Investors lose RM2.4mil to dental biz scammers

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(Reuters) - Former Apple executive Pete Distad will be the CEO of the sports streaming joint venture formed by Walt Disney, Warner Bros Discovery and Fox Corp, the media companies said on Friday.

KUALA LUMPUR: A group of 107 individuals has lost RM2.4mil to an investment scam. Each of them lost RM10,000 to RM250,000.

“Impressed by their pitch and trusting my old college friend, I decided to invest in the company, hoping for decent returns,” he told a press conference. A victim, who only wished to be known as Kho, said she wished to have the press conference to remind others not to fall for the same trick.

Source: News Formal (newsformal.com)

 

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