Farmer, 52, loses RM300,000 to online investment scam

📆 15/12/2024 6:05 pm
📰 staronline

⏱ Reading Time:
26 sec. here
9 min. at publisher
📊 Quality Score:
News: 38%
Publisher: 75%

Courts Crime News

Police,Crime,Scam

(Reuters) - Thanasi Kokkinakis and Nick Kyrgios will team up for doubles at next month's Australian Open, and the entertaining local duo is aiming to dazzle crowds at the Grand Slam again.

KLUANG: A 52-year-old smallholder farmer has lost RM300,000 of his life savings to an investment scam he saw on Facebook.

ACP Bahrin added that after making the payments, the victim received no promised returns and was frequently given excuses.The case is being investigated under Section 420 of the Penal Code for cheating, which provides for a penalty of up to 10 years in prison, whipping, and a fine upon conviction,” he said.

“It is recommended to verify offers thoroughly and follow the official social media pages of the Royal Malaysia Police for updates and insights into the latest commercial crime modus operandi.

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:

Write Comment

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Sabah's Finance Minister Denies Receipt of RM300,000Datuk Seri Masidi Manjun, Sabah's Minister of Finance, denies receiving RM300,000, as alleged in whistleblower videos. He claims no knowledge of the funds and is willing to cooperate with investigations.
Source: UMonline - 🏆 27. / 51 Read more »

Sabah's Finance Minister Denies RM300,000 Bribe Claim in Whistleblower VideoDatuk Seri Masidi Manjun dismissed allegations of receiving a bribe of RM300,000, stating he was unaware of any such transaction. He welcomed an investigation by the authorities and offered full cooperation.
Source: UMonline - 🏆 27. / 51 Read more »