News Formal

Cops investigating SenCapital investment scheme over RM6mil losses

  • 📰 staronline
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 75%

United States News News

United States United States Latest News,United States United States Headlines

KUALA LUMPUR: At least RM6.71mil has been lost due to a bogus Sencapital investment scheme, says Police Force secretary Deputy Comm Datuk Noorsiah Mohd Saaduddin.

She said the Commercial Crime Investigation Department detected the fraudulent scheme recently, adding that a total of 42 police reports have been received about it.

"It was offering share purchases as a means to invest in the scheme," she said in a statement on Thursday . She said once the website became inactive investors could no longer withdraw the money they invested.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines

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

Federal police probing ‘Sencapital’ investment scheme after RM6.7m in losses reportedKUALA LUMPUR, March 2 — Federal police have initiated an investigation into a fraudulent investment scheme after receiving reports of more than RM6.7 million in losses from...
Source: malaymail - 🏆 1. / 86 Read more »