Malaysia: Money laundering suspects also involved in forex investment fraud
23 Oct 2020

The police revealed that a call centre for an international gambling syndicate masterminded by two men believed to be involved in a recent money laundering case was also involved in a foreign exchange (forex) investment fraud cases.

Bukit Aman Criminal Investigation Department (CID) director Datuk Huzir Mohamed said investigations found the two men, including the one who fled by climbing the MACC fence were carrying out Forex investment promotional activities as well as deceiving victims.

“Investigations involving the syndicate will be continued by the Commercial Crime Investigation Department, Special Branch and Bukit Aman Integrity and Standard Compliance Department.

“We would like to clarify that last year the Criminal Investigation Department has taken action against this syndicate in Malaysia and has charged them under the Prevention of Crime Act (POCA) 1959, in addition to another 2,069 individuals,” he said in a special press conference here today.

Huzir said they will not arbitrarily release the two men because the investigation into the case was still ongoing.

One of the individuals is still in custody while another escaped by climbing over the fence at the Malaysian Anti-Corruption Commission (MACC) headquarters in Putrajaya on Oct 11.

Asked whether the case involved the intervention of any politician, Huzir denied the matter.

“There is no involvement of politicians in relation to the Macau Scam investigation and we are conducting the probe professionally, transparently and thoroughly,” he said.

Meanwhile, Huzir said they also detained 138 individuals in 12 raids around the Klang Valley over the past four days on suspicion of being involved in gambling call centre activities following the dismantling of the syndicate.

Read more at Malay Mail

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