Gombak trader loses over RM1.6m in non-existent online investment scam via WeChat app

  • 📰 malaymail
  • ⏱ Reading Time:
  • 54 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 86%

Non-Existent Online Investment Scam News

Police

SHAH ALAM, Nov 11 — A trader in Gombak suffered losses of over RM1.6 million after he fell victim to a non-existent online investment scam. Selangor police chief Datuk Hussein...

High Court rules Malaysian Bar can’t challenge Pardons Board over Najib’s shortened SRC jail term, says board’s advice part of process leading to Agong’s pardon

Does it seem like Malaysia is taking very small steps forward in the war on drugs? Bukit Aman’s narcotics chief explains what’s going onSelangor police chief Datuk Hussein Omar Khan said investigations revealed that the victim was duped by the suspect via the WeChat application. — Picture by Ahmad ZamzahuriSHAH ALAM, Nov 11 — A trader in Gombak suffered losses of over RM1.6 million after he fell victim to a non-existent online investment scam.

“The suspect sent a link and asked the victim to download the investment app for the platform and for depositing funds into the victim’s account. Hussein said the victim tried to withdraw the profits but couldn’t and was instead given excuses such as the need to pay taxes and “cross-border transfer fees” for the withdrawal process.“The victim then made 44 transactions to the suspect, involving four different accounts, amounting to RM1,688,725 before realising it was a scam when the promised profits could not be withdrawn,” he said, adding that the victim lodged a police report on Saturday .

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:

 /  🏆 1. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines