Victims lose millions to ‘investment gurus’ on WhatsApp

These “experts” will add victims into WhatsApp groups and share tips on how to invest in the stock market.

The source added that an investment scheme known as Sencapital, which runs a WhatsApp group named JP Morgan Business School, used similar tactics to deceive 42 victims – 70% of them retirees – of RM6.71mil since November last year. Teo urged those who believe they have been cheated to call the National Scam Response Centre for help.

Lee, who is originally from Seremban, said her sister stayed by her side in Taiwan and encouraged her to make new friends.

Only greed created scammer marketing

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

NGOs help victims lodge reports over investment scams believed to have raked in up to RM830milKUALA LUMPUR: By offering high dividends of up to 15% a month and yearly profits of up to 24%, a marketing management company with five different types of investments purportedly caused investors to suffer huge losses, mostly out of their retirement funds.
Bron: staronline - 🏆 4. / 75 Lees verder »

Statutory funds should opt for diverse investment, says economistKUALA LUMPUR, March 12 — Lembaga Tabung Angkatan Tentera’s (LTAT) move to bring Boustead Holdings Bhd (BHB) private had stirred discussion on whether statutory funds should opt...
Bron: malaymail - 🏆 1. / 86 Lees verder »