Septuagenarian loses over RM100,000 in bogus investment scam

By MOHD FARHAAN SHAH

KOTA TINGGI: A septuagenarian here lost more than RM100,000 after falling victim to a year-long bogus Islamic investment scheme promising high returns.

Kota Tinggi OCPD Supt Yusof Othman said the victim, a 73-year-old man, lodged a police report on Thursday (Dec 19) claiming he suffered losses amounting to RM107,296 after being deceived by a syndicate.

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 Investment Scam , Kota Tinggi , Crasping Silver , Facebook Ad , Bogus Scheme , Police Investigation , Section 420 , Vigilance , Scam Awareness , National Scam Response Centre

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