Malaysian police have arrested at least seven foreigners including a Liberian whose names were not disclosed for security reasons for conning a businesswoman of RM500,000 equivalent to US$113, 077.28 in a black money scam.
According to the Star newspaper online, the six Nigerians and a Liberian were arrested in a series of raids in Kuala Lumpur over the past few days. Police are now investigating whether these culprits were involved in other cases in the Klang Valley and Johor.
It is learnt that the businesswoman, in her 30s, was introduced to a supposedly new business venture several weeks ago without knowing that a syndicate was behind it.
She was asked to attend a special preview at a posh hotel in Kuala Lumpur where the syndicate members used special chemicals to turn blank paper into US$100 notes.
“The suspects were very convincing. They even gave her several notes so that she could change them at a money changer as a way to verify the authenticity,” a source said.
The woman was convinced when a money changer accepted the US$100 notes.
She later gave them RM500,000 equivalent US$50,000.