Indonesian woman claims to have lost RM4mil to M'sia-based forex syndicate

Courts Crime News

Indonesian woman claims to have lost RM4mil to M'sia-based forex syndicate
Forex ScamInvestment FraudCross-Border Crime
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KUALA LUMPUR: The ringgit eased against the US dollar at the close today amid cautious sentiment ahead of the United States (US) presidential election next week, said an analyst.

KUALA LUMPUR: An Indonesian woman claims to have lost more than RM4mil after being deceived by a Labuan -based foreign currency investment syndicate.

"When I inquired about this year's dividend, the company claimed, among other things, that its licence had been suspended by the government. Hishamuddin reported that the NGO had received 69 complaints from victims in Singapore, Indonesia, and Brunei, who were deceived by the investment syndicate, amounting to losses of RM40mil.

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Forex Scam Investment Fraud Cross-Border Crime Labuan Syndicate Financial Deception

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