PETALING JAYA - For 62-year-old visually impaired retiree Loh Kong Ken, all he longed for was to have enough savings to put food on the table and ensure he is financially independent in his golden years.
“A few of them invested in this fund known as Cooper Markets, purportedly a forex trading company that had been operating since 2018, and they bragged about the high returns it paid out,” he told The Star.Mr Loh then encouraged his 58-year-old wife to follow suit after seeing lucrative returns, and she matched her husband’s sum using her EPF savings.However, on a fateful day in June 2021, just about six months after they had invested, the balance of their funds was suddenly in the negative.
Mr Mohd Moktar Soon, 68, a retired telephonist, said he was initially sceptical of the scheme but ended up parting with RM85,000.
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