Police Bust Luxury Condo Forex Scam Call Centre, Arrest 10 Suspected Syndicate Members
PETALING JAYA: Kuala Lumpur police have dismantled an online investment fraud syndicate operating from a luxury condominium in Wangsa Maju after arresting 10 men during a targeted raid on Thursday.
The operation, conducted by the KL Police Strike Force at about 11am, resulted in the arrest of nine Chinese nationals in their 30s and one Malaysian believed to have supported the group’s day-to-day operations.
Kuala Lumpur police chief Datuk Fadil Marsus said investigators raided a unit on the 17th floor of the residential complex, where they seized several laptops and mobile phones believed to have been used to conduct fraudulent foreign exchange (Forex) investment activities.
Initial investigations indicate that the syndicate targeted victims in China by promoting fake investment schemes and persuading them to transfer money through online platforms.
Police believe the Malaysian suspect was responsible for providing logistical support and daily necessities to the foreign nationals while they operated from the condominium.
According to Fadil, the syndicate is believed to have begun operating in early May, using the apartment as a call centre to communicate with victims overseas.
The raid was carried out following public information and intelligence gathered by investigators on suspicious activities linked to the premises.
Police are now expanding their investigation to identify the owner of the condominium unit, individuals involved in arranging the property rental, as well as the masterminds responsible for facilitating the entry of the foreign suspects into Malaysia.
Members of the public with information related to the case are urged to contact the Kuala Lumpur Police Hotline at 03-2115 9999 or visit the nearest police station to assist the ongoing investigation.
