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Man loses RM325,811 to fake investment scheme in JB

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Investment Scam News

#Jangankenascam,Fraud,Johor Baru

KUALA LUMPUR: Scandal-hit Malaysian state fund 1Malaysia Development Berhad has filed a legal claim against corporate services provider Amicorp Group and its CEO alleging it facilitated over US$7 billion in fraudulent transactions, 1MDB said on Monday (Dec 23).

JOHOR BARU: A local man claimed he was cheated out of RM325,811.67 after investing in a fraudulent scheme.

"The victim was enticed by the promise of a 10% daily profit from the amount invested," he said in a statement.The victim proceeded to make seven transactions totalling RM325,811.67 from Nov 20 until Dec 22, 2024, to seven different bank accounts.

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