The 60-year-old received a message from an individual who introduced himself as a cryptocurrency investment agent from Singapore.
KUALA LUMPUR: A government pensioner parted ways with RM4,417,092 after being duped into a non-existent cryptocurrency investment.
Brickfields District Police Chief ACP Amihizam Abdul Shukor said the 60-year-old man received a message on the WhatsApp app from an individual using an unidentified number and introducing himself as a cryptocurrency investment agent from Singapore. .
โThe victim was ordered to register on a website and was promised a return of five to 10 percent of the principal amount, but the investment period was not specified.
"Attracted by the offer, from July 18 to September 6, the victim made 90 transactions in stages in three separate accounts provided (by the suspect)," he said in a statement today.
Amihizam said the victim lodged a report with the Brickfields District Police Headquarters Commercial Crime Investigation Department today after he was unable to access the website or contact the suspect. The victim has not received the promised refund, she added.
The case is being investigated under article 420 of the Penal Code. - Bernama
