Negri women lose RM1.1mil in investment scams

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Negri women lose RM1.1mil in investment scams
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In the first case, a 44-year-old woman in Bahau lost RM621,800 after putting her money into a gold investment scheme which promised high returns in US dollars.

He said in one case, a 44-year-old woman in Bahau near here lost RM621,800 after putting her money into a gold investment scheme which promised high returns in US dollars.

"The victim was asked to go to a website for more details and then told to bank in the amount she wished to invest into different accounts. DCP Ahmad Dzaffir said the second victim, a 63-year-old woman, lost RM500,000 after investing her money with a company in Kuala Lumpur in June 2020. "For the following six months, she received RM6,250 a month but the payment stopped after that," he said, adding that the victim's relative had told her about the investment scheme.

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