Police arrest nine Chinese nationals in a luxury condo raid linked to an online stock scam targeting victims from China.
KUALA LUMPUR: Police arrested nine Chinese nationals suspected of being involved in an online stock investment scam at a luxury condominium in Mont Kiara here this afternoon.
Kuala Lumpur police chief Datuk Fadil Marsus said the suspects, all males, were arrested in a raid conducted between noon and 2 pm by the Anti-Vice, Gambling and Secret Societies Division of the Kuala Lumpur contingent police headquarters.
He said police also seized 23 mobile phones of various brands, nine laptops, several electronic devices and RM2,500 in cash.
“Initial investigations found that the premises had been operating for the past two months and targeted victims from China.
“The syndicate’s modus operandi was to act as a support team, providing advisory services to customers on account registration through a website purportedly belonging to the official platform of an international investment company,” he said when contacted.
Fadil said the suspects comprised one supervisor and eight employees, who were each offered a monthly salary of RM3,000.
He said all those arrested, aged between 24 and 42, along with the seized items, were taken to the Kuala Lumpur contingent police headquarters for further action. The case is being investigated under Section 420 of the Penal Code.
