KUALA LUMPUR: A company owner and several secretaries were used by a syndicate as mule account holders to operate an investment scam.
The syndicate advertised on Facebook in March, luring victims by offering returns of up to 400%. Police successfully busted these scam operators with the arrests of six individuals, said Bukit Aman Commercial Crime Investigation Department (CCID) director Comm Datuk Seri Ramli Mohamed Yoosuf.
