A private doctor here was conned out of RM3.8mil after allegedly falling victim to a non-existent Initial Public Offering (IPO) investment scheme involving currency shares from China and Hong Kong.
A private doctor was conned out of RM3.8 million after allegedly falling victim to a non-existent Initial Public Offering (IPO) investment scheme ...
The 60-year-old victim was drawn to the investment after seeing an advertisement by a company called JMC Capital on Facebook.
Police say the 60-year-old victim made 49 fund transfers totalling RM3,805,010 into nine bank accounts from Nov 4 last year to Feb 4.