Six locals and a China national believed to be involved in a Bitcoin investment scam have been arrested in a raid in Taman Abad
According to the Johor Bahru ACP South District Sheriff Mohd Padzli Mohd Zain, six locals, and one Chinese citizen have been accused of being involved in a Bitcoin investment scam. They have been detained during a raid in Taman Abad here.
China national among seven nabbed over Bitcoin investment scam
The suspects, including five men and two women aged 17 to 25, were arrested at 5:30 p.m. on December 24.
Mohd Padzli said:
“All suspects were believed to receive a salary of around RM3,000 a month, with a 5% commission from the investment scam. The scam used a website and victims were urged to the bank in money into a bank account, believed to be controlled by China. ”
He added:
“The suspects were tasked with looking for victims on social media and to engage them in conversation to gain their trust and urge them to invest in Bitcoin. Victims were also required to register when joining the investment scam to access the website, before banking the money into the bank account. ”
Mohd Padzli also revealed that a Dell laptop and 25 mobile phones of different brands used by the suspects to carry out the scam were also confiscated during the raid and the examination revealed. None of the suspects had a criminal record. According to him, six local people were re-buried for three days while the Chinese nation was re-education for 14 days. The case is being investigated under section 420 of the Penal Code.
He advised the public to be cautious with offers to engage in any investment activity and ensure that the investment program actually exists and is registered with Bank Negara Malaysia.
Read more:
- More OneCoin Victims Have Come Forth In Argentina, While The “Public Face Of OneCoin” Is In Plea Talks For A Range Of Charges
- EXMO Paused Withdrawals After Detecting Unexpected Withdrawals From Its Hot Wallets