Only RM1,000 returned after Kuching retiree ‘invests’ RM9m in alleged online IPO scam

🌐 Malay Mail (MY) —
Only RM1,000 returned after Kuching retiree ‘invests’ RM9m in alleged online IPO scam

AI Summary

A 79-year-old retiree in Kuching, Malaysia reportedly lost over RM9 million after becoming a victim of an alleged online IPO scam, receiving only RM1,000 in return. The incident highlights ongoing risks in online investment scams within the region.

KUALA LUMPUR, June 14 — A 79-year-old man in Kuching has lost more than RM9 million after allegedly falling victim...

World Markets investment scam online fraud retiree loss Kuching Malaysia IPO scam

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