndicate busted

That’s not gold, man: Comm Ramli holding up fake gold bars that were among the items seized from a scam syndicate operating a call centre in PJ. — LOW BOON TAT/THE STAR

KUALA LUMPUR: An investment scam syndicate that posed as the “Goldman Sachs” investment firm managed to dupe 41 victims to part with nearly RM11.4mil.

Bukit Aman Commercial Crime Investigation Department (CCID) director Comm Datuk Seri Ramli Mohamed Yoosuf said 12 individuals were nabbed following raids in Selangor, Johor, Negri Sembilan, Perak, Kedah, Penang and Sarawak on April 29.