Indonesian woman claims to have lost RM4mil to M'sia-based forex syndicate

KUALA LUMPUR: An Indonesian woman claims to have lost more than RM4mil after being deceived by a Labuan-based foreign currency (forex) investment syndicate.

The woman, identified only as Suzy, 53, said that she began investing in the company in 2020, depositing a total of S$1.3mil (RM4.3mil) into two local bank accounts associated with the company.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Subscribe 
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Forex Scam , Investment Fraud , Cross-Border Crime , Labuan , Syndicate , Financial Deception

   

Report it to us.

Next In Nation
Perak govt greenlights geosite status for Kampar coral fossil site
Tick-Tock, don't poke the croc: Public warned not to provoke reptile spotted at Teluk Batik
Special permit required for diesel purchases exceeding limit, says govt
Celebrate Christmas in style with Rozel Malaysia
INTERACTIVE: Why fewer Malaysians are saying ‘I do’
PM Anwar urges educational institutions to leverage exhibition on Malay-Islamic history
In his appeal petition, Syed Saddiq says trial judge erred
No matter the year, classic decorations are always a hit
RM312mil to fix roads damaged by first wave of floods
Malbatt will be vigilant in Lebanon

Trending in News

Others Also Read

Load more

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

Best viewed on Chrome browsers.