KUALA LUMPUR, May 30 -- Police have seized and frozen an additional RM527.5 million in assets linked to the MBI International Group investment scam, bringing the total value of assets recovered to RM3.8 billion.

Bukit Aman commercial crime investigation department (CCID) acting director Datuk Seri Muhammed Hasbullah Ali said the latest seizures followed the arrest of three individuals earlier this month in Penang and Kuala Lumpur, including a businessman with a "Tan Sri" title, according to a report published in Free Malaysia Today.

"Among the seized assets are 477 properties valued at approximately RM150 million, four condominium units worth RM12 million, as well as four luxury yachts and three passenger boats worth RM36.3 million," Ha...