He joined an online information session organised by the company’s sales agent to learn more about the investment offer.
“According to the victim, the company offered different investment packages with profit returns based on the amount of capital invested.
“The victim chose the package involving a capital of RM150,000 and was promised a profit of 18% per annum for three years.
“According to the agreement, the profit would be paid every three months, which is about RM6,700, for three years,” he said in a statement, Bernama reported.
ACP Azli said the victim had received payments of RM40,500 in profit, which was made in stages as per the agreement.
However, he said, the victim claimed that starting Oct 29, 2024, he no longer received payments and the company gave various excuses upon being contacted for an explanation.
Source: The Star
https://www.thestar.com.my/news/nation/ ... tment-scam
