KUALA TERENGGANU: A 63-year-old pensioner lost RM96,000 after falling victim to an online investment scam that promised lucrative returns.
She had come across a Labuan-based investment advertisement on WhatsApp in 2022, said Kuala Terengganu police chief Azli Mohd Noor.
He said the woman, from here, contacted the suspect and invested a total of RM96,000 through 50 transactions to 15 different bank accounts between 2022 and March 14 this year, using her savings and pension funds.
“Throughout the four years of participation, the victim did not receive any returns.
“After growing tired of waiting and realising she had been deceived, she lodged a police report (on Thursday),” he said in a statement yesterday, Bernama reported.
The case is being investigated under Section 420 of the Penal Code for cheating.
