Retiree loses RM337,000 to investment scam


KUANTAN: A pensioner lost more than RM337,000 after being duped into a nonexistent investment scheme offering high returns earlier this year.

Pahang police chief Comm Datuk Seri Yahaya Othman said the 61-year-old woman contacted the suspect via WhatsApp after learning about the scheme from Facebook.

She was then instructed to make several financial transactions, he said, adding that the victim made 38 money transfers to 16 different accounts using her savings and pawned jewellery from Jan 30 to March 9.

He said all investment-related matters, including profits, were only communicated to her via WhatsApp without any legitimate investment platform.

"During that period, the victim only received one payment amounting to RM392.11 before being asked to make an additional payment of RM210,500 supposedly as a profit withdrawal charge, which made her suspicious," he said in a statement on Sunday (March 29).

She then lodged a report at Kuantan district police headquarters on Saturday (March 28) and the case is being investigated under Section 420 of the Penal Code for cheating, he added. – Bernama

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