JOHOR BARU: A 57-year-old man here has lost more than RM267,000 to a bogus investment scheme that promised 80% returns within a short period.
Johor Baru South OCPD Asst Comm Raub Selamat said the unemployed victim lodged a police report on Monday (July 21), after realising he had been scammed by a syndicate posing as investment agents.
