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Monday, July 17, 2023

Johor woman cheated of RM670,000 in share investment scam

 

A 42-year-old Johor woman was cheated of her savings in a bogus share investment scheme. (Bernama pic)

PETALING JAYA: A 42-year-old woman in Johor has lost RM672,491 of her savings after falling for a share investment scam that was advertised on Facebook.

Johor police chief Kamarul Zaman Mamat said a report on the scam was received yesterday.

The woman was told by a scammer to invest in the share market, and was promised returns of RM28,000 a month.

She made 14 cash transactions amounting to RM672,491 to four different bank accounts between May 30 and July 11.

Kamarul urged the public to be more careful with their online transactions to avoid being scammed. They should check the phone number and bank accounts used by the suspects through the “Semak Mule” phone app. - FMT

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