Malaysian mastermind behind RM105mil scam arrested in Thailand

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Malaysian mastermind behind RM105mil scam arrested in Thailand
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PETALING JAYA: Thai police have cracked down on a scam syndicate and arrested nine suspects, including two Malaysians, who allegedly lured more than 50 victims into an investment scheme, causing losses of 800 million baht (RM105.26 million).

PETALING JAYA: Thai police have cracked down on a scam syndicate and arrested nine suspects, including two Malaysians, who allegedly lured more than 50 victims into an investment scheme, causing losses of 800 million baht .

SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year. Read more He said the Malaysian men and Thai woman were believed to be part of a transnational syndicate operating across Thailand, Malaysia, Cambodia and Hong Kong.

Puttidej said the two Malaysians are facing charges that include fraud, computer crimes and technology crimes. They could be jailed for up to five years for the offences. Puttidej said police seized 84 bank accounts containing more than 20 million baht in total as well as 20 crypto accounts.

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