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Forex scam suspect arrested

May 09, 2017


Kedah police have arrested and remanded a man suspected of having cheated at least 10 people in a forex scam.

The 43-year-old was nabbed after a man lodged a police report claiming he was cheated of 50,000 ringgit by the suspect.

The suspect is believed to have promised 50 percent returns every fortnight, causing losses of 3.5 million ringgit. 


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