Woman, 72, loses over RM2.6mil in fake gold investment scam


KUANTAN: A 72-year-old woman lost over RM2.6mil to a fake gold investment scheme she joined through social media last year.

Pahang police chief Datuk Seri Yahaya Othman said the woman was introduced to the scheme on Facebook by a suspect on Feb 20, 2024.

She was later added to a WhatsApp group called ‘xauusd Kelas Pertengahan Elit Malaysia 3’, where she received training on gold investment and was instructed to use three different apps.

"She made 60 transactions, transferring over RM2.6mil to two bank accounts provided by the suspect between April 18 and Dec 9, 2024,” he said in a statement today, adding that the victim realised she had been scammed when the apps became inaccessible and she never received the promised returns.

The funds came from personal savings, her late husband’s money, the sale of her house, and a loan from her child living abroad.

The woman filed a police report at the Temerloh District Police Headquarters yesterday.

The case is being investigated under Section 420 of the Penal Code for cheating. - Bernama

 

 

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Lodge police report if houses of worship built illegally, says Selangor MB
Rafizi brushes off allegations in report lodged by NGOs
Azam Baki issues letter of demand to Bloomberg
Feb 17 set for new moon sighting for Ramadan
Melaka cops to monitor 17 congestion, accident-prone areas for CNY
Autogate system running smoothly at Penang Airport
26 undocumented workers nabbed in Ops Bersepadu in Muar
Two men nabbed for keeping sun bear cub, fangs�
MACC confirms report lodged over alleged misappropriation involving RM1.1bil investment
Court dismisses Bangladeshi's appeal to recover RM723,000 forfeited to govt

Others Also Read