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Malaysian police are searching for Mohd Ezman Zamani, 39, the alleged mastermind of a preference shares investment scam that has defrauded victims of RM2.3 million. Ezman, last seen in Rawang, Selangor, is wanted for questioning under Section 420 of the Penal Code. He allegedly lured victims through webinars, promising returns of up to 18% per annum. Initially, investors received dividends, but payments eventually ceased. The National Scam Response Centre (NSRC) 997 hotline now operates 24/7 to handle scam reports and inquiries.
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