Online Investment Scam Leaves Store Supervisor RM624,000 Poorer

Online investment scam leaves store supervisor RM624,000 poorer

GEORGE TOWN: A 56-year-old store supervisor in Batu Kawan has fallen victim to an online investment scam involving a mobile application known as XGI Horizon, resulting in losses amounting to RM624,617. © New Straits Times Press (M) Bhd

Businessman loses over RM1mil to online investment scam

SEREMBAN: A businessman suffered losses of over RM1mil after falling victim to a non-existent online investment scheme in April. Read full story

Nilai police probe RM1.4m scam after businessman falls for fake app investment

SEREMBAN, July 22 — A businessman suffered losses of over RM1 million after falling victim to a non-existent online investment scheme in April. Nilai police chief Supt Abdul Malik Hasim said the police received a report from the man, in his 50s, at 4.22 pm yesterday at the Pantai police station. “The victim claimed he had dealings with an individual who offered the scheme on April 29 and was attracted to invest after being promised high returns.…

Businessman loses over RM1 million to fake online investment scheme

He was attracted to invest after being promised high returns.