Police hunt for Gigamax investment scammers 
Crime 18 Dec 2024 Latest Malaysia

Police hunt for Gigamax investment scammers 

Police are pursuing seven individuals, including an Indonesian mastermind, Awaludin, and six Malaysians linked to the Gigamax investment scam, which caused over RM7 million in losses. Awaludin is believed to still be in Malaysia, while one suspect, Muhamad Nizam Sahar, has reportedly fled to Dubai. The Malaysians, aged 38 to 48, include NGO leaders Benjamin al Sharif and Mohd Norizwan Ali, along with Mohamad Sufi Abd Razak, Muhd Firdaus Khadri, and Risman Muhd Yatim, who acted as speakers and promoters for the scheme. Authorities have received 101 reports related to the scam.

Read more LM News

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia