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flag Malaysian police investigate a Datuk-linked stock fraud scheme, with over RM1.3 million lost.

flag Police in Malaysia are investigating a stock investment fraud scheme linked to an individual titled 'Datuk,' resulting in losses of about RM638,205. flag The Bukit Aman Commercial Crime Investigation Department (CCID) received 32 reports related to this scheme, with total losses exceeding RM1.3 million. flag The company involved was set up on February 24, 2022, and has 11 shareholders listed as victims. flag The investigation is ongoing for fraud under the Penal Code.

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