Businessman loses RM800,000 to investment scam

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BATU PAHAT: A businessman lost RM800,000 after becoming a victim of a fraudulent investment scheme for supplying food to schools. Batu Pahat district ...

: A businessman lost RM800,000 after becoming a victim of a fraudulent investment scheme for supplying food to schools.

During their meeting, at around 7.30 pm, the suspect proposed an investment tender for the period from June 1, 2023, to Oct 31, 2025, promising a profit rate of 17 per cent on the total investment.

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