Malaysian police in Malacca arrested 13 suspects linked to a romance scam and fake cryptocurrency exchange operation targeting Chinese citizens. The ring used messaging apps including Telegram, QQ, and Soul to lure victims with false promises of high returns on purported crypto trading schemes.
Authorities seized 12 laptops, one desktop computer, and 26 mobile phones from the group. Total victim losses remain under investigation.
Malaysian Police Dismantle Fake Crypto Exchange Scam Ring, Arrest 13 Suspects
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