8 April 2008 Penang A group of seven men, including a Taiwanese, have been arrested on suspicion of short message scams involving at least RM1 million. The numerous scams were reported in Johor, Selangor, Penang, Negri Sembilan and Perak. The scam syndicate would send short messages to victims notifying them of some prize winnings and […]
15 March 2008 Petaling Jaya Two victims have fallen prey to SMS scams designed to cheat them of their bank accounts, losing RM200,000 in the process. The victims received short messages on their mobile phones from the syndicate informing them that they have won cash prizes worth thousands of ringgit. Before the prizes could be […]
11 March 2008 Malacca Two Sudanese who have cheated a businessman of RM600,000 in a money-making scam were arrested by police during a raid on a rented house in Tengkera on 8 March 2008 at 1am. Two other accomplices of the same nationality are still at large. The 47-year-old businessman was introduced to the four […]
29 February 2008 Kuala Lumpur Phazaluddin Abu became the first person to be produced in court by the Securities Commission (SC) for unlawfully representing himself as a fund manager through a website. The 47-year-old general manager of a computer company claimed trial to the charge. It is believed that over 100 Malaysians have invested RM65 […]
26 September 2007 Kuala Lumpur Company directors Bryan John Marsden from England and his Malaysian wife Phan Sew Ken have been charged by Bank Negara with operating an online investment scam and collecting deposits without a licence. The companies that they have set up, namely PicPay Dot Com and New Mark Business Centre, were estimated […]