Latest news with #Azli
The Star
02-06-2025
- The Star
T'ganu cops open 12 probe papers over 'lucky draw' fraud
KUALA TERENGGANU: Police in Terengganu have opened 12 investigation papers (IPs) over alleged phishing in a lucky draw contest. Kuala Terengganu OCPD Asst Comm Azli Mohd Noor said the IPs were to investigate 12 reports received in the district since January involving losses totalling RM259,103.57. He said the latest report was received on Sunday (June 1) from a 52-year-old teacher who lost RM5,499, believed to be after she clicked on a lucky draw link on Facebook. "The victim lodged a police report after finding her money in two bank accounts missing when she checked with her banks. "Another report was also lodged yesterday by a trader, also 52. She lost RM14,110 in three bank accounts after clicking on a link on a social media site," he said in a statement on Monday (June 2). ACP Azli reminded the public to be vigilant of such scams and not to be easily influenced by the lure of quick profits or gains. He said anyone with information regarding a fraud syndicate should contact the nearest police station or the CCID Scam Response Centre at 03-26101559. – Bernama Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Barnama
24-05-2025
- Business
- Barnama
Financial Analyst Deceived Into Investing In Non-Existent Scheme, Loses Nearly RM150,000
KUALA TERENGGANU, May 24 (Bernama) -- A financial analyst was left devastated after losing his savings of RM147,350 to a fraudulent investment syndicate operating through a non-existent scheme. Kuala Terengganu police chief ACP Azli Mohd Noor said it in February when the 42-year-old victim came across a stock investment advertisement on the social media platform Instagram. He said the victim clicked on the advertisement link and was subsequently invited to join a WhatsApp group comprising 125 members who actively discussed stock market trends. "One of the group members claimed to be an employee of a securities and investment company based in China. The suspect persuaded the victim to invest using a platform called HTGIC, but required him to transfer money to several company accounts beforehand as part of the stock trading process. "The suspect assured the victim that he would be able to monitor all transaction records through the platform and freely manage the funds for stock purchases and sales," Azli said in a statement today. Azli said the victim had made 13 money transfers amounting to RM147,350 to five different bank accounts as part of the so-called investment. He said that in addition to using his savings, the victim had also borrowed money from his mother and used company funds to invest in the fraudulent scheme. "The victim lodged a police report at 7.36 pm yesterday after failing to see any returns from the investment to date. The case is being investigated under Section 420 of the Penal Code for cheating," he added. -- BERNAMA
The Sun
24-05-2025
- Business
- The Sun
Financial analyst deceived into investing in non-existent scheme
KUALA TERENGGANU: A financial analyst was left devastated after losing his savings of RM147,350 to a fraudulent investment syndicate operating through a non-existent scheme. Kuala Terengganu police chief ACP Azli Mohd Noor said it in February when the 42-year-old victim came across a stock investment advertisement on the social media platform Instagram. He said the victim clicked on the advertisement link and was subsequently invited to join a WhatsApp group comprising 125 members who actively discussed stock market trends. 'One of the group members claimed to be an employee of a securities and investment company based in China. The suspect persuaded the victim to invest using a platform called HTGIC, but required him to transfer money to several company accounts beforehand as part of the stock trading process. 'The suspect assured the victim that he would be able to monitor all transaction records through the platform and freely manage the funds for stock purchases and sales,' Azli said in a statement today. Azli said the victim had made 13 money transfers amounting to RM147,350 to five different bank accounts as part of the so-called investment. He said that in addition to using his savings, the victim had also borrowed money from his mother and used company funds to invest in the fraudulent scheme. 'The victim lodged a police report at 7.36 pm yesterday after failing to see any returns from the investment to date. The case is being investigated under Section 420 of the Penal Code for cheating,' he added.
The Sun
24-05-2025
- Business
- The Sun
Financial analyst deceived into investing in non-existent scheme, loses nearly RM150,000
KUALA TERENGGANU: A financial analyst was left devastated after losing his savings of RM147,350 to a fraudulent investment syndicate operating through a non-existent scheme. Kuala Terengganu police chief ACP Azli Mohd Noor said it in February when the 42-year-old victim came across a stock investment advertisement on the social media platform Instagram. He said the victim clicked on the advertisement link and was subsequently invited to join a WhatsApp group comprising 125 members who actively discussed stock market trends. 'One of the group members claimed to be an employee of a securities and investment company based in China. The suspect persuaded the victim to invest using a platform called HTGIC, but required him to transfer money to several company accounts beforehand as part of the stock trading process. 'The suspect assured the victim that he would be able to monitor all transaction records through the platform and freely manage the funds for stock purchases and sales,' Azli said in a statement today. Azli said the victim had made 13 money transfers amounting to RM147,350 to five different bank accounts as part of the so-called investment. He said that in addition to using his savings, the victim had also borrowed money from his mother and used company funds to invest in the fraudulent scheme. 'The victim lodged a police report at 7.36 pm yesterday after failing to see any returns from the investment to date. The case is being investigated under Section 420 of the Penal Code for cheating,' he added.
New Straits Times
24-05-2025
- Business
- New Straits Times
Financial analyst loses nearly RM150,000 to fake investment scheme
KUALA TERENGGANU: A financial analyst lost his savings of RM147,350 to a fraudulent investment syndicate running a non-existent scheme promoted on social media. Kuala Terengganu police chief Assistant Commissioner Azli Mohd Noor said the incident began in February when the 42-year-old victim came across a stock investment advertisement on Instagram. He said the victim clicked on the advertisement link and was subsequently invited to join a WhatsApp group comprising 125 members who actively discussed stock market trends. "One of the group members claimed to be an employee of a securities and investment company based in China. "The suspect persuaded the victim to invest using a platform called HTGIC, but required him to transfer money to several company accounts beforehand as part of the stock trading process. "The suspect assured the victim that he would be able to monitor all transaction records through the platform and freely manage the funds for stock purchases and sales," Azli said in a statement today. Azli said the victim had made 13 money transfers amounting to RM147,350 to five different bank accounts as part of the so-called investment. He said that in addition to using his savings, the victim had also borrowed money from his mother and used company funds to invest in the fraudulent scheme. "The victim lodged a police report at 7.36pm yesterday after failing to see any returns from the investment to date. "The case is being investigated under Section 420 of the Penal Code for cheating," he added. — BERNAMA
