Now Reading
3 sisters run non-existent investment scam and stole RM550K, plead not guilty to charges

3 sisters run non-existent investment scam and stole RM550K, plead not guilty to charges

Anne Dorall

Most people can’t stand living with their siblings, let alone working with them. These sisters are different though, because they love each other enough to start a business together- an investment scam.

via GIPHY

There’s nothing like a family business to keep the household running, so three sisters in Klang have been running a fake investment scam, cheating others out of around RM550,000.

They have swindled 18 victims, selling them a “high return investment scam”. They claim that the investment scheme has no risk of loss and fixed high-interest returns.

via GIPHY

It was only after one of their “investors” was looking to withdraw some of her “earnings” that the victim realized the investment scheme didn’t exist at all.

The victim then made a police report, which led to the arrest of the three sisters.

The three sisters have since been charged with cheating, though all of them are pleading not guilty and claiming trial to all charges. The total bail for all three of them reach RM1.3 million.

via GIPHY

All the best to those who want to do business with their siblings- just make sure it’s not dirty business!

Plus, if someone reaches out to you with an “investment opportunity” that really sounds too good to be true, run far faaaaar away.

View Comments (0)

Leave a Reply

Your email address will not be published.

5 × two =

© 2020 The Rakyat Post. All Rights Reserved.