Breaking News
Witness recounts deadly Ulu Tiram police station attack
KUALA LUMPUR, April 9 — A police corporal in the Ulu Tiram police station attack case
...KL High Court told Fahmi made no political speech at Rawang mosque
KUALA LUMPUR, April 9 — An investigating officer told the High Court yesterday that Communications Minister
...Madani Mart uses licensing model, not govt-funded, says deputy minister amid KR1M comparisons
JOHOR BAHRU, April 5 — Madani Mart operates on a licensing model in collaboration with entrepreneurs
...Anwar pays tribute to Ling Liong Sik, says nation loses a ‘dedicated leader’
KUALA LUMPUR, April 5 — Prime Minister Datuk Seri Anwar Ibrahim has expressed condolences over the
...Genting Highlands restaurant charges RM902 for fish dish, draws KPDN scrutiny
KUALA LUMPUR, March 29 — A Genting Highlands restaurant has reportedly come under scrutiny after a group
...No tsunami risk to Malaysia after strong quake in Indonesia’s Banda Sea, says MetMalaysia
KUALA LUMPUR, March 29 — There is no tsunami threat to Malaysia following a strong earthquake
...
Lured by 200pc returns, Johor man loses RM1.8m in social media investment trap
JOHOR BARU, May 4 — A company owner suffered losses amounting to RM1.8 million after allegedly being duped by an online investment scam in October last year.
Johor police chief Datuk M Kumar said the 66-year-old man had come across an advertisement on social media that promised high returns in a short time frame.
Enticed by the offer, the victim clicked on the link provided to learn more and was offered a 200 per cent return on his investment within three months.
“The victim subsequently made payments totalling RM1.8 million to several bank accounts between November 2024 and January this year. He also downloaded an application and created an account, as instructed by the suspect, to monitor his investments.
“However, no returns were received, and the suspect allegedly provided various excuses. The victim believes he had been scammed when he could no longer contact the suspect and found himself blocked from accessing the application,” he said in a statement.
Kumar said the victim lodged a police report yesterday, and the case is being investigated under Section 420 of the Penal Code.
“Johor police advise the public to remain vigilant and not be easily deceived by online investment schemes that promise quick and attractive returns,” he added.
