Trader loses RM1.2 million in scrap metal investment scam

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Bernama News

Business Business Latest News,Business Business Headlines

IPOH: A trader suffered losses amounting to nearly RM1.2 million after being deceived by an investment scam involving a scrap metal business since Aug...

: A trader suffered losses amounting to nearly RM1.2 million after being deceived by an investment scam involving a scrap metal business since August 2022.

“The suspect posed as an investment agent and persuaded the victim to invest in the business, promising a four per cent monthly return on the invested capital, with a full return on investment within 18 months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trader loses more than RM1 million over investment scamALOR SETAR: A trader incurred losses amounting to more than RM1 million after falling victim to an investment scam syndicate via Facebook. Kedah Comme...
Source: theSundaily - 🏆 25. / 51 Read more »