Insurance manager loses almost RM700,000 after being duped by fake investment scheme

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The police said the victim claims to have been cheated through a digital currency investment scheme.

Johor police commercial crime chief Asst Comm Amran Md Jusin said a report had been lodged by the 38-year-old female victim in Muar on Tuesday .

“The victim was introduced to the scheme after communicating with an individual she met through Instagram and WhatsApp in the middle of last month,” he said in a statement here Thursday . He said the victim only realised she had been cheated after not receiving any profits promised to her while the suspect could not be contacted.

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