Terengganu woman loses over RM80,000 in online investment scam

Malay Mail News & blogs · 3 hr ago

Key takeaways

A 63-year-old woman lost RM87,975 in an online investment scam after being promised high returns.

The victim found a Facebook ad for a stock investment scheme.
She sent nine payments via WhatsApp to a suspect offering high returns.
She realized she was scammed after failing to recover her money or contact the suspect.

Summarised automatically by AI from the original article by Malay Mail. AI can make mistakes, so check the original for details.

KUALA TERENGGANU, Oct 19 — A 63-year-old housewife lost RM87,975.04 after being duped by an online investment scam involving a non-existent scheme.

Kuala Terengganu police chief ACP Azli Mohd Noor said the victim came across a stock investment advertisement on Facebook on October 3.

He said the woman was attracted to the scheme and contacted a male suspect via WhatsApp for more information.

“The suspect persuaded the victim to join the scheme by promising lucrative returns of RM25,000 for every RM450 invested.

Read the full story on Malay Mail That's the opening of the story. The full piece is published by Malay Mail.

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