PETALING JAYA: A large-scale operation against scams and money laundering has led to the arrest of four suspects with "Datuk" titles and the seizure or freezing of assets worth over RM3bil.
Inspector-General of Police Tan Sri Razarudin Husain said they were among eight suspects aged 44 to 62 detained during Ops Northern Star on March 20.
The operation was a result of information shared via Interpol's Red Notice, he said in a statement on Friday (April 11).
"We have frozen several assets and illegal profits believed to be closely linked to Ponzi schemes that went by 'Pelaburan MBI', based overseas.
"Among those arrested were two businessmen and two lawyers with the title of Datuk," he said.
The operation led to the freezing of 638 bank and share trading accounts containing a total of RM1.16bil.
In addition, 35 properties worth over RM2bil were seized.
"In total, the value of all seizures and asset freezes was estimated to be around RM3.17bil," he said.
The IGP also advised the public to be aware of suspicious activities and to share any information with the police.
Save 30% for ads-free and full access now!
