RM695,000 lost to online investment scam in Tangkak

RM695,000 lost to online investment scam in Tangkak

TANGKAK: A 60-year-old woman lost RM695,375 after falling victim to an online investment scam that was impersonating a global investment management firm.

Tangkak OCPD Supt Roslan Mohd Talib said the victim came across the offer on Facebook and contacted the suspect via WhatsApp.

She was instructed to download an app via a link sent by the suspect.

“Lured by promises of 100% returns, the victim made 16 transfers to four mule accounts between July 2 and Aug 13,” he said in a statement on Thursday (Aug 14).

The victim lodged a police report on Thursday after realising she had been scammed, with the case now being investigated under Section 420 of the Penal Code for cheating. – Bernama

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