Johor’s Iskandar Investment denies link with scam soliciting funds for individual investments | Malay Mail

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Johor’s Iskandar Investment denies link with scam soliciting funds for individual investments

Thursday, 12 Nov 2020 07:35 PM MYTA screenshot of the alleged scam, using the Iskandar Investment Berhad’s logo and name, to solicit individual funds via Facebook. — Picture courtesy of Iskandar Investment Berhad

An IIB spokesman said that the company denies being linked to individuals or syndicates that have been soliciting individual investment funds on social media using the company’s name. At present, two individuals have contacted the company to invest in a fake tiered-investment scheme where money has been transferred to unknown accounts.

A police report has been lodged by IIB’s management after they came across the alleged social media scam earlier this week.

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