Tag - Financial Deception

Indonesian woman claims to have lost RM4mil to M’sia-based forex syndicate

KUALA LUMPUR: An Indonesian woman claims to have lost more than RM4mil after being deceived by a Labuan-based foreign currency (forex) investment syndicate. The woman, identified only as Suzy, 53, said that she began investing in the company in 2020, depositing a total of S$1.3mil (RM4.3mil) into two local bank accounts associated with the company. Based in...