Tag: Investment Fraud
-
Accountant Loses RM138,000 to Fake Investment Scheme in Johor Baru
Overview of the Incident A 60-year-old accountant in Johor Baru became the latest victim of a convincing fake investment scheme that promised unusually high profits. The incident underscores how sophisticated scammers can manipulate trusted professionals and exploit the lure of quick financial gains. Local police are advising residents to stay vigilant and verify investment opportunities…
-
Arrest of PAMAK Administrator for ₹6 Crore Fraud in Viruthachalam
Overview of the Fraud Case In a shocking turn of events, a PAMAK (Pazhankudi Makkal Katchi) administrator has been arrested for allegedly orchestrating a fraud scheme amounting to ₹6 crore in the Viruthachalam regions. This incident has sent ripples through the local community as details of the fraudulent activities emerge. Details of the Allegations Authorities…