IPOH: A former sales director has lost about RM1.86 million to an online investment scam here.
Perak police chief Datuk Noor Hisam Noordin said that the 50-year old victim was duped into investing after seeing an advertisement on social media.
He said the victim lodged a report on Sept 29 and investigations revealed that the victim called a phone number provided in July 2025.
"The victim later made 23 transactions totalling RM1.86mil into three different bank accounts," he said in a statement on Tuesday (Sept 30).
He said that the victim realised he had been scammed after he could not withdraw his "profits".
He also said that the case is being investigated under Section 420 of the Penal Code for cheating.
"We remind the public not to join any investments offered through unlicensed, unregistered, or unauthorised websites and apps," he said.
