KUALA LUMPUR, Dec 11 — Bukit Aman Commercial Crime Investigation Department (CCID) director Datuk Seri Ramli Mohamed Yoosuf revealed that 51 police reports have been lodged over a forex investment scam causing RM11.9 million in losses. The scam, orchestrated by local and Indonesian individuals, involved a company in Indonesia acting as a broker and two others promoting the scheme to investors. Two suspects, a local man and an Indonesian, were detained in September and October. Authorities are investigating under Section 420 of the Penal Code for cheating. Ramli urged the public to verify investment schemes via official sources before participating.
Forex investment scam
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