Pahang retiree falls victim to Facebook investment scam, loses over RM478,000 in savings

Investment Scam News

Pahang retiree falls victim to Facebook investment scam, loses over RM478,000 in savings
PahangPolice
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KUANTAN, Oct 25 — A retiree lost over RM478,000 after falling victim to a non-existent investment scheme promoted on social media. Pahang police chief Datuk Seri Yahaya Othman...

Cops to haul up organisers over China flags waved at Teluk Intan event, aide says minister Nga wasn’t there Pahang police chief Datuk Seri Yahaya Othman said the 69-year-old man first expressed interest in the investment advertised on Facebook in July. — Bernama picKUANTAN, Oct 25 — A retiree lost over RM478,000 after falling victim to a non-existent investment scheme promoted on social media.

He explained that the victim was provided a link to download the investment platform, while the suspect offered training via WhatsApp, convincing the senior citizen that he could obtain returns up to 300 per cent of the invested sum.

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