SERENMAN: An elderly person lost RM228,000 after being tricked into investing in a cryptocurrency investment scam that promised lucrative returns.
Nilai police chief Superintendent Abdul Malik Hasim said the victim, aged in his 60s, claimed to have been added to a Telegram group by an individual last October and encouraged to invest in the cryptocurrency through the platform. ACCERX Hong Kong.
โThe victim initially invested RM8,000 and made a profit of RM15,000.
โThe man was then encouraged to increase his total investment to RM228,000 through 13 transactions in nine different accounts,โ he said in a statement today.
He said the victim realized he had been duped when he was unable to withdraw his investment after being told he was involved in money laundering activities and then lodged a police report yesterday.
Abdul Malik said the case is being investigated under Article 420 of the Penal Code. - Bernama
