“The victim then made a payment of RM1,000 as an initial capital before gradually increasing the investment to RM132,407 between May 3 and 11,” he said. theSun thesundaily retiree cryptocurrency investment scam
: A retiree of a private company lost RM132,407 after being duped into a cryptocurrency investment that promised lucrative returns within six hours of joining the scheme.
Alor Gajah district police chief Supt Arshad Abu said the 57-year-old victim came across the advertisement while browsing Facebook at his home in Alor Gajah on May 2. “The victim then made a payment of RM1,000 as an initial capital before gradually increasing the investment to RM132,407 between May 3 and 11.
“However, the victim realised he had been cheated and lodged a police report on May 16. The case is being investigated under Section 420 of the Penal Code for cheating,” he said in a statement here today. He also advised the public to be wary of online investment scheme offers and to report to the National Scam Response Centre at 997 to block money that has been handed over to fraud syndicates. -
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cops: Retiree loses over RM132,000 in crypto investment scam in MelakaMELAKA, May 18 ― A retiree of a private company lost RM132,407 after being duped into a cryptocurrency investment that promised lucrative returns within six hours of joining...
Read more »
Retiree finds joy in pursuing her passion in artRetirement gave Maria Chong Abdullah the time and opportunity to pursue her passion in art which, she says, has filled her days with happiness.
Read more »
Johor businessman loses nearly RM60,000 to bogus loan offerJOHOR BARU: A 28-year-old man wanting to get a loan ended up losing more than RM50,000 after allegedly being duped by a bogus financial offer.
Read more »
Pembantu kedai didenda RM5,000 miliki gambar, video lucahPadah memiliki gambar dan video lucah di dalam telefon bimbit, seorang pembantu kedai didenda RM5,000 oleh Mahkamah Majistret di sini hari ini.
Read more »
Fishmonger fined RM9,000 for offensive post on Johor sultanNor Fadzelli Nor Asmadi will have to serve seven months in jail if he fails to pay up.
Read more »
Lottery store owner wins RM194,000 as customer rejects mistakenly printed numbersWHEN betting on the lottery, it could be just your luck of the draw and you may hit the jackpot or, hopefully, earn small winnings, even if the ticket...
Read more »