Insurance agent and retiree lose RM2.35mil to online scams

GEORGE TOWN: Two people, including an elderly man, suffered losses totalling RM2.35mil after falling victim to online investment scams in separate incidents in Penang.

State police chief Comm Datuk Hamzah Ahmad said in the first case, the Commercial Crime Investigation division of the Seberang Perai Tengah district police headquarters received a complaint from a 57-year-old local man on Saturday after he lost almost RM1.5mil.