Cops probing RM3.5mil crypto investment fraud


KUALA LUMPUR: Police have received eight reports of fraud involving a non-existent crypto investment scheme called "Kakaue,” advertised on Facebook, with total losses amounting to RM3.5mil.

Bukit Aman Commercial Crime Investigation Department director Comm Datuk Seri Ramli Mohamed Yoosuf said that 22 bank accounts registered under various company and business names are being investigated for being used as mule accounts by the syndicate behind the crypto investment scheme.

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crypto , scam , police , online , Kakaue

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