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Man loses RM230,000 to online investment scam

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LONDON (Reuters) -Arsenal returned to the top of the Premier League with a comfortable 2-0 victory over relegation-threatened Luton Town on Wednesday despite fielding a much-changed side.

SEREMBAN: A man has been duped out of almost RM230,000 after investing his savings in an online investment scam.

"The victim claimed he had received a call from a man on Jan 15 offering him an online investment scheme purportedly linked to the Goldman Sachs Group.Supt Abdul Malik said the victim believed the stranger and transferred cash into several bank accounts via eleven transactions. The case is being investigated under Section 420 of the Penal Code for cheating and carries a jail term of between one and 10 years, whipping and a fine upon conviction.

 

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