Johor police chief Kamarul Zaman Mamat said the 32-year-old man was suspected to be involved in dealings of special or limited edition wristwatches and luxury handbags of brands like LV, Chanel, Dior, Hermes, Rex, Patek Philippe and Audemars Piguet between August and November this year.

The suspect was arrested in Bukit Jalil, Kuala Lumpur, at 4.45pm and brought to Johor, as the cases were reported in the districts of Johor Bahru and Iskandar Puteri.

Kamarul Zaman said police reports had been lodged by four businessmen aged between 31 and 40 who claimed that they were cheated by a local man.

He said investigations also found that the man had been involved in another case in Perak.

He would offer his victims special or limited edition watches and handbags at below the market prices. After agreeing to the offered price, the victim would be asked to make payment to a bank account.

However, he said once the payments were made, the suspect would disappear and could not be contacted.

Kamarul Zaman said the suspect has been placed in remand until Sunday for cases involving the Johor police, and would be handed over to Perak police when the investigation here is completed.