JOHOR BAHRU: A 58-year-old trader lost RM720,800 after falling victim to an online investment scam linked to a Facebook advertisement.
Seri Alam deputy police chief Supt Victor Genason said the syndicate promised a 50 per cent return within three months, prompting the victim to make 15 transactions totaling RM730,500 to four different bank accounts between March 25 and May 9.
