10583-696558.jpg

14 Chinese Men Arrested in Malaysia for Bitcoin Scam


14 Chinese Men Arrested in Malaysia for Bitcoin Scam

Malaysian authorities have arrested 14 Chinese men for operating a Bitcoin investment scam and violating the Immigration Act. Malaysian police have arrested 14 Chinese men for their involvement in a Bitcoin (BTC), scam targeting investors in their home country. Assistant Commander, Dzulkhairi Mukhatar, stated that the arrests took place on April 18, following two-months of surveillance. All of the suspects are aged between 20 and 30, three of whom do not have “valid travel documents,” according to the officer.

Malaysian police arrest crypto scammers targeting China

The group impersonated wealthy investors and targeted victims through popular Chinese messaging applications, WeChat and QQ. “All of the suspects would then give a fake testimony to persuade the victim into investing, “ said Assistant Commander Mukhatar. Read More...



12209-1021453.jpg
8373-961371.jpg
CEX-1-728x90.png