investment scam

Police said the victim was promised a profit within a month but until now, had not received any returns as pledged.

According to SC, these scams are usually timed with upcoming IPO listings published on Bursa Malaysia's website.

According to police, the victim joined an investment scheme known as Gold Futures XAUUSD, which was advertised on Facebook.

Police said the online investment scam syndicate targeting Europeans has been active for six months.

Datuk Rohaimi Md Isa said the loss was the single largest case of crypto-investment fraud.

Such scams have drawn extreme scrutiny from global law enforcement the past year, but little is publicly known about the people behind them.

Victims investment scams of several companies have provided additional statements to the PDRM to facilitate investigations.

A pig-butchering scam is a type of investment fraud that lures individuals into investing their money in seemingly legitimate and profitable ventures.

Datuk Hishamuddin Hashim said the victims lost over RM1 million to scammers running bogus investment schemes.

A retiree of a private company lost RM132,407 after being duped into a cryptocurrency investment that promised lucrative returns within six hours of joining the scheme.

A housewife suffered losses amounting to RM71,000 after being duped by a non-existent investment syndicate through a social media platform offering lucrative returns.

The teacher from Jempol was lured by the offer after finding his name in a Telegram group that offered an investment package.

The Securities Commission Malaysia (SC) has continued its efforts to raise awareness among investors, including educating them on scams involving investment schemes.

These fraudulent schemes offer non-existent investment opportunities, promising very attractive and risk-free returns within a short time.

Police arrested nine locals, including a man who used a fake "Datuk Seri" title on suspicion of being involved in a non-existent investment fraud syndicate Planetrade, in separate raids on Monday.

The draft finance deal criticised by both developed and developing nations.

This was following the discovery of a suspected prohibited item in luggage.

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.