Loss RM1 million of forex trades

Shah Alam 11/07/2017: Fifteen individuals indicted more than RM1 million in losses after whitewashing in a company that offered foreign exchange trading schemes to busy people including business experts.

The company advocated some luxurious events at the hotel and at the same time delivered lectures and introduced glorious sowers to cause those present to be deceived by the promised offer.

He also professor of trade, Kholijah Kasim, 48, said he was losing RM76,000 after following the speech at the hotel around the airport and Ampang November and December 2015.

"I whitewashed for sure that the company is masterminded by a Datuk and has many subsidiary companies including property and hospitality.

"At the same time, the terbabit company also brought along the victorious individual he caused me to be affected. I was promised a monthly rebate but only received RM5,000.

"He was paid after I urged the best friendship to pay off the promised," he told Ms. Shah Alam Regional Officer (IPD) here, kelmarin.

According to Kholijah, this is the second time he and several other sovereigns have made a policy report aimed at urging the ruling party to do something to stop Datuk terbabit.

One more prey, Burhanudin Hiking, 46, whose RM54,000 loss involves policing a maltreated individual who still fails to provide the promised delivery.

"We found they are now actively looking for new sowing in Kelantan, although the problem with existing wholesalers has not been resolved," he said.

Meanwhile, Shah Alam Regional Police Chief Assistant Commissioner Shafien Mamat endorsed receiving the report regarding the issue and the running procedure.