Man cheated of over RM200,000 in an investment scam

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BERLIN (Reuters) -German automotive supplier ZF will no longer take part in a planned chip plant in the German state of Saarland, putting the project on the brink of collapse, the Handelsblatt newspaper reported on Tuesday, citing government and industry sources.

"The victim, who works in the private sector, claimed he was cheated through a non-existent stock investment," he said in a statement on Tuesday .

ACP Zulkipli said on Aug 9, the victim received a message on WhatsApp from a representative of an investment company, offering an opportunity to make high returns through the 'Boci International Investment Club' which piqued his interest.Later, he was instructed to download an app as an investment platform.

"Between Sept 26 and Oct 11, the victim made 13 transactions, amounting to RM202,000 to three local bank accounts," he said. Subsequently, on Oct 21, he contacted the representative to inquire about withdrawing the profits but various excuses were given, ACP Zulkipli added. Feeling something amiss and that he might have been scammed, the victim reported the matter to the police.Delay of Social Work Profession Bill a travesty, say NGOs, activists267th Conference of Rulers commences Oct 23

 

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