A 58-year-old private contractor from Selangor, Malaysia, lost over RM5.9 million to a non-existent investment scheme advertised on Facebook. He was lured by promises of high returns and instructed to transfer money through the A-Trade application. After realizing he was scammed, he filed a police report.
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As tenure ends in July, Chief Justice hopeful those responsible for judges’ appointments hold true to their oaths and duties under the Constitution Selangor police chief Datuk Hussein Omar Khan said the 58-year-old victim began participating in the investment in September after he was attracted to the impressive-sounding credentials of an investment advertisement by a ‘Davidson Kempner Capital Management ’ advertised on the social media site.
“The victim needed to ensure that the amount in his account was sufficient to purchase the desired share units and also to make transactions according to instructions given.
Investment Scam Facebook Malaysia Cybercrime Selangor
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