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Man loses RM224,000 to investment scheme

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Scam,Investment,Social Media

LONDON (Reuters) - The new British government's first international investment summit will feature senior executives from companies including Google, Wayve and Brookfield Asset Management, the government said on Saturday.

Kota Tinggi OCPD Supt Yusof Othman said the 57-year-old victim received a WhatsApp message in January 2022, inviting him to invest in a scheme called Freezer, which offered him a price of RM11,000 per unit.

“He lodged a police report yesterday and the case is being investigated under Section 420 of the Penal Code,” he said in a statement yesterday, Bernama reported.

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