MBI Ponzi scheme: Individuals with 'Datuk Seri' title among those detained
Head of the Bukit Aman Anti-Money Laundering (Amla) Criminal Investigation Team, Datuk Muhammed Hasbullah Ali, confirmed the arrests when contacted, adding that they included individuals carrying the title "Datuk Seri'.
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New Straits Times
10 hours ago
- New Straits Times
Datuk Seri among those held in RM3.8bil MBI International scam
KUALA LUMPUR: A man with the title of "Datuk Seri" is among those detained to assist in investigations into an investment fraud scheme linked to MBI International Group, following a recent police operation dubbed Op Northern Star. Bukit Aman's Anti-Money Laundering Crime Investigation (AMLA) Unit chief Datuk Seri Muhammed Hasbullah Ali confirmed the arrest but declined to disclose further details. "The Inspector-General of Police, Datuk Seri Mohd Khalid Ismail, will provide a full briefing on the outcome of Op Northern Star in due course," he said when contacted. On May 30, Muhammed Hasbullah revealed that 17 people had been arrested in connection with the investment scam, with total assets worth RM3.81 billion frozen and seized. Among those arrested were high-profile businessmen with honorific titles such as "Tan Sri" and "Datuk Seri", believed to have acted as proxies or business associates in the fraudulent scheme. The arrests were made in the Klang Valley and northern regions of the country under the large-scale enforcement operation.
The Sun
10 hours ago
- The Sun
‘Datuk Seri' among latest arrests in MBI investment fraud case
KUALA LUMPUR: Police have made additional arrests in the ongoing investigation into the MBI International Group investment fraud scheme under Op Northern Star. Bukit Aman Anti-Money Laundering Criminal Investigation Team head Datuk Muhammed Hasbullah Ali confirmed the detentions, revealing that some suspects hold the title 'Datuk Seri.' He stated that Inspector-General of Police Datuk Seri Mohd Khalid Ismail will soon announce further details on the operation's progress. On May 30, authorities arrested 17 individuals linked to the MBI fraud case, freezing and seizing assets valued at RM3.81 billion. Muhammed Hasbullah noted that previous arrests included entrepreneurs with 'Tan Sri' and 'Datuk Seri' titles, suspected of acting as proxies in the fraudulent scheme. The operation has so far targeted suspects in the Klang Valley and northern states. - Bernama
The Star
11 hours ago
- The Star
MBI Ponzi scheme: Individuals with 'Datuk Seri' title among those detained
KUALA LUMPUR: Police have arrested several more individuals for investigations into the investment fraud scheme involving MBI International Group (MBI) under Ops Northern Star. Head of the Bukit Aman Anti-Money Laundering (Amla) Criminal Investigation Team, Datuk Muhammed Hasbullah Ali, confirmed the arrests when contacted, adding that they included individuals carrying the title "Datuk Seri'.
