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Trader loses RM500,000 in non-existent investment scheme

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The victim was promised an annual return of RM394,020, provided he joined the investment with a capital of RM500,000.

: A trader lost RM500,000 after falling victim to a non-existent resort development project investment scheme.

He said the victim, from Marang, was promised an annual return of RM394,020, provided he joined the investment with a capital of RM500,000.

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