A police probe is underway involving 254 people. They are being investigated for various alleged offenses, including cheating and money laundering. Providing unlicensed payment services is also a focus of the investigation.

The alleged scams have resulted in significant financial losses, with victims losing a total of $7.5m. The probe is examining the involvement of the 254 individuals in these scams.

Further details about the investigation and the alleged offenses are available from the source. The probe highlights the complexity and scope of the scams, with a large number of individuals being investigated and substantial financial losses incurred.