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Palm oil entrepreneur loses nearly RM250,000 to fake investment scheme

A 56-YEAR-OLD palm oil entrepreneur lost nearly RM250,000 after being duped by a syndicate behind a non-existent investment scheme promoted on social media.

  • 56-year-old palm oil entrepreneur loses RM250,000 to fake investment scheme
  • Victim joined Quantsea X scheme through TikTok advertisement
  • Scam exposed when promised returns were not received

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