IPOH: A 67-year-old medical practitioner has lost a total of RM529,200 in a cryptocurrency investment scam and then falling victim to a bogus "fund recovery" service.
Perak police chief Comm Datuk Noor Hisam Nordin said the Ipoh police headquarters received a report on Jan 2 from the victim, who claimed he had been cheated in an investment scam.
"Preliminary investigations found that in September 2025, the victim received a link for an investment via TikTok.
"He believed the claims given and then made several fund transfers totalling RM320,000 into various bank accounts registered under company names.
"However, he was later unable to withdraw any profits," he said in a statement on Saturday (Jan 3).
Comm Noor Hisam said the victim subsequently came across an entity calling itself "International Justice Malaysia" on Facebook, which claimed it could help resolve fraud-related cases.
"The victim contacted a man who claimed to be a lawyer and was instructed to make several payments.
"As a result, the victim suffered further losses amounting to RM209,200, bringing his total losses to RM529,200," he said.
He said the case is being investigated under Section 420 of the Penal Code for cheating.
Comm Noor Hisam advised the public to be more cautious and not to be easily deceived by investment offers or promises to recover losses on social media.
Those with information on scam-related activities are urged to contact the nearest police station or the National Scam Response Centre (NSRC) hotline at 997.
