A housewife fell prey to an online Bitcoin investment scheme that promised lucrative returns and suffered a loss of RM752,398.
He explained that the victim was enticed to join the scheme through a Facebook advertisement in late August by clicking on a link in the advertisement to obtain more information about the investment. “The victim downloaded the ‘UVKXE’ application to monitor her Bitcoin investments and view the profits generated. Attracted by the promising returns, she made 12 transfers to seven different bank accounts, amounting to a total of RM896,813,” he said.
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