18 money laundering suspects nabbed in raids


SHAH ALAM: Eighteen money laundering suspects, 10 of them foreigners, were arrested in two separate operations, says Comm Datuk Shazeli Kahar.

The Selangor police chief said the first raid was conducted in Taman Ampang on April 14 where the foreigners, believed to have been handling proceeds that came from profits from scam operations, were arrested.

“Initial investigations found that the syndicate had been operating since January.

“Nine of the suspects were found to have acted as ‘operators’, managing incoming funds from overseas, including the Philippines, Taiwan, Hong Kong, Indonesia and India.

“All financial transactions were conducted via the social media platform and the funds were then converted into cryptocurrency (USDT) before being returned to the original owners,” Comm Shazeli said.

Another case saw the arrest of eight people, all locals, after police raided a home in Petaling Jaya.

The suspects were believed to have been handling and converting funds derived from fraud, and had been in operation since December last year.

On another matter, Comm Shazeli said two separate raids led to the busting of an online gambling group and a scam call centre operating.

Ten suspects, including a local man, were arrested for suspicions of operating an online gambling syndicate that specially targeted Chinese nationals.

The suspects were believed to have acted as operators by offering gambling games online and promising high earnings.

The second raid resulted in the arrest of three suspects in Subang Jaya, believed to have offered investment schemes to victims.

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