Manager Loses Over RM156,000 to WhatsApp Investment Scam

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Crime 뉴스

Investment Scam,Whatsapp,Pahang

A Pahang manager lost a significant sum of money after falling victim to a fake investment scheme advertised through a WhatsApp group.

A 56-year-old company manager in Pahang lost RM156,424.73 to a fake investment scheme that promised unrealistic returns. The victim was lured into the scam after being offered an investment opportunity by Clearbridgeleader.com through a WhatsApp group in mid-September. The scheme promised monthly returns of up to 20 percent for an initial investment of RM10,000 in foreign currency trading.

Believing the offer, the victim made 18 transactions to four different bank accounts between September 26 and December 18. The scam was exposed when he was asked to pay an additional RM7,000 to withdraw the purported profits. The funds, said Pahang police chief Datuk Seri Yahaya Othman, came from the victim’s savings and contributions to the Employees Provident Fund (EPF). Yahaya urged the public to exercise caution when considering online investments and to verify their legitimacy to avoid falling prey to such scams

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