TELUK INTAN: A 73-year-old retiree lost RM132,590 in a bogus foreign exchange (forex) investment scheme, with part of the money coming from the sale of his house.
The victim was lured into the scheme by an acquaintance who promised lucrative returns, prompting him to invest money in stages over about two months.
Hilir Perak district police chief assistant commissioner Chua Kok Lian said the victim lodged a police report on Monday after realising that he had likely fallen victim to the scam.
"Preliminary investigations found that the victim began investing in the scheme on July 4 after being introduced to it by the acquaintance.
