Company director loses RM1.3 million to non-existent investment scam

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SEREMBAN: A company director lost over RM1.3 million after falling victim to a non-existent online investment scheme last month. Seremban district pol...

: A company director lost over RM1.3 million after falling victim to a non-existent online investment scheme last month.

“The victim made 16 transactions using both his own money and the company’s funds for the investment. He filed a report yesterday, and the case is being investigated under Section 420 of the Penal Code,” he said in a statement today.

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