: A former finance officer at a private company was left devastated after losing RM450,000 in savings due to being duped by a fraudulent investment scheme advertised on social media.
He said that although he had been involved in the investment world for nearly a decade, he admitted that his judgment was clouded by greed, prompting him to click on the provided link and enter the chatroom. “Instead, the platform urged me to invest RM1.5 million in an initial public offering of a foreign company, and that’s when I realised I had been scammed,” he told a press conference in Puchong today.
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