KUALA LUMPUR: A Datuk is among 10 arrested for alleged links to a Forex investment scam involving losses of at least RM2.94mil. They also seized luxury watches and six kg worth of gold bars estimated to be worth over RM127mil. "We also seized several vehicles, documents and items which were linked to investment scam activities," he told reporters on Wednesday (Jan 5). Comm Mohd Kamarudin said they received a total of 23 police reports so far involving losses of at least RM2.94mil. Comm Mohd Kamarudin urged the public to always check with the relevant authorities, as well as Bank Negara before making any investment.

Source: The Star January 05, 2022 21:30 UTC