Company manager loses over RM200,000 to fish-breeding scam

JOHOR BARU: A company manager in his late 50s lost more than RM200,000 when he was duped by a fake investment scam involving a fish-breeding company purportedly operating in Hong Kong.

Johor police chief Comm M. Kumar said a report was lodged by the victim on Sunday (April 28), adding that a suspect had offered the victim an investment opportunity to buy shares in the company at a rate of US$0.60 (RM2.86) per unit.