Palm oil entrepreneur loses nearly RM250,000 to fake investment scheme
Photo: The Vibes
The syndicate allegedly enticed the woman with promises of exceptionally high returns within a short period if she joined the investment
From the original report
A 56-YEAR-OLD palm oil entrepreneur lost nearly RM250,000 after being duped by a syndicate behind a non-existent investment scheme promoted on social media.
Tangkak district police chief Superintendent Roslan Mohd Talib said the woman was lured into the scheme after coming across an investment advertisement on TikTok on May 6.
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This is a brief of a report by another newsroom. The excerpt below is from the original.
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About this story
- Source
- The Vibes
- Originally published
- Aug 31, 2026
- Updated here
- Aug 31, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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