Broker loses RM1.45 million to bogus foreign investment scheme

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JOHOR BAHRU: A female broker reported a loss of RM1.45 million, after falling victim to a fraudulent overseas stock investment scheme, in May. Johor p...

: A female broker reported a loss of RM1.45 million, after falling victim to a fraudulent overseas stock investment scheme, in May.

He said that the victim was added to a WhatsApp group called ‘V-27 Pantheon Market Insight Academy,‘ where she received investment information, and was offered a free trip to Hong Kong to meet investors. “Initially, the victim observed profits on the application and was able to withdraw some earnings, leaving a balance of RM1.45 million for continued investment,” he said in a statement today.

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