Johor man loses RM444,000 in fake stock scheme, while elderly New Zealander falls victim to bogus investment plan
Johor Bahru South district police chief ACP Raub Selamat said the 53-year-old local man lodged a police report yesterday claiming he was first contacted by a man claiming to be a stock investment consultant who invited him to invest in the stock market in July. “After doing so, the victim found that his investment account showed a very high profit of RM3,163,460.43,” he said in a statement today.
In another case, an elderly New Zealander lost his savings of RM216,000 to a non-existent investment scheme last month.
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Johor manager loses over RM500,000 in phony investment scheme promising quick profitsJOHOR BARU, Nov 2 — A company manager lost over RM500,000 after falling victim to a non-existent stock investment syndicate. Kulai District police chief Supt Tan Seng Lee stated...
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