Investment scam leaves Kulai man RM100k poorer

  • 📰 staronline
  • ⏱ Reading Time:
  • 10 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 75%

Courts Crime News

#Jangankenascam,Johor,Kulai

SINGAPORE: Former transport minister S. Iswaran will not be appealing the sentence handed down by the High Court on Thursday (Oct 3).

Kulai OCPD Supt Tan Seng Lee said the victim was interested in an investment offer that guaranteed a 10% return in a short period.

"Tempted by the lucrative-seeming returns, the victim made 17 payments totalling RM102,408 into six local bank accounts from July 31 to Sept 28,” he said in a statement on Monday .

 

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

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

AirAsia to launch Siem Reap-Singapore route to boost tourism and investmentKUALA LUMPUR: The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said.
Source: staronline - 🏆 4. / 75 Read more »

Premier: Sarawak mulls consolidated entity for asset, investment management like Singapore’s Temasek HoldingsKUCHING, Oct 3 — The Sarawak government is contemplating setting up a consolidated entity as its asset management and investment arm, said Tan Sri Abang Johari Openg. The...
Source: malaymail - 🏆 1. / 86 Read more »

M’sian’s tea-rrific masala chai business earns RM100k monthlyA Malaysian man is earning around RM100,000 a month from mostly selling masala tea from his bicycle in Kuala Lumpur.
Source: theSundaily - 🏆 25. / 51 Read more »