![Retired lecturer loses over RM1 mln in online investment scam Retired lecturer loses over RM1 mln in online investment scam](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-04/71712641245_PolisJohor.jpg)
Retired lecturer loses over RM1 mln in online investment scam
According to police, the victim joined an investment scheme known as Gold Futures XAUUSD, which was advertised on Facebook.
Tue Apr 09 2024
![Police investigating e-commerce company linked to airline co-founder Police investigating e-commerce company linked to airline co-founder](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-11/51699011256_TBRamliMohamed.jpg)
Police investigating e-commerce company linked to airline co-founder
Datuk Seri Ramli Mohamed Yoosuf said reports were lodged by individuals who invested in i-Serve, with losses estimated at RM81,609,900.
Fri Nov 03 2023
![Over 100 victims of investment scams provide further statements to SSM Over 100 victims of investment scams provide further statements to SSM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-06/41687347864_TBMusaHassan.jpg)
Over 100 victims of investment scams provide further statements to SSM
Datuk Hishamuddin Hashim said the victims lost over RM1 million to scammers running bogus investment schemes.
Wed Jun 21 2023
![Police deny IGP's involvement in Amundi investment scheme Police deny IGP's involvement in Amundi investment scheme](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-01/81673058896_TBigp.jpg)
Police deny IGP's involvement in Amundi investment scheme
PDRM have today denied claims that Inspector-General of Police (IGP) Tan Sri Acryl Sani Abdullah Sani is linked to an investment scheme known as Amundi.
Sat Jan 07 2023
![Student looses RM22,300 to non-existent investment scheme Student looses RM22,300 to non-existent investment scheme](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-11/71668980938_RamliMohamedYoosuf.jpg)
Student looses RM22,300 to non-existent investment scheme
Police said the victim finally realised that the investment scheme did not exist after she failed to get the promised money.
Mon Jan 02 2023
![SC continues efforts to raise awareness on investment scams SC continues efforts to raise awareness on investment scams](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-10/81633628390_SCM.jpg)
SC continues efforts to raise awareness on investment scams
The Securities Commission Malaysia (SC) has continued its efforts to raise awareness among investors, including educating them on scams involving investment schemes.
Mon Mar 28 2022
![Cops nab 12 over alleged involvement in non-existent online investment scheme Cops nab 12 over alleged involvement in non-existent online investment scheme](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-01/51641824636_FBScam.jpg)
Cops nab 12 over alleged involvement in non-existent online investment scheme
Police arrested 12 individuals, including five women, in two separate raids in Jalan Ampang yesterday on suspicion of being involved in a non-existent online investment syndicate.
Mon Jan 10 2022
!['Datuk' among 10 individuals arrested over bogus forex investment scheme 'Datuk' among 10 individuals arrested over bogus forex investment scheme](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-01/41641391092_TBKAMARUDINjpg.jpg)
'Datuk' among 10 individuals arrested over bogus forex investment scheme
Police arrested 10 individuals, including a man carrying the title 'Datuk', for their suspected involvement in fraudulent forex investment schemes in five states on Saturday.
Wed Jan 05 2022
![Contractor loses over RM300,000 in online investment scam Contractor loses over RM300,000 in online investment scam](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-11/81635941188_FBScam.jpg)
Contractor loses over RM300,000 in online investment scam
A contractor claimed to have lost RM303,084 after being tricked into investing in a non-existent online investment scheme introduced to him by someone on social media he befriended two months ago.
Wed Nov 03 2021
![Beware of online scams, govt retirees told Beware of online scams, govt retirees told](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-10/81634563599_AminuddinHarun.jpg)
Beware of online scams, govt retirees told
Government retirees have been advised to always be careful to avoid falling prey to fraudulent activities such as non-existent investment schemes.
Mon Oct 18 2021
![Young farmer loses RM163,000 in investment offered by Facebook friend Young farmer loses RM163,000 in investment offered by Facebook friend](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-09/51630598210_scamgeneric.jpg)
Young farmer loses RM163,000 in investment offered by Facebook friend
Police said the victim claimed that he was promised the return of the capital and profit within a short time from the investment.
Mon Sep 13 2021
![Eight fined RM3,000 for offering non-existent online investment scheme Eight fined RM3,000 for offering non-existent online investment scheme](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-08/61597151237_courtgavelmahkam.jpg)
Eight fined RM3,000 for offering non-existent online investment scheme
Eight people including a woman were fined RM3,000 each, in default two months jail by the Magistrate's Court here for offering non-existent online investment scheme, last month.
Fri Dec 11 2020
![Investment scam syndicate busted, 12 Chinese nationals detained Investment scam syndicate busted, 12 Chinese nationals detained](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2019-08/71565763135_TBGENERICMACAUSCAM.jpg)
Investment scam syndicate busted, 12 Chinese nationals detained
Twelve Chinese nationals including two women were arrested in a police raid on a hotel, here last Friday.
Mon Oct 26 2020
![Former finance firm consultant claims trial to over RM85m investment fraud Former finance firm consultant claims trial to over RM85m investment fraud](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2020-07/41593678372_JudgeHammer.jpg)
Former finance firm consultant claims trial to over RM85m investment fraud
Datuk Ahmad Azwan Aboo Mansor, 50, made the plea, after the charge was read by an interpreter before Judge Azman Ahmad.
Thu Jul 09 2020
![Man fined RM3,000 for duping another to invest in non-existent gold scheme Man fined RM3,000 for duping another to invest in non-existent gold scheme](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2020-06/41592211324_penukul.jpg)
Man fined RM3,000 for duping another to invest in non-existent gold scheme
An unemployed man was fined RM3,000 in lieu of two months jail for deceiving a man into parting with RM20,000 to invest in a non-existent gold investment scheme.
Mon Jun 29 2020