Latest news with #MuhammedHasbullahAli
The Star
2 days ago
- Business
- The Star
MBI Selangor refutes any connection to MBI International Group
PETALING JAYA: Selangor Mentri Besar (Incorporated) or MBI Selangor stresses that it has no connection, relationship or interest with MBI International Group (MBI) and individuals involved in the investigation into an investment fraud case. Sinar Harian reported that MBI Selangor said there was a possibility of public confusion arising from the similarity of names between the two entities and it is taking this seriously. 'MBI Selangor is a wholly-owned subsidiary of the Selangor government established to drive strategic development, investment and management of state assets in line with the aspirations of sustainable development and prosperity of the people of Selangor. 'Therefore, we urge the public to be careful and not to be confused with entities that are not related to the official operations of the Selangor government. 'Any further information about MBI Selangor can be obtained through our official website at or other official communication channels,' it said in a statement on Saturday (May 31). Previously, it was reported that a businessman with the title of Tan Sri was among three individuals who were arrested after being believed to be involved in an investment fraud scheme involving MBI. Bukit Aman Commercial Crime Investigation Department acting director Datuk Seri Muhammed Hasbullah Ali said the three suspects, who are local men aged between 46 and 58 years old, were arrested in raids carried out through Ops Northern Star around Kuala Lumpur and Penang between May 1 and 17. Inspector-General of Police Tan Sri Razarudin Husain had also announced that his department arrested eight individuals and seized assets worth RM3.17bil on April 11, based on information from an Interpol Red Notice.
Barnama
3 days ago
- Business
- Barnama
Ponzi Scheme: Tan Sri Among Three More Arrested, RM500 Mln In Luxury Assets Frozen
KUALA LUMPUR, May 30 (Bernama) -- Three more individuals, including a businessman with the title of Tan Sri, have been arrested to assist in investigations into an investment fraud scheme involving MBI International Group (MBI) under Op Northern Star. Bukit Aman Commercial Crime Investigation Department acting director Datuk Seri Muhammed Hasbullah Ali said the three suspects, aged 46, 54 and 58, were arrested in Kuala Lumpur and Penang between May 1 and 17. 'The three individuals acted as proxies who run various businesses to launder money accrued from the syndicate's fraud.
The Sun
3 days ago
- The Sun
Public advised to be alert: Beware of fraudulent haj offers
KUALA LUMPUR: The public is reminded to exercise caution when purchasing haj packages, following Saudi Arabia's recent decision to tighten the issuance of Mujamalah (special quota) visas for Malaysian pilgrims. Acting Director of the Commercial Crime Investigation Department (JSJK) Datuk Seri Muhammed Hasbullah Ali said that in light of the tightened issuance of Mujamalah visas, the department anticipates a rise in haj fraud syndicates promoting seemingly attractive fake packages to deceive unsuspecting victims. He advised the public to remain vigilant and avoid falling prey to such scams by verifying whether the company or agent offering the package is officially registered with the Ministry of Tourism, Arts and Culture (MOTAC) and Pilgrims Fund Board (Lembaga Tabung Haji - TH). To date, the police have received one report involving haj package fraud, with losses amounting to RM71,000, he told a press conference here today. He said this year, Saudi Arabia has reduced the number of Mujamalah visas for Malaysians to perform the haj pilgrimage, and because of that, the issuance of permits has become much stricter. According to Muhammed Hasbullah, a special task force has been formed by Bukit Aman, in collaboration with MOTAC and TH, to address the issues of stranded haj pilgrims. It will coordinate investigations, manage documentation and take legal action against those suspected of involvement in fraudulent haj package offers. The task force's operations centre will be at the One-Stop Centre Meeting Room, Level 2, Block B Parking, Main Terminal, Kuala Lumpur International Airport (KLIA, he4 said, adding that it is part of an initiative to strengthen the service delivery system to the people, especially in dealing with complaints and issues related fraudulent haj offers.
The Star
3 days ago
- Business
- The Star
MBI scam: Tan Sri among three more arrested, RM500mil in luxury assets frozen
KUALA LUMPUR: Three more individuals, including a businessman with the title of Tan Sri, have been arrested to assist in investigations into an investment fraud scheme involving MBI International Group (MBI) under Op Northern Star. Bukit Aman Commercial Crime Investigation Department acting director Comm Datuk Seri Muhammed Hasbullah Ali said the three suspects, aged 46, 54 and 58, were arrested in Kuala Lumpur and Penang between May 1 and 17. "The three individuals acted as proxies who run various businesses to launder money accrued from the syndicate's fraud. "Police have also frozen assets and properties believed to be the proceeds illegally acquired through a Ponzi investment pyramid scheme worth RM527,468,296.11,' he told a press conference here on Friday (May 30). He said among the assets and properties were four luxury yachts worth RM36.3mil, 477 properties worth RM150mil, four condominium units (RM12mil), 37 bank accounts (RM328,088,127.11) and cash (RM283,070). With the arrests, the number of individuals detained in the MBI investment fraud case stands at 17, with total assets frozen and seized amounting to RM3.81bil. Meanwhile, Comm Hasbullah did not rule out the possibility of further arrests and asset seizures. Asked whether any politicians were involved in the syndicate, he said none had been identified so far but did not dismiss the possibility pending further investigation.- Bernama
Barnama
3 days ago
- Barnama
Saifuddin Nasution's Whatsapp Account Hacked Using Foreign VPN
KUALA LUMPUR, May 30 (Bernama) -- The WhatsApp account of Home Minister Datuk Seri Saifuddin Nasution Ismail has been hacked using a foreign virtual private network (VPN). Commercial Crime Investigation Department (CCID) acting director Datuk Seri Muhammed Hasbullah Ali said that after accessing the minister's WhatsApp account, the suspect sent his URL links to all his contacts on the app. "So far, there have been no complaints of individuals suffering losses due to the incident. Swift action by the minister's officers, who immediately reported the incident, prevented anyone from being deceived.
