MACC will continue to work closely with BNM and other enforcement agencies to combat international scam syndicates. theSun theSundaily corruption scam syndicate MACC BNM
PUTRAJAYA, 23 Feb -- The Malaysian Anti-Corruption Commission in collaboration with the Immigration Department successfully foiled an investment fraud syndicate orchestrated by United Kingdom nationals in raids around the capital and Penang.
MACC said these efforts are following the arrest of the four foreigners, masterminds behind the syndicate, who were charged in the Shah Alam Court on March 16 and in the Butterworth Court on March 17, which is within three weeks of the operation being launched. Previously, five British citizens and two Philippines nationals were among 10 individuals arrested by the MACC in raids in Kuala Lumpur and Penang on Feb 21 in connection with an international investment fraud syndicate that also involved money laundering and corruption.
On allegations that five major banks are being monitored by the MACC regarding their involvement in the fraud syndicate, the MACC said the investigation is more focused on the individuals involved and not on the financial institutions specifically.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MACC tracking assets, money in investment fraud | The Malaysian InsightRecovery efforts carried out with help of Bank Negara, Interpol, FBI.
Read more »
Putrajaya gagal lindungi artis, industri kreatif, kata penerbit filem | The Malaysian InsightMenurut mereka gangguan dan ancaman terhadap pembikin filem tidak sepatutnya berlaku.
Read more »
Putrajaya ‘failing creative industry miserably’ | The Malaysian InsightFilmmakers say governments change but repression of cinema does not.
Read more »
Putrajaya rumus garis panduan guna alat dipacu AI untuk pendidikan, kata Khaled | The Malaysian InsightMenteri pengajian tinggi berkata kementerian sedang melihat untuk guna ChatGPT dan teknologi AI lain sebagai alat dalam proses pembelajaran.
Read more »
Putrajaya to offer guidelines on use of AI tools for education | The Malaysian InsightHigher Education Ministry to explore uses of ChatGPT in learning process.
Read more »
Putrajaya digesa tangani krisis penjagaan kesihatan negara | The Malaysian InsightPusat Galen untuk Dasar Kesihatan dan Sosial menggariskan beberapa aspek yang perlu diberi perhatian segera.
Read more »