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Middle-aged Sibu man fleeced of RM88,233 by bogus online investment
Middle-aged Sibu man fleeced of RM88,233 by bogus online investment

Borneo Post

time17-07-2025

  • Business
  • Borneo Post

Middle-aged Sibu man fleeced of RM88,233 by bogus online investment

Photo for illustration purposes only. — Photo from Max Pixel SIBU (July 17): A man in his 50s here lost RM88,233 of his hard-earned savings after falling victim to a bogus online investment scheme. Sibu police chief ACP Zulkipli Suhaili said the victim lodged a report yesterday after realising he had been duped. 'The victim was added to a WhatsApp group named 'Group VIP' on April 11. 'In the group, a woman identified as 'Ruth Khoo' invited him to join a so-called lucrative stock investment opportunity,' he said in a statement today. Lured by the convincing discussions within the group, the man proceeded to make six deposits amounting to RM88,233 into three different local bank accounts. 'After his first transfer, he was told he had already made a profit. 'However, he was then asked to make additional payment, supposedly for taxes to Bank Negara Malaysia and the government in order to withdraw his returns,' said Zulkipli. The man never received any profit from the scheme. The case is being investigated under Section 420 of the Penal Code for cheating. Zulkipli reminded members of the public to be vigilant and verify the legitimacy of any investment offer before parting with their money. 'We urge the public to check with official platforms such as the Bank Negara Malaysia website, the Securities Commission, or use the Investment Checker app,' he said. For further assistance or advice, contact the National Scam Response Centre on 997 or visit Semak Mule at lead online investment scam Zulkipli Suhaili

Sibu man duped out of RM88,000 in fake investment scheme
Sibu man duped out of RM88,000 in fake investment scheme

The Star

time17-07-2025

  • The Star

Sibu man duped out of RM88,000 in fake investment scheme

SIBU: A man in his 50s lost RM88,233 after being lured by promises of high returns in a bogus share investment scheme. Sibu OCPD Asst Comm Zulkipli Suhaili said the district's Commercial Crime Investigation Division received a report on Wednesday (July 16). The victim claimed he was deceived into transferring funds to several bank accounts. 'Initial investigations found that the victim joined a WhatsApp group called 'VIP Group' on April 11, and was later contacted by a woman who identified herself as Ruth Khoo,' he said in a statement on Thursday (July 17). The suspect then introduced the victim to a share investment opportunity offering high returns. The victim saw other participants in the group chat talking about "profits" that they had received and was convinced to invest, ACP Zulkipli said. The victim was then told to contact the scheme's "customer service department" for further information and subsequently made six transfers totalling RM88,233 into three different local bank accounts, he added. After the first transfer of RM1,000, he was told that he had earned a profit. However, he was told to make additional payments for "tax purposes" before he could retrieve his gains. 'To date, the victim has not received any returns from the so-called investment and believes he has been defrauded,' ACP Zulkipli added. Police have opened an investigation under Section 420 of the Penal Code for cheating, he said.

Medical Professionals are Australia's highest paid, ATO data reveals; check top-paying jobs in the country
Medical Professionals are Australia's highest paid, ATO data reveals; check top-paying jobs in the country

Time of India

time28-06-2025

  • Business
  • Time of India

Medical Professionals are Australia's highest paid, ATO data reveals; check top-paying jobs in the country

Live Events What are the highest-paid jobs in Australia? Surgeon: $472,475 (up $12,119) Anaesthetists: $447,193 (up $16,000) Financial dealer: $355,233 (down $18,500) Internal medicine specialist: $342,457 (up $1,728) Psychiatrist: $286,146 (up $9,601) Other medical practitioners: $259,802 (up $4,048) Mining engineer: $206,423 (down $7,942) Judicial or other legal professional: $206,408 (up $1,474) Chief executive officer or managing director: $194,987 (down $2,733) Financial investment advisor or manager: $191,986 (up $6,152) (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The Australian Taxation Office (ATO) has released the data on the tax return data of millions of Aussies during financial year 2022-23, giving a glimpse of the massive incomes garnered by some professions. The data has also thrown light upon the highest-paying jobs in the list is led by surgeons who have managed to retain the top spot, earning more than $470,000 per year on average. There are reportedly only 4,247 surgeons in the country, which signifies that they are minting more than six times the average taxable income of $74,240 over the same second position in the ATO list was also bagged by medical professionals, with anesthesiologists who took home $447,193 on average annually. Notably, there are a mere 3,658 workers across the the third spot, following two taken by healthcare professionals, come financial dealers, who were the highest-paid non-medical role. They earned an average of $355,233 a year with a workforce of 5,147 people across the country. Financial dealers carry out financial market transactions on behalf of clients and include to the 2022-23 ATO data, the top-paying job with the most people was chief executive officers and managing directors. There were a whopping 231,103 people in this job amassing an average of around $194,987 a is pertinent to mention that the list of highest-paying jobs during the financial year 2022-23 remained the same as in previous income years, but notably, incomes have gone up for most of the top 10 highest-paid jobs and how much their incomes have increased since the previous year's statisticsAccording to the latest ATO data, the average Australian income was $74,240 a year. This was up from $72,327 a year. The median income was $55,868 for the 2022-23 income tax. This was up from $53,041 per year from the year prior.

Medical Professionals are Australia's highest paid, ATO data reveals; check top-paying jobs in the country
Medical Professionals are Australia's highest paid, ATO data reveals; check top-paying jobs in the country

Economic Times

time28-06-2025

  • Business
  • Economic Times

Medical Professionals are Australia's highest paid, ATO data reveals; check top-paying jobs in the country

The Australian Taxation Office's 2022-23 data reveals surgeons as the highest-paid professionals, earning over $470,000 annually, significantly exceeding the average taxable income. Anesthetists and financial dealers followed, securing the second and third positions, respectively. While most top professions saw income increases, financial dealers, mining engineers, and CEOs experienced slight decreases compared to the previous year. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads What are the highest-paid jobs in Australia? Surgeon: $472,475 (up $12,119) Anaesthetists: $447,193 (up $16,000) Financial dealer: $355,233 (down $18,500) Internal medicine specialist: $342,457 (up $1,728) Psychiatrist: $286,146 (up $9,601) Other medical practitioners: $259,802 (up $4,048) Mining engineer: $206,423 (down $7,942) Judicial or other legal professional: $206,408 (up $1,474) Chief executive officer or managing director: $194,987 (down $2,733) Financial investment advisor or manager: $191,986 (up $6,152) The Australian Taxation Office (ATO) has released the data on the tax return data of millions of Aussies during financial year 2022-23, giving a glimpse of the massive incomes garnered by some professions. The data has also thrown light upon the highest-paying jobs in the list is led by surgeons who have managed to retain the top spot, earning more than $470,000 per year on average. There are reportedly only 4,247 surgeons in the country, which signifies that they are minting more than six times the average taxable income of $74,240 over the same second position in the ATO list was also bagged by medical professionals, with anesthesiologists who took home $447,193 on average annually. Notably, there are a mere 3,658 workers across the the third spot, following two taken by healthcare professionals, come financial dealers, who were the highest-paid non-medical role. They earned an average of $355,233 a year with a workforce of 5,147 people across the country. Financial dealers carry out financial market transactions on behalf of clients and include to the 2022-23 ATO data, the top-paying job with the most people was chief executive officers and managing directors. There were a whopping 231,103 people in this job amassing an average of around $194,987 a is pertinent to mention that the list of highest-paying jobs during the financial year 2022-23 remained the same as in previous income years, but notably, incomes have gone up for most of the top 10 highest-paid jobs and how much their incomes have increased since the previous year's statisticsAccording to the latest ATO data, the average Australian income was $74,240 a year. This was up from $72,327 a year. The median income was $55,868 for the 2022-23 income tax. This was up from $53,041 per year from the year prior.

SA's new domestic flight developments signal good news for travellers?
SA's new domestic flight developments signal good news for travellers?

Time Out

time12-06-2025

  • Business
  • Time Out

SA's new domestic flight developments signal good news for travellers?

South Africans have long struggled with sky-high airfares when travelling between major cities. The situation worsened with the collapse of several airlines during the COVID-19 pandemic, including Comair, which had long been one of the country's most successful and reliable carriers. Over the years, domestic prices have remained steep, and flight options have been scarce. However, change appears to be looming as Mango signals its potential return. A quick fare check for return flights between Cape Town and Johannesburg, for example highlights the current cost landscape. FlySafair comes in cheapest at about R2,824, while SAA averages R3,233. Lift is priced at approximately R3,665. Airlink and CemAir are the most expensive, with both pricing return tickets at over R4,000. (The flight searches were conducted for travel between 9–16 July, with similar departure and arrival times and with none to limited luggage ancillary options chosen.) This makes the ongoing battle in South Africa's domestic skies promising as it would bring more choice and potentially lower prices for travellers. South African Airways (SAA), the national carrier, is expanding its fleet and route network. The news follows the national carrier distancing itself from its former low-cost subsidiary, Mango Airlines, which is in the final stages of business rescue. Mango was grounded in July 2021 and subsequently placed under business rescue. Though still technically a subsidiary of SAA, the two entities have operated independently since then. SAA has since released a statement clarifying that it has no control or involvement in Mango's operations, financial obligations, or the ticket refund process, which is still underway for unflown flights booked before the airline suspended services. The revival of Mango, which once targeted the frequent domestic business traveller, has been slow and mired in disputes. Still, a new investor is reportedly close to acquiring the airline with plans to relaunch it. Whether Mango re-emerges as a strong competitor remains to be seen. What's clear, however, is that SAA is charting its own course. The state-owned airline, which exited its business rescue process in 2021, is actively rebuilding its operations, with a new aircraft added to its fleet announced this week. SAA hopes to add five more aircraft to its fleet during 2025, a move intended to increase seat availability and reduce pressure on prices for both domestic and regional travel. 'This is a remarkable achievement considering that just over three years ago, the airline emerged from business rescue with just six aircraft. Since 2021, the team at SAA has worked strategically and consistently to grow the fleet and route network sustainably. These additional aircraft will enable SAA to continue fulfilling our promise to add seat capacity in both the domestic and regional markets and thereby contributing to the affordability of passenger air travel, ' says Professor John Lamola, interim CEO at SAA. SAA is also set to reintroduce and expand several key domestic and regional routes, including: Johannesburg–George (launching April 2026) Johannesburg–East London (date to be confirmed) Cape Town–Durban (date to be confirmed) Johannesburg–Gaborone (launching October 2025) Cape Town–Mauritius (seasonal flights launching November 2025) For South African travellers, particularly frequent flyers and holidaymakers, the increased competition and route expansion couldn't come at a better time. As the airline industry regains momentum, more flights and better fares may finally be within reach. FlySafair's CMO, Kirby Gordon notes that while increased competition can bring prices down, it's not a one-size-fits-all solution. 'Competitive pricing is huge,' he explains, 'but some routes simply can't support more than one player. On others, adding flights or larger aircraft and dropping fares can boost demand — but not always. Undoubtedly, this is where the opportunities and risks exist. Gordon adds that the introduction of new airlines or additional capacity, even from existing players, inevitably puts downward pressure on prices. 'Airlines are price-takers, not price-setters,' he says. 'If there's too much supply and yields drop below sustainable levels, someone will eventually shrink or exit the market as it corrects itself.'

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