RM64,000 lost to ‘AI investment scheme’

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'I learned about the scheme from a Facebook advertisement and out of curiosity, I clicked on it and it led me to download an app.'

The 61-year-old, known only as Tan, said she thought she was being clever by taking a few months to observe the scheme after first coming across it in March.

“I was contacted via WhatsApp by someone who claimed to be an agent, telling me that I could easily earn about RM700 just by signing my attendance in the app daily and observing the situation if I was still hesitant. Tan said strangers trying to allay her concerns also contacted her via WhatsApp, claiming they knew her from the app.“I deposited money from May 23 until July 12, with amounts varying between RM2,000 and RM7,000 each time until this came up to more than RM64,000.

“After I deposited that amount, everything was wiped out from my account in the app, including my personal information and the people who had contacted me. Ng said with many elderly people using social media, they had become easy targets for scam syndicates using new tactics.

 

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