Elderly man loses RM1.5mil to stock investment scam in Johor

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Courts Crime News

Stock Investment Scam,Cheating,Fraud

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“The advertisement on social media promised returns of up to 40% on investments within just 10 minutes. “Initially, the app displayed profits on his investments, and the victim managed to withdraw RM44,200.“The victim also lost access to the app, which had been deactivated,” he said, adding that it was then that the victim realised that he had been deceived and lodged a police report.

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