Teacher loses RM130,000 after investing in non-existent online investment scheme

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KUANTAN: The lure of easy pickings and greed seems to have no boundaries as even learned teachers are dragged into ‘get reach quickly’ scams. A female...

: The lure of easy pickings and greed seems to have no boundaries as even learned teachers are dragged into ‘get reach quickly’ scams.

Pahang Police Chief Datuk Seri Yahaya Othman said the 28-year-old victim was initially interested in joining an investment scheme that promised high returns on Facebook on July 26. “With the initial profits, the victim began to trust and invested up to RM109,817 by making 22 transactions to 11 different accounts provided by the suspect. The suspect then asked the victim to pay RM20,000 to redeem a profit of USD 22,000 from the investment,“ he said in a statement today.

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