He told his friends that he had made money trading in Bitcoin, a cryptocurrency, and even guaranteed them fixed returns if they invested through him. In reality, he planned to buy items in online games such as Counter-Strike: Global Offensive and sell them for a profit. — Image by kjpargeter on Freepik
SINGAPORE: A youth cheated seven of his friends of more than S$330,000 in an investment scam, claiming that he would help them invest in the foreign exchange and cryptocurrency markets.
He started cheating his victims when he was just 16 years old and spent their money on things such as online game items instead of investing it.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
