RM65mil cyber fund case the first in Malaysia

  • Nation Premium
  • Saturday, 01 Mar 2008

KUALA LUMPUR: A 47-year-old “cyber fund manager” who has been operating without a licence became the country’s first man to be charged in a court for an Internet investment scam involving RM65mil.  

Phazaluddin Abu, who is also a general manager of a computer company, claimed trial to the charge. 

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