BNM does not endorse any investment scheme
KUALA LUMPUR: Bank Negara Malaysia (BNM) has advised the public not to be deceived by videos, postings or messages that misuse its name, logo or senior officer’s name. In a statement yesterday, the central bank said action will be taken against the perpetrators. “It is important to remember that BNM does not endorse any investment […]
HR supervisor loses RM980,000 to investment scam
KUCHING: A human resources supervisor found himself ensnared in a financial nightmare that left him RM980,000 poorer. The unfortunate ordeal happened on July 18 when the victim in his late 40s, received a WhatsApp message from an unfamiliar number, with the sender posing as a Bitcoin investment agent. Sarawak Police Commissioner Datuk Mohd Azman Ahmad […]
Women loses RM350,000 to ‘investment scheme’
JOHOR BAHRU: A 47-year-old local woman lost RM350,793.71 after investing in a scheme known as ‘C CHARGE’ this year. North Johor Bahru district police chief ACP M S Balveer Singh said police received a report on the matter at 12.49 pm on June 15. “The investment scheme started operating in March 2023 and promised 100 […]
Ex-bank officer charged with two counts of cheating
KAMPAR: A former bank officer was charged at the Magistrate’s Court here today with two counts of cheating in connection with non-existent investment schemes involving losses of more than RM110,000, two years ago. M. Patmanathan, 43, however, pleaded not guilty to all the charges which were read out by an interpreter before Magistrate A. Hafiizh […]
Real estate director loses RM1.5 mln in fake investment scheme
KUCHING: A 66-year-old woman has fallen victim to a non-existent investment scam, resulting in a staggering loss of RM1.5 million. The incident came to light after the victim, who is a director of a real estate company, lodged a police report yesterday (May 30), where she detailed the fraudulent scheme which promised high returns on […]
Police probe Sencapital investment scheme involving RM6 mln losses
KUALA LUMPUR: The Royal Malaysia Police (RMN) is investigating Sencapital investment scheme which was allegedly found to be duping investors throughout the country involving losses of more than RM6.7 million suffered by victims. RMN Secretary Datuk Noorsiah Mohd Saaduddin said the scheme which was active at the end of last year offered investments based on […]
Student transfers RM86,270 from mother’s account into bogus scheme
KUANTAN: Excited about joining a gold investment scheme, a student transferred RM86,270 from her mother’s bank account, not realising that she had been scammed by someone she only met on the social media. Pahang Commercial Crime Investigation Department head Supt Mohd Wazir Mohd Yusof said the 23-year-old victim claimed she met the male suspect on the […]
