Tag - Investment Scam

Company manager loses over RM200,000 to fish-breeding scam

JOHOR BARU: A company manager in his late 50s lost more than RM200,000 when he was duped by a fake investment scam involving a fish-breeding company purportedly operating in Hong Kong. Johor police chief Comm M. Kumar said a report was lodged by the victim on Sunday (April 28), adding that a suspect had offered the...

Man loses RM230,000 to online investment scam

SEREMBAN: A man has been duped out of almost RM230,000 after investing his savings in an online investment scam. Nilai OCPD Supt Abdul Malik Hasim said the victim, who is in his 30s, lodged a report on Wednesday (April 3) upon realising that he had been scammed. "The victim claimed he had received a call from a...

Retired teacher loses RM1.2mil EPF savings to crypto scam

ALOR GAJAH: A 70-year-old retired teacher has lost RM1.2mil of her Employees' Provident Fund (EPF) savings in a cryptocurrency investment scam. Alor Gajah OCPD Supt Arshad Abu said the victim's misery began on Oct 30 when she joined a social media group promising lucrative returns. "The victim was attracted to the rosy offer of multiplying her money...

Insurance agent and friends lose over RM500,000 to investment scam

KUALA LUMPUR: An insurance agent has lodged a police report claiming that he and some friends lost RM550,000 to an investment scam after investing in a recycling company in Selangor. Bukit Aman Commercial Crime Investigation Department director Comm Datuk Seri Ramli Mohamed Yoosuf (pic) said the complainant, aged 49, claimed that he and his friends invested because of...

Bukit Aman flags investment scam, urges victims to come forward

PETALING JAYA: Bukit Aman has flagged the "Xfox Mix Biz" as a scam after a company claimed that its logo and name had been used for promotion purposes without its knowledge. Bukit Aman Commercial Crime Investigation Department (CCID) director Comm Datuk Seri Ramli Mohamed Yoosuf said in a statement Monday (Oct 9) that a representative of...