Federal police’s Commercial Crime Department director Datuk Acryl Sani Abdullah Sani said following an arrest of a suspect on Wednesday linked to a crude palm oil investment scam which had raked in over RM31 million, police have seized cash, a luxury yacht and cars worth up to RM4.3 million from the main suspect. Pix by Hafiz Sohaimi

KUALA LUMPUR: Police seized cash, a luxury boat and cars worth up to RM4.3 million from the main suspect behind a crude palm oil investment scam, which had raked in over RM31 million.

The main suspect was initially arrested on Wednesday at a restaurant in Kepala Batas, Penang.

Federal police’s Commercial Crime Department director Datuk Acryl Sani Abdullah Sani said following the arrest, police launched another operation from yesterday until today.

“The follow-up operation saw a Bentley Continental, a Toyota Land Cruiser and RM850,000 in cash being confiscated.

“Police also sealed a 250-acre dates farm belonging to the suspect in Batu Kurau, Perak,” he said.

The items seized will be investigated under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

He also urged Malaysians not to fall for such frauds.

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