KUALA TERENGGANU: An elderly man lost more than RM100,000 after falling prey to a foreign exchange (forex) scam.
Kuala Terengganu OCPD Asst Comm Azli Mohd Noor said the 77-year-old joined a forex scheme on May 28 after being coaxed by the sister of a woman he had befriended on Facebook.
In the first week, the victim made an initial investment of RM3,000 and was given a “receipt” as proof that the money had been deposited into his forex account.
“The suspect also sent him a screenshot showing the profit he had made. Excited, the victim continued to make additional investments to the tune of RM69,000.
“The victim tried to withdraw his profits but was instructed to make another payment of RM35,844, claiming that the profits involved money laundering,” ACP Azli said in a statement yesterday, Bernama reported.
The victim, realising he had been deceived, lodged a police report.
