
Police bust online gambling syndicate, illegal digital money changer
KUALA LUMPUR: Online gambling syndicates and illegal digital money changers have been busted following several raids in the Klang Valley.
The Secretary of the Royal Malaysian Police, Datuk Noorsiah Mohd Saaduddin, informed the result of the raid that a total of 40 individuals were involved consisting of 17 local men and one woman, 15 men and six women who are Chinese citizens and a Singaporean man.
Noorsiah said that all the suspects aged between 20 and 58 years old were remanded from May 20 to 25.
“As a result of the investigation, this syndicate was found to be providing an online gambling platform targeting Taiwanese citizens.
“Customers interested in betting on the platform are required to make a money transfer to a donkey account believed to be in China.
“Once the money transfer is complete, the customer will be given ” points ” to be used on the gaming platform provided,” he said in a statement on Monday.
Noorsiah also informed that the investigation found that this syndicate also carried out digital money changing activities without a license by converting money received from China into crypto currency (USDT).
She explained that several items in the case were also seized, including 88 mobile phones, cash amounting to RM29,587, USD cash amounting to USD5,000, a golden ingot, three cars, three watch straps, three handbags, various types of jewelry and various brands of computer sets.
The case is being investigated under Section 420 of the Penal Code and Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act (AMLATFPUAA) 2001.