Trader loses over RM100,000 in investment scam

A trader in Temerloh lost more than RM100,000, after falling victim to a fraudulent investment scheme last month, which promised high returns.

Pahang police chief Datuk Seri Yahaya Othman said the 67-year-old man joined a purported share investment scheme on Nov 8, through the WhatsApp application, after being enticed by a man who claimed to be a senior official of the stock exchange. According to Yahaya, the victim was attracted by the scheme after being told there would be no investment tax if he committed on the same day.

“The victim made nine transactions, transferring a total of RM117,000 to eight different bank accounts. He later realised he had been scammed, when he could no longer contact the suspect and did not receive the promised returns,“ he said, in a statement today. Yahaya added that the victim had used his personal savings for the investment. He urged the public to exercise caution and verify the legitimacy of any online investment opportunities, to avoid falling prey to similar scams.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Teluk Intan company director loses almost RM100,000 to scammers(Reuters) -Apple is developing its first server chip specially designed for artificial intelligence, the Information reported on Wednesday, citing three people with direct knowledge of the matter.
Fuente: staronline - 🏆 4. / 75 Leer más »

Man Loses Over RM100,000 to Year-Long Bogus Islamic Investment SchemeA 73-year-old man in Kota Tinggi fell victim to a year-long bogus Islamic investment scheme, losing over RM100,000. He was lured in by a Facebook advertisement promising high returns and contacted via WhatsApp by a woman who explained the investment. The victim made multiple payments over a year but received no profits. Police are investigating the case.
Fuente: staronline - 🏆 4. / 75 Leer más »