Johor trader loses RM2.1mil in forex investment scam

Police News

Johor trader loses RM2.1mil in forex investment scam
Crime,Scam,Fake Investment

(Reuters) - Databricks said on Tuesday it had secured a valuation of $62 billion after a $10 billion funding round led by Thrive Capital, highlighting the robust demand for artificial intelligence-focused startups.

JOHOR BARU: A 70-year-old clothing seller suffered has been cheated of about RM2.1mil after falling victim to an online investment scam.

"Believing the promise of quick profits, the victim transferred RM2,118,000 into several bank accounts as told between November and early December," he said in a statement on Tuesday ."Upon checking, the app indicated that his investments had generated a profit of RM6,216,000. "Realising he had been deceived, the victim reported the incident to the police," he said, adding that the victim lodged the report on Tuesday.

 

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