PETALING JAYA: A senior citizen lost RM4mil after being duped by an investment scam on social media.
Selangor police chief Comm Datuk Hussein Omar Khan said the 73-year-old victim joined an investment scheme after seeing its advertisement on social media in November last year.
"She was added to a chat group where the syndicate members promised her returns of up to 10% daily.
"The victim was then told to transfer RM4mil to 10 different bank accounts," he said in a statement on Monday (Feb 24).
He said the victim only realised she was duped when she was instructed to make additional payments to withdraw her profits.
"Be wary of investment offers advertised on social media sites, especially those that offer outrageous returns.
"Those who encounter suspicious investment offers online or any other forms of scams can contact the National Scam Response Centre (NSRC) 997 hotline," he said.
