Police are still waiting for their Thai counterparts to contact them on investigations into a Malaysian businessman over alleged cheating cases involving more than 100,000 victims worldwide.

Bukit Aman Commercial Crime Investigations Department deputy director (intelligence and operations) Senior Asst Comm Datuk Jalil Hassan said Thai police had yet to contact his department for assistance in the case.

Thai media had reported that police there detained three suspects after a series of raids recently on a company called UFun.

Some 250 million baht (RM28.13mil) in assets believed linked to the company was seized.

According to Thai media, UFun group executive chairman Datuk Daniel Tay (pic), 40, is among three Malaysians wanted by police to assist in investigations into the company.


When contacted, Do­­mestic Trade, Cooperatives and Consumerism Ministry secretary-general Datuk Seri Alias Ahmad said there were four local complaints against a company also called UFun.

He said the complaints were about deposit-taking.

“We are investigating although there is no record of the company with us.

“Since the complaints were about deposit-taking, we could be looking at a company that is operating a pyramid scheme,” he said.

Bank Negara Malaysia, meanwhile, said a company listed as UFun Club had been placed on its Financial Consumer Alert (FCA) list of companies and websites that were not authorised or approved under the laws and regula-tions administered by the central bank.

UFun Club was categorised as being involved in and running unlicensed activities, and was blacklisted on July 25, 2014.

However, it cannot be ascertained if UFun Club is related to UFun in Thailand, said to be run by Tay.

On YouTube, a second video message from a man claiming to be Tay was released on Wednesday, calling on UFun members to stay calm and not believe rumours about him or the company.


He also said that it was inappropriate for him to give an interview or hold a press conference because his lawyer was handling the matter in Thailand.

In the first video released on YouTube on April 13, Tay denied allegations that his company was involved in fraud.


http://www.thestar.com.my/News/Nation/2015...de-cheating-ca/

*waiting*

Malaysia police always got excuse cannot catch...meanwhile Thai so efficient

Aku rasa 1mdb invest kat ufun la.

This post has been edited by aliesterfiend: Apr 24 2015, 11:41 AM

*waiting*

Sebab tarak isa.


Tunggu pota dulu

bunyi cangkerik........krik krik krik

"cayman island" "waiting for money to return to malaysia"

actually invested in UFUN UTOKEN