Bukit Aman (Federal Police) Commercial Crime Investigation Department director Acryl Sani Abdullah Sani said the husband and wife, aged 45 and 43, were picked up in Sri Petaling at 9pm yesterday.

“The couple allegedly offered financial consultancy services on investments via advertisements on Facebook.

“The suspects then convinced the public to join the investment schemes provided by their company,” he told Bernama here today.

Sani said the investment platforms offered were commodities trading, hotel leases, share acquisitions and real estate.

“The suspects also claimed that they were agents for several investment schemes that offered high profits of between 50% and 80% for each of the investment platforms,” he said.

Sani also said subsequently, the couple would give the company’s account number to the victims to transfer the money.

Police had received 34 police reports nationwide and 11 investigation papers were opened, he added.