NGOs help victims lodge reports over investment scams believed to have raked in up to RM830mil


KUALA LUMPUR: By offering high dividends of up to 15% a month and yearly profits of up to 24%, a marketing management company with five different types of investments purportedly caused investors to suffer huge losses, mostly out of their retirement funds.

Malaysia International Humanitarian Organisation (MHO) secretary-general Datuk Hishamuddin Hashim said the syndicate used five different companies but the people behind it were from the same group.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Scam , Investment , Police , Report , NGO , Victims

Next In Nation

Nominations open for Kinabatangan, Lamag by-elections
Several Perak Bersatu division chiefs called up by party's disciplinary board
Live Updates: Lamag, Kinabatangan nominations
Perak Ruler Sultan Nazrin graces Lumut Port's 30th anniversary dinner
Three houses damaged in fire near Kuala Terengganu
Kinabatangan, Lamag by-elections: Temporary road closures around nomination centre
Anwar stresses integrity, people-centred economic policies
Sabah’s Pan Borneo Highway faces major delays
‘Simultaneous elections ideal’
Monthly Sara assistance provides relief nationwide

Others Also Read