Woman held over investment scheme scam

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Woman held over investment scheme scam FMTNews

KUALA LUMPUR: Police arrested a 60-year-old woman believed to be the main suspect in an investment scam known as “Investment HSBC Bank” on May 25.

“Based on our investigations, the investment scheme began early this year and offered 30% to 70% profits from the capital invested. However, she said once the victims had paid up for the investment scheme in cash, they were not paid the promised returns.

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