Woman loses $1,000 to investment scam on Telegram, police investigating

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A woman fell victim to an investment scam on Telegram, losing $1,000.

Stompershared that she was lured into joining what seemed to be a legitimate gold trading group on Telegram on Aug 12.

"At the same time, they kept promoting an investment plan where for example, one would invest $2,000 and get back $40,000," she said. Melissa decided to put in $1,00 on Oct 7 and was promised a return of $15,000 though she noted that they did not specify what currency she would be paid in. She subsequently contacted Telegram through various channels but was frustrated:"I feel like they are making it hard for people to report scams," she lamented." It seems they are not taking this issue seriously.In response to a Stomp query, the police confirmed a report was lodged and that investigations are ongoing.

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