KUALA LUMPUR: A school teacher high on police's wanted list for his involvement in the 'Highway Group' get-rich-quick scheme syndicate was arrested in Hartamas, early this morning.
A police team investigating the syndicate managed to arrest the 46-year-old suspect in the nick of time before he could flee the country.
Federal police Commercial Crime Investigation Department (CCID) director Datuk Acryl Sani Abdullah Sani said the teacher, who is a member of the group's board of directors (BOD), made a condominium unit in Sri Hartamas as his temporary hideout.
Acryl said police investigation revealed that the suspect had made l plans to escape to another country to avoid prosecution.
"At 1am today, a police team executing Op Nuri against the Highway Group syndicate raided a condo unit in Sri Hartamas where they nabbed a member of the group's BOD.
"He was hiding inside one of the rooms when the raiding party searched the unit.
"The man from Kok Lanas, Kelantan, is being detained under Section 3(1) of the Prevention of Crime Act to facilitate investigations," he said in a statement.
The man is the 16th suspect arrested by CCID so far in their crackdown against the syndicate, which police believe had raked in over RM35 million from its members.
Initial investigations revealed that the group had about 500,000 members.
It was reported that police have arrested 15 people, including the syndicate's two leaders, a "Datuk" and a "Datuk Seri", for their involvement in the scheme.