Abstract：A 54-year-old housewife has fallen victim to an online investment scam after being misled by an advertisement on social media, resulting in a total loss of RM68,242 over 13 separate transactions.
A 54-year-old housewife has fallen victim to an online investment scam after being misled by an advertisement on social media, resulting in a total loss of RM68,242 over 13 separate transactions.
The incident occurred in June when the woman came across an investment advertisement on Facebook, allegedly promoted by a company. Intrigued by the promise of high returns, she reached out to a Malay female agent claiming to represent the company.
According to the agent, the investment scheme was based on Bitcoin exchange rates and promised substantial returns.
Persuaded by the agent‘s assurances, the victim proceeded to invest. Following the agent’s instructions, she transferred funds in 13 separate transactions to 10 different bank accounts, amounting to a total of RM68,242. The funds came from three of the victims personal savings accounts.
However, by mid-July, the woman had yet to receive any returns or reimbursements. Her suspicions grew when the agent continued to request additional payments under various pretexts.
Realizing she may have been deceived, the victim lodged a police report to seek assistance.
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