They were among the 14 people, comprising nine men and five women aged 28 to 58, arrested last Wednesday, said Bukit Aman Commercial CID Director Mortadza Nazarene.

He told a press conference at his office in Menara 238, here, today that they were picked up in Kuala Lumpur, Selangor, Malacca, Pahang, Kelantan and Penang.

He said six of them were arrested under the Crime Prevention Act 1959, while the remaining under Section 420 of the Penal Code for suspected fraud.

Mortadza said police were still hunting for several individuals suspected to be members of the syndicate to assist in the investigation.

Yesterday, an actor, Adlin Aman Ramlie, 44, denied at a press conference that he had any link with the company after he was called to give a statement at the Dang Wangi police station on the issue last Wednesday.

Commenting on this, Mortadza said investigations were still under way.

Thus far, he said the police had received 175 reports from the scheme’s “members” and believed more had yet to lodge reports, adding that police had traced several others, including those from Brunei.

“Information received revealed that 500,000 had invested about RM35 million,” he added.