Hundreds suspected scammed by forex investment scheme to showing their reports. Losses estimated to be RM100mil press conference by MHO secretary-general Datuk Hishamuddin Hashim, (third left) and MHO public relations head Andrew Foo, (second right) near the bank’s Penang branch in Lebuh Light. ( December 09, 2024 ) — LIM BENG TATT/The Star
GEORGE TOWN: A massive forex investment scam that has allegedly defrauded 388 victims across multiple countries of RM104.75mil since 2016 has prompted calls for swift action.
The scam, allegedly orchestrated by individuals claiming to be Russian financial experts, promised high annual returns of 20-30%.
