Pontian man loses RM1.15mil in fraudulent investment scheme


PONTIAN: A 52-year-old man has lost RM1.15mil after falling victim to an online investment scam.

Pontian police chief Supt Hadzrat Hussein Mion Hussain said the victim lodged a report from the 52-year-old man on Thursday (Oct 1)/

Preliminary investigations revealed he got to know a woman via WhatsApp in early January.

He said the woman, who introduced herself as 'Farini', offered an investment scheme with returns of up to 15%.

"The victim made an initial transaction of RM5,000 on Feb 8 to a bank account provided as a trial and subsequently received RM5,877.65, which was said to be the profit.

"Convinced by the investment, the victim made several more transactions to several bank accounts until March 26, 2026, involving a total of RM1,151,621.96," he said in a statement on Friday (Oct 2).

Supt Hadzrat Hussein said the victim only realised he had been duped when he was asked to make an additional payment to enable him to withdraw investment profits.

He said the case is being investigated under Section 420 of the Penal Code. – Bernama

 

 

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Investment Scam , Penal Code , Cheating , Pontian

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