Company MD loses RM520,000 to phone scam syndicate

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JOHOR BAHRU: The managing director of a private company has been cheated of RM520,000 by a phone scam syndicate, according to Johor police.

JOHOR BAHRU: The managing director of a private company has been cheated of RM520,000 by a phone scam syndicate, according to Johor police.

The call was then transferred to another person who posed as Insp Lee Kha Seng, who offered assistance by transferring the victim's money to a specified bank account to avoid it being seized while an investigation was conducted.

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