In Johor, factory worker loses more than RM87,000 to investment scam

ISKANDAR PUTERI, July 5 — A 41-year-old factory worker here suffered losses amounting to RM87,400 after he was allegedly scammed in a non-existent investment scheme that promised profitable returns last month.

He said initial investigations revealed that the victim, who is in his 40s, was introduced to a stock market investment scheme through a WhatsApp group called “Stock Market Stable Profit Practical Training Camp” on May 4. “Following that, the victim wanted to withdraw all of his investment profits but was instructed to first make a tax payment totalling RM24,000.90.

Rahmat said checks showed that the victim had never personally met the administrator and all communication was done via WhatsApp.“Realising he had been cheated, the victim lodged a police report yesterday,” he added.

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Factory worker duped of RM87,000 in investment scamISKANDAR PUTERI: A factory worker here has lost RM87,400.90 in an investment scam after joining a WhatsApp group in June last year.
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