Police Dismantle Perfume Investment Scam Ring, Six Arrests in KL Eco City Raid
Police have dismantled a fraudulent investment scheme centred on perfume trading, with six suspects arrested following a raid at an office in KL Eco City on Wednesday.
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Victims' group demands swift police action on 18 suspected investment fraud operations
Over 100 investment scam victims gathered in Kuala Lumpur, pressing authorities to accelerate investigations into 18 companies allegedly operating coordinated fraud schemes. The Malaysia International Humanitarian Organisation led the push for urgent police action.
111 investors sue QEW Group and directors over RM20.5 million losses
A group of 111 investors has launched a High Court lawsuit against QEW Group and its two directors, seeking recovery of RM20.5 million in failed investment capital, raising fresh concerns about due diligence in Malaysia's investment sector.
21 foreigners charged over bogus investment scam in Sabah
Twenty Chinese men and a Taiwanese woman have been charged in court in Kota Kinabalu for their alleged roles in orchestrating a fake investment scheme.
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Retired civil servant loses nearly RM98,000 in TikTok investment scam
A retired civil servant in Kuala Terengganu lost RM97,933 to scammers posing as investment advisors on TikTok. The victim transferred money after being lured by promises of high returns on social media.