KUANTAN: A trader lost about RM500,000 after falling victim to a business scam promoted on social media. He said the victim was told to bear the upfront costs in return for a 30% commission. “Using his EPF savings and personal funds, the man made ­several payments exceeding RM500,000. “He initially received RM8,300 in profits, which convinced him to continue,” Comm Yahaya said in a statement. When no additional profits were forthcoming and he was asked to put in more money, the trader realised he had been deceived and lodged a police report in Bentong.

Source: The Star December 22, 2025 06:00 UTC