QuickCheck: Is a fake gold investment scheme being peddled on TikTok?

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Is it true that this victim lost over half a million ringgit to a scammer on Tiktok?

But as Tiktok's audience ages, its content has been getting more serious with many creators now sharing short videos on everything from news to financial advice.According to a statement by Negri Sembilan police chief Deputy Comm Datuk Ahmad Dzaffir Mohd Yussof, a 44-year-old woman lost RM621,800 to a fake gold investment scheme that was being shared on Tiktok.

"The scammers then told her to visit a website and asked that she deposit her 'investments' into several bank accounts.

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