KUALA LUMPUR: An insurance agent has lodged a police report claiming that he and some friends lost RM550,000 to an investment scam after investing in a recycling company in Selangor.
Bukit Aman Commercial Crime Investigation Department director Comm Datuk Seri Ramli Mohamed Yoosuf (pic) said the complainant, aged 49, claimed that he and his friends invested because of the lucrative dividends promised.
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