Trader loses RM190,800 after being scammed in foreign exchange transaction SIBU: An elderly trader in his 60s suffered a loss of RM190,800 after falling victim to a non-existent online currency exchange scam. Sibu District Police Chief ACP Azari Miskon said the incident is believed to have started last month when the victim’s son, who works in Papua New Guinea, asked him to make payments to several local bank accounts, supposedly for the purpose of exchanging Malaysian Ringgit for Hong Kong Dollars. “The complainant’s son told us that he had met an individual known as ‘David’ via WhatsApp and was offering a currency exchange that would yield huge profits, which was […]

Trader loses RM190,800 after being scammed in foreign exchange transaction #ForexScam #CurrencyExchange #FinancialLiteracy #OnlineScam #InvestmentSafety

Local Government Invests $1.6M in Treasury Bills Amid Interest Rate Increase Government allocates funds to treasury bills to secure revenue during economic downturn.

Madison County Schools is making strategic financial moves, investing $1.6 million in treasury bills to safeguard local revenue amidst rising interest rates.

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#AL #InvestmentSafety #EconomicResilience

Montana Senate Bill 459 mandates divestment from unaccountable investment securities Senate Bill 459 limits investments in unaccountable securities for Montana's board of investments

Montana's Senate Bill 459 aims to revolutionize state investments by ensuring only accountable securities are in play, but will it limit opportunities?

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#MT #CivicEngagement #InvestmentSafety #MontanaInvestments #FiscalAccountability #CitizenPortal

🧵10/12 Protecting Your Funds: The absence of clear, corroborated signals across time frames should be a signal to safeguard your investment. Entering the market without clarity can expose your funds to unnecessary risks. #InvestmentSafety #MarketWisdom