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Victims cry fowl over RM3.2mil ‘ayam kampung’ investment scam

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Ayam Kampung,Duped,Scams

BENGALURU (Reuters) - Tata Consultancy Services' shares gained nearly 3% on Friday, a day after India's top IT services firm reported first-quarter results that signalled early signs of revival for a sector that has been grappling with sluggish demand.

KUALA LUMPUR: An"ayam kampung" investment scam, which duped victims of more than RM3.2mil, has been busted with the arrests of 11 individuals.

Comm Ramli said the syndicate, which has been operating since early last year, would offer schemes to invest in the poultry business.

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