Po­lice task force to probe VenusFX

The Sun (Malaysia) - - NEWS WITHOUT BORDERS -

KUALA LUMPUR: A task force of six po­lice of­fi­cers from the Kuala Lumpur po­lice com­mer­cial crimes in­ves­ti­ga­tion depart­ment (CCID) and Bukit Aman has been set up to in­ves­ti­gate for­eign cur­rency trad­ing com­pany VenusFX and com­pa­nies linked to it .

KL CCID chief Mohd Luthfi Is­mail Ab­dul­lah said sev­eral re­ports have been lodged and po­lice will soon com­pile a list of peo­ple to ques­tion.

“When the time is right, we will call up the nec­es­sary par­ties,” he told theSun.

He said po­lice are com­pil­ing re­ports against the com­pany na­tion­wide be­fore in­ves­ti­gat­ing the mat­ter in de­tail.

“We don’t want to have a du­pli­cate of in­ves­ti­ga­tions in dif­fer­ent states, we want all the in­ves­ti­ga­tions un­der one roof,” he said.

theSun yes­ter­day car­ried a front-page story in which MIC trea­surer-gen­eral Datuk Seri S. Vell Paari held a press con­fer­ence in Pe­tal­ing Jaya with more than 100 of those af­fected.

He al­leged a cou­ple had been name-drop­ping and claimed they were close to top gov­ern­ment lead­ers and of­fi­cials in “high places”, in­clud­ing those at the Fi­nance Min­istry.

The cou­ple, how­ever, de­nied cheat­ing the af­fected in­vestors, call­ing Vell Paari’s al­le­ga­tions “defam­a­tory”.

Mohd Luthfi also ad­vised the pub­lic not to fall prey to pyra­mid and multi-level mar­ket­ing schemes.

“Make safe in­vest­ments, don’t go for the (get-rich-quick) schemes.

“Any­thing that is too good is hard to be­lieve. They lure you into mak­ing money. Th­ese pyra­mid schemes can only last as long as there are in­vestors.” – by Ti­mothy Achariam

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