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Construction supervisor in Terengganu duped into losing over RM100,000 in non-existent investment

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Scams News

Investment Scams,Scammers,Terengganu

KUALA TERENGGANU, Oct 14 — A construction site supervisor has fallen victim to an investment scam, losing RM118,800 after being lured into a non-existent scheme through the ATS...

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Kuala Terengganu district police chief ACP Azli Mohd Noor said that the 39-year-old victim discovered the application when an unknown individual added it to a WhatsApp group on April 21. “The investment agreement was executed online with Dimensional Fund Advisory Investment Company, the sponsor of the application, which ultimately convinced the complainant of the promised returns,” he said in a statement today.

 

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