Branch organizations of Penang’s overseas online fraud syndicates were exposed_3 men were responsible for money laundering and were arrested

A Penang-based multinational online fraud syndicate has a branch in Kedah and employs three men from Penang, with their salaries ranging from RM2500 to RM6000.These men carried out money transfer and remittance work for the fraud group, and eventually the three were arrested by the police.
Today, Northeastern County Police District Chief Sufian said at a press conference that the Northeastern County Commercial Crime Investigation Team launched a raid on August 8 and arrested a total of 1 local men and brought them back to Penang Island’s Hongmao Road and Among the two high-end condominium units in Gurney Drive.

Police found multiple bank cards from different banks, 24 mobile phones, 2 laptops and 5 suspected fake ID cards in two apartment units.

He went on to say that the police investigation revealed that the leader of the online fraud group was not in Malaysia, but in another country in Asia, because during the investigation, the police found that the arrested suspects used Chinese, and the Chinese they use is not the accent of Malaysians.

He pointed out that according to the police investigation, three 3-year-old suspects were found to be responsible for the collection and transfer of the fraud group, that is, they were responsible for transferring the money obtained through fraud and using complex operating procedures to remit the money to different banks. account.

After investigation, it was found that the amount of each transfer was between RM5 and RM10.

He said the three men currently earn salaries between RM2500 and RM6000 and receive a 3% commission for each successful transfer.

He pointed out that among the bank cards found by the police at the scene, it was believed that another group of people was responsible for recruiting people to borrow bank accounts and convert them into "money donkeys."However, the group sent the cards to three people to make the transfers.

Police believe this online fraud syndicate has branches in different locations and is responsible for different tasks.

The police said they successfully uncovered branches of the fraud group based on 16 fraud reports.

He said that these 16 investment reports came from Kuala Lumpur, Selangor, Johor and Perak.The reports range from sex trafficking scams to investment scams to job offer scams.

He added that the police investigated the case with reference to Section 420 of the Penal Code.