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Nursery operator loses over RM1m in investment scheme

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The victim made 28 payment transactions in stages into six different accounts totaling RM1.06 million between May 7 and 30. theSun theSundaily crime fraud scam Malaysia

: A childcare centre operator in Bukit Piatu here suffered losses of RM1.06 million in less than two weeks after she was cheated by an acquaintance into investing in a non-existent scheme.

“Since then they kept in touch with each other through Lime online and SMS and soon developed a close relationship. He said the victim was required to purchase the items in bulk before reselling them to earn a 10 per cent profit for every item.

 

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

Melaka kindergarten owner loses RM1.6mil to investment scamMELAKA: A female owner of a kindergarten from Bukit Piatu here lost RM1.6mil after falling victim to an investment scam. To make matters worse, the 53-year-old victim from Ayer Keroh here also borrowed from her family members to pay the fraudster.
Source: staronline - 🏆 4. / 75 Read more »