Nation

Retiree loses RM730,000 to investment scam

KUANTAN: A 65-year-old retiree lost a total of RM730,000 after being duped into investing in a non-existent online investment scheme.

Pahang Police chief Datuk Seri Yahaya Othman said the woman was interested in joining the investment scheme offered via the Instagram application, which promised a 20% profit.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Pahang , Police , Cheat , Retiree , Investment , Non-Existent , Online ,

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