Director loses RM1.2mil in fixed deposit scam

JOHOR BARU: A director of a private firm has lost RM1.2mil after being lured into joining a fixed deposit scheme by an acquaintance in 2020.

Johor police chief Comm M. Kumar said the 62-year-old local man lodged a police report on Wednesday (June 5) claiming that he was a victim of the scheme.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Cheating , Fixed Deposit Scam , Section 420 Penal Code , Section 409 Penal Code , Johor Police , Investment Scam , Financial Fraud , Sharebooster Scheme

Next In Nation
Seven nabbed during anti-human trafficking raid in Taman Maluri
Ex-army chief charged with money laundering involving RM2.1mil
Defence industry players welcome new national policy for self-reliance
Over 248,000 job offers given to rehabilitated addicts since 2020
Cops recorded 179 cases of drugs sold on digital platforms since 2023
Over 1,200 murder cases recorded from 2021 to 2025
Average of 3,169 new HIV cases recorded annually since 2018
Total of 478 foreign vessels detained between 2020 and 2025
Over 70% of foreign investments worth RM282.2bil realised, Parliament told
Malaysia’s trade with Asean surpassed RM765bil in 2024

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.