Authorities crack down on MBI


GEORGE TOWN: After watching the premises closely for a month, the authorities sprang into action and arrested a key person in virtual money scheme operator MBI Group International.

Four bank accounts of a newly-established company that belonged to the suspect’s relative, with deposits totalling RM30mil, were also frozen, while luxury cars and cash were seized in raids on three premises in Penang and Kedah carried out early on Monday morning.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Two relief centres in Kota Tinggi close as floodwaters recede
Umrah operator faces suspension after 379 pilgrims left stranded
Slight increase in Johor flood evacuees, numbers stable in three other states
Anwar to meet UK counterpart Starmer in London today
132 Filipinos deported from Sabah
High NRW rate, pipe bursts cause low water pressure, says Sabah Works Minister
Man electrocuted while installing internet line
Balancing law enforcement and privacy in mobile phone checks crucial, says Lam Thye
Johor cops dismantle loan shark syndicate, four nabbed
Teen detained over fatal crash in Kuching

Others Also Read