ISKANDAR PUTERI: Police have arrested 14 males from China for involvement in cryptocurrency (bitcoin) scams in a home at Horizon Hills right here.
Iskandar Puteri OCPD Asst Comm Dzulkhairi Mukhtar stated the arrests had been made round 2.15pm on Saturday (April 18) following a two-month lengthy surveillance.
“The suspects are aged from 20 to 30 with three of them having no legitimate journey paperwork,” he stated when met by reporters at Iskandar Puteri police headquarters right here on Sunday (April 19).
He added that the suspects focused victims from China by impersonating as a profitable investor.
“One in all them would pose as a profitable investor or a mentor whereas the remaining will pose as buyers earlier than creating a bunch chat by means of WeChat and QQ software for every of their victims.
“All the suspects would then give a faux testimony to influence the sufferer into investing,” he stated, including that the group has been energetic for the previous two months.
ACP Dzulkhairi added that police are nonetheless investigating the overall variety of victims and the worth of cash scammed by the group.
The case is being investigated beneath Part 420 of the Penal Code for dishonest which supplies for a jail sentence of as much as 10 years and caning, with the opportunity of a nice, if convicted.
They’re additionally being investigated beneath Part 6(1)(C) of the Immigration Act 1959/63, which supplies for a nice of no more than RM10,000 or jail of as much as 5 years, or each, and as much as six strokes of whipping on conviction.
