Hundreds left broke after alleged Malaysian scammer vanishes with US$25 billion

For more than three years, the numbers on their screens told a convincing story. Steady gains, smooth withdrawals and returns of up to 5 per cent every fortnight. Encouraged by the early outcome, many doubled down, pumping in more of their hard-earned savings into a scheme they thought was the answe
ORIGINAL SOURCE →via South China Morning Post
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · MY
- [CONFLICT] Malaysia’s King says he will choose a new anti-graft chief
- [CONFLICT] Malaysia's king says he will choose next anti-graft agency chief
- [HEALTH] Malaysia’s king to pick ‘best candidate’ to head anti-corruption agency
- [CONFLICT] Elephants adjust what they eat in altered habitats, signaling growing pressure
- [FINANCE] Malaysian fintech Ryt Bank adds pay later to card payments
- [TECH] Fiuu brings Apple Tap to Pay on iPhone to Malaysia