651 Malaysians duped of millions


PETALING JAYA: Singaporean police are investigating a property company believed to be involved in a ponzi scheme that conned hundreds of Malaysians investors out of millions.

According to an ABC report, the company is controlled by Australian Veronica Macpherson and received over A$110mil (RM373.2mil), mostly from Singaporean and Malaysian investors.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

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!

Travel , ponzi

   

Next In Nation

Serdang Heart Centre’s operating theatres back in full operation, Parliament told
Ban on NGV set for July 2025, says Loke
Defence applies for transfer of Muhyiddin's case to Kota Bharu High Court
Infrastructure projects in Ranau not influenced by political ties, says state minister
Bodyguard fined for assaulting disabled e-hailing driver
Malaysia part of group working on UN draft resolution mulling removal of Israel’s UN membership, says Anwar
Trial of senior cop charged with student’s murder postponed to Nov 5
Johor Amanah prepared to contest in state assembly seats
Complaints bureau to address 80% of public complaints annually, says Zaliha
Anti-dumping actions focus on protecting local industries, says Zafrul

Others Also Read