News Formal

Company Account Manager Loses RM444,000 in Investment Scam

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 7 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Crime News

Investment Scam,RM444,000

A company's account manager was duped into losing RM444,000 through a share trading investment scam. The victim was tricked into investing through a WhatsApp group and an app, promised huge returns, but ended up losing his investment.

A company's account manager reportedly lost RM444,000 after being duped by an investment scam involving a share trading app. According to the Southern Johor Bahru Police Chief, the victim received a call from someone claiming to be a share investment consultant in early July, leading him to invest through a WhatsApp group and an app, believing he was going to reap substantial profits.

However, when he tried to withdraw his gains, he was asked to pay a 10% commission, realizing he had been scammed

 

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.

Johor man loses RM444,000 in fake stock scheme, while elderly New Zealander falls victim to bogus investment planJOHOR BAHRU, Nov 29 — An account manager of a private company lost RM444,000 to a stock investment scam that promised multiple profits allegedly using the ‘Arcadia Equity’...
Source: malaymail - 🏆 1. / 86 Read more »

MACC freezes account of company behind dUck brandPETALING JAYA: The Malaysian Anti-Corruption Commission has confirmed the freezing of several accounts under FashionValet, one of which is apparel com...
Source: theSundaily - 🏆 25. / 51 Read more »