SUBANG JAYA: Police are seeking the public’s help to locate a suspect believed to be involved in an illegal money changer remittance service, that closed shop and ran off with over RM400,000.

Police are seeking Nazar Mohamed Hanifa (pic) (791214-12-5734), after they arrested two of his accomplices last week in response to 58 police reports lodged against them by customers they allegedly cheated.

Their case was highlighted in The Star on December 15, after a group on Indonesians claimed their moneychanger, who operates in a shopping mall in Persiaran Kewajipan, closed down and ran off with their money.

The money changer had for years been offering illegal remittance services to patrons, mostly Indonesians, who were looking to send back large amounts of money to relatives back home at a much lower exchange rate.

Subang Jaya OCPD ACP Yahaya Ramli said Nazar Mohamed was running an unlicensed money-changing outlet, after buying the store from the previous owner in February 2012.

“We believe he has fled to India with another accomplice.

“We have so far arrested two men in connection with the case and confiscated a CPU unit containing customer receipts and business records as well as a money counter machine,” he said Monday.

The case is being investigated under Section 4(1) of the Money Services Business Act and Section 420 of the Penal Code for cheating.-thestar