Business · Malaysia Bureau
Police bust online fraud ring in Penang, arrest 35 foreigners
Authorities in Penang have arrested 35 foreign nationals suspected of orchestrating romance scams and fraudulent gold investment schemes targeting victims across multiple countries. The coordinated raids represent a significant crackdown on organised online fraud operations in the state.
LSN Malaysia ·
Police in George Town conducted a series of simultaneous raids that resulted in the arrest of 35 foreign nationals believed to be part of a sophisticated online fraud syndicate. The operation targeted individuals suspected of perpetrating romance scams and illicit gold investment schemes, which typically lure victims into transferring money through false promises of romantic relationships or lucrative investment returns.
The arrests mark an intensified enforcement effort against transnational cybercrime networks operating from within Malaysia. Authorities have been increasingly focusing on dismantling organised fraud rings that use digital platforms to victimise people across borders, causing significant financial losses to unsuspecting targets.
Investigators are continuing their examination of devices, financial records, and communication logs seized during the raids. Police indicated that further arrests may follow as the investigation proceeds, and authorities are coordinating with international law enforcement agencies to trace the scope of the criminal enterprise and identify additional victims.
The Penang Police Commercial Crime Investigation Department has urged members of the public to exercise caution when engaging with unknown individuals online, particularly those proposing romantic relationships or investment opportunities. Authorities recommend verifying claims independently and reporting suspicious activity to local law enforcement.