When the victim failed to withdraw his profits, he contacted the suspect and was asked to make a further payment to continue the investment plan but the victim refused, resulting in his account being frozen and made inaccessible. — Designed by Freepik
JOHOR BAHRU: A contractor lost RM688,000 to an online investment scam called DFA after he came across it on Facebook on July 26.
Seri Alam district police chief Supt Mohd Sohaimi Ishak said the man, 50, was interested in the investment scheme and contacted the suspect, who then added him into the investment WhatsApp group, where the victim remained in contact via video calls and were taught to invest and promised up to 410% profits through five investment phases in five months.
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