taufic
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New suspect nabbed over forex scam
By DURIE RAINER FONG
[email protected]
KOTA KINABALU: Another suspect has been detained in connection with the fictitious multi-million ringgit foreign exchange scam that saw Sabahans being duped out of RM38mil.
State Commercial Crimes Investigation Department chief Supt Jauteh Dikun said the 33-year-old man was detained here in December as police closed in on the syndicate, which is believed to have international links.
Police have received 106 reports from investors throughout Sabah who were conned of between RM20,000 and RM500,000 each since the syndicate started operating in October 2010.
It is believed that more victims have not come forward.
Supt Jauteh said the first suspect was detained in October last year, and police are looking for more suspects involved in the scam, including the key figure aged 46.
The victims, comprising professionals, directors, managers and businessmen, were duped into believing they could double or triple their investments in a short time through the forex investments.
The Star
38 juta byk tu