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KUALA LUMPUR, Dec 20 — Police have acquired 547 stories on dishonest involving three funding firms and opened 62 investigation papers on these instances below Part 420 of the Penal Code.
Bukit Aman Industrial Crime Investigation Division (CCID) director Datuk Seri Ramli Mohamed Yoosuf mentioned of this determine, 42 investigation papers had been nonetheless below investigative motion, 14 instances had been charged, 4 had been labeled as no additional motion and two had been nonetheless below motion by the Legal professional Normal’s Chambers.
“All police stories discovered to have components of dishonest or prison breach of belief will result in investigation papers being opened and investigated below sections associated to the actual crime below the Penal Code,” he mentioned in a press release as we speak.
Ramli mentioned most instances involving funding crime involved different authorized provisions, together with the Capital Markets and Companies Act 2007 (Act 671), Monetary Companies Act 2013 (Act 758) and Curiosity Schemes Act 2016 (Act 778).
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“When a police report is acquired, CCID will advise the complainant to refer their report back to the related company,” he mentioned.
He was commenting on the case of some 500 rip-off victims lodging stories with the Nationwide Anti-Monetary Crime Centre (NFCC) yesterday after alleging that the authorities had not taken motion towards the three funding firms.
Ramli mentioned non-governmental organisations preventing for these victims ought to realise that the authorities together with the police didn’t take dishonest instances frivolously.
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He suggested the general public to be cautious of funding schemes providing unusually excessive returns, particularly these run by unregistered firms. — Bernama
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