KUALA TERENGGANU: A 58-year-old government officer lost RM12,017 after he fell victim to a nonexistent foreign currency exchange (forex) investment scheme.
Kuala Terengganu OCPD Asst comm Azli Mohd Noor said that on Dec 10, the victim came across an investment advertisement on Facebook.
He said the victim was interested in the offer and contacted the suspect, who provided details about the investment.
"The victim initially invested RM300 and was promised a return of RM11,000 within two hours.
"The victim later made several payments purportedly to facilitate the release of the investment profits, totalling RM11,771, between Dec 11 and 15,” he said in a statement on Tuesday (Dec 23).
ACP Azli said the victim realised he had been cheated after failing to receive the promised returns and subsequently lodged a police report on Monday (Dec 22).
The case is being investigated under Section 420 of the Penal Code. – Bernama
