Tech Daily Report

Don't fall for investment schemes on social media, says CCID director

  • 📰 staronline
  • ⏱ Reading Time:
  • 45 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 75%

Courts Crime News

Investment Scams,Social Media,Warning

IN A historic feat, Asia Pacific University of Technology and Innovation (APU) has become the first and only Malaysian university to receive accreditation from the Quality Assurance Agency for Higher Education (QAA) in the UK.

KUALA LUMPUR: Most investment schemes advertised on social media are scams and should not be believed, says Comm Datuk Seri Ramli Mohamed Yoosuf.

The Bukit Aman Commercial Crime Investigation Department director said regardless of the platform, the schemes advertised are typically scams designed to dupe people."If it's too good to be true, it is most likely a scam," he told reporters after the graduation ceremony for police sarjan trainees at the Police Training Centre here on Friday .It was reported that Malaysian mixed doubles shuttler Lai Pei Jing suffered a huge blow when she lost almost all her life savings to a scam.

"They were duped by investment scams. These cases were given more coverage owing to their status as famous athletes," he said."There is no shortcut to getting rich.Comm Ramli said that tactics used by such Investment scam syndicates include portraying abundant wealth to entice victims.Melaka man beats, slashes older brother in dispute over motorcycle

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Suria FM receives prize at Asia-Pacific Broadcasting+ Awards 2024 in SingaporeCHIANG MAI: A college in Chiang Mai unveiled an innovation to mark World No Tobacco Day on Friday (May 31) – a herbal lipstick that can help smokers kick the habit.
Source: staronline - 🏆 4. / 75 Read more »

Commvault welcomes Gareth Russell to new APAC-wide security roleCommvault announces the appointment of Gareth Russell as field chief technology officer, Security for Asia Pacific.
Source: DNewsAsia - 🏆 23. / 51 Read more »