ALOR GAJAH: A 29-year-old lab assistant reported losing over RM120,000 in a cryptocurrency investment scam in 2020.
Alor Gajah OCPD Superintendent Arshad Abu said the hoax came to light when the woman recently filed a report after falling victim to the investment scam in 2020 when she was 26 years old.
โThe victim became friends with the scammer through Facebook in 2020 before meeting him in person,โ he said on Sunday (July 9).
Superintendent Arshad said that the victim deposited the money in one of a friend's bank account on November 19, 2020, adding that he deposited it in two banks in Masjid Tanah and Alor Gajah on the same day.
He said that the victim was promised a monthly payment of RM4,038 for a long-term period with his initial investment.
"However, the victim only received RM12,114 for three months between late 2020 and early 2021 before he decided to file a report, a few days ago," he said.
Separately, Superintendent Arshad said a 46-year-old planter and his wife lost RM285,000 in a non-existent investment scam.
He said the planter filed a police report here on Thursday (July 6).
Superintendent Arshad said the couple had befriended a woman named "Annie" after seeing her ad on Facebook, which promised lucrative earnings.
It added that the victims discovered that they were tricked into not being able to log into the website provided by the person after the investment was made in April this year.
Both reports are being investigated under Section 420 of the Penal Code.
