KUALA LUMPUR: Police rounded up 100 people at a gathering for a get-rich-quick scheme at the Sunway Mentari business centre on Tuesday night and seized 17 luxury cars.
The 17 cars, including BMWs, a Nissan Fairlady, a Mitsubishi Lancer and a GTR Skyline, were used to lure people into investing. The scheme mostly targeted civil servants who earned less than RM2,000 a month.
Members of the scheme were required to recruit new members and new members were required to pay an initial sum of RM41,000 up front.Getting low earning members to pay up was not a problem as the recruiters would usually take care of the documentation to apply for bank loans.
(Modus Operandi)
Once the loans were approved, the RM41,000 would go into the personal accounts of the recruiters as the company did not have a bank account. Some members got back a fraction of what they paid about RM2,000 to RM3,500 for recruiting new members, while those who failed to bring in new faces got nothing.
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