Company manager loses over RM200,000 to fish-breeding scam

  • 📰 staronline
  • ⏱ Reading Time:
  • 8 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 75%

Courts Crime News

Johor,Police,Investment Scam

Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulations, the bloc said on April 26 as it added the company to its list of big platforms that need extra scrutiny.

JOHOR BARU: A company manager in his late 50s lost more than RM200,000 when he was duped by a fake investment scam involving a fish-breeding company purportedly operating in Hong Kong.

“This is an increase of 70 cases, or 47%, if compared to last year’s 148 reports with RM10.9mil losses in the same period," he said.

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
 

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

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.

Company director, COO charged with abetting to bring down advertisement board of another companyKUALA LUMPUR: A company director and chief operating officer of an advertising company pleaded not guilty in the Magistrate’s Court here today to a ch...
Source: theSundaily - 🏆 25. / 51 Read more »

Man loses RM230,000 to online investment scamLONDON (Reuters) -Arsenal returned to the top of the Premier League with a comfortable 2-0 victory over relegation-threatened Luton Town on Wednesday despite fielding a much-changed side.
Source: staronline - 🏆 4. / 75 Read more »

Malaysia to discuss online safety with Facebook's parent companyThe Communications Ministry and the Malaysian Communications and Multimedia Commission (MCMC), along with several other agencies, will hold a meeting with Meta Platforms (Facebook's parent company) on Monday (April 8) to discuss online safety aspects. Communications Minister Fahmi Fadzil said among the issues to be raised in the meeting are actions by certain parties abusing Meta platforms such as Facebook to distort facts and spread fake news.
Source: staronline - 🏆 4. / 75 Read more »