Nursery operator loses over RM1m in investment scheme

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The victim made 28 payment transactions in stages into six different accounts totaling RM1.06 million between May 7 and 30. theSun theSundaily crime fraud scam Malaysia

: A childcare centre operator in Bukit Piatu here suffered losses of RM1.06 million in less than two weeks after she was cheated by an acquaintance into investing in a non-existent scheme.

“Since then they kept in touch with each other through Lime online and SMS and soon developed a close relationship. He said the victim was required to purchase the items in bulk before reselling them to earn a 10 per cent profit for every item.

Source: News Formal (newsformal.com)

 

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