Businessman, retired banker lose nearly RM460,000 to non-existent investment scheme

KUANTAN: A businessman and a retired banker lost their savings amounting to more than RM458,985 after being tricked into participating in a non-existent investment last year.

Pahang police chief Datuk Seri Yahaya Othman said the 47-year-old businessman was lured into participating in the stock investment scheme which he found on Facebook in September last year because of the lucrative profits it promised.