Johor retiree ends up RM655,000 poorer after being duped in non-existent investment scam online

  • 📰 malaymail
  • ⏱ Reading Time:
  • 43 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 86%

Non-Existent Investment Scam News

Retiree Duped,Investment Scam,Police

JOHOR BARU, Aug 7 — A retiree claims to have lost over RM650,000 after falling victim to a non-existent online investment scheme on June 26. Johor Baru Utara District police...

High Court orders govt to transfer ‘Duta enclave’ land to Semantan Estate liquidators in one of the longest-standing civil land disputes since Malaysia’s independence

Review order on maternity leave for civil servants, MMA tells JPA, citing concern over ‘double standard’ between public, private sectorsJohor Baru Utara District police chief ACP Balveer Singh Mahindar Singh said the 73-year-old man received a link from an individual named ‘Tan Teng Boo’ who promised a 90 per cent return on the invested capital. — AFP picJOHOR BARU, Aug 7 — A retiree claims to have lost over RM650,000 after falling victim to a non-existent online investment scheme on June 26.

Attracted by the offer, the senior citizen agreed to invest and subsequently made nine transfers to five different accounts, with a total investment of RM655,109.80, from July 2 to July 30, he said. “He was then informed by ‘Tan Teng Boo’ that the account had been blocked. He lodged a report yesterday,” he said in a statement today.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JB retiree loses RM655,109 in bogus online investment scamSunda Shelves is a nature-focused bookshop that serves as a haven for eco-enthusiasts and readers
Source: staronline - 🏆 4. / 75 Read more »