Two duped into investing RM130,000 in illegal forex firm


  • Nation
  • Thursday, 25 Nov 2004

PENANG: Two people were duped into investing more than RM130,000 in a foreign exchange trading company which “folded” upon being informed by Bank Negara that its activities were illegal. 

The two, a woman, 21, and a man, 28, had each invested RM80,000 and RM53,000 with the company in Sungai Nibong about a year ago.  

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Kinabalu Press Awards returns: Submission deadline on May 10
Copter tragedy: 1,000 congregants at KK naval base attend Yasin recitation, tahlil ceremony
Stop whining, engage and help the people instead, says PM
U Mobile launches store in KK shopping mall, first in East Malaysia
Anwar returns Khazanah allowance, reiterates decision to forgo PM salary
Fahmi visits ex-media practitioners, presents Kasih@Hawana aid
Perlis MB's son, four others released on MACC bail
Zahid, Muhyiddin settle defamation suit
Elderly man drowns while fishing in Putatan
Teen with bone cancer gets wish of visiting KLCC granted by PETRONAS

Others Also Read