More than 100 victims scammed over fake 'Musang King' investment plan


KOTA KINABALU: A "Musang King" investment plan that promises attractive returns with low deposits has resulted in over 155 people being cheated and more than RM3.1mil of losses incurred over the past four months.

Sabah police commissioner Datuk Omar Mammah said in the purported investment, a person can choose to invest between RM350 and RM6,000, and get more than double the amount in returns over 66 days.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Nation

240 bribe givers charged in court since 2019, says Ramkarpal
Govt still bears RM10.8bil in electricity subsidies, says Deputy Finance Minister II
Many employers still not providing proper accommodation for workers, says Labour Dept
Stop idle talk that triggers panic buying of rice, says Sabah consumer group
Desaru brawl: Cops arrest four more local men to help in probe
Madani Medical Scheme needs more work, says MMA
Odd-job worker vows to steer clear of trouble after drug trafficking acquittal
Replace run-down wooden schools with concrete buildings, Shafie urges govt
Wan Ji to begin 9-month jail term for insulting Selangor Sultan from Sept 25
MetMalaysia: Prolonged thunderstorms, strong winds forecast in northern states

Others Also Read