In Johor, retired lecturer loses over RM1m in online investment scam

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Online Investment Scam أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

JOHOR BARU, April 9 ― A retired lecturer from a public university was cheated of more than RM1 million in an online investment scam in Johor recently. Johor police chief M....

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Johor police chief M. Kumar says the victim claimed to have been in contact with an individual on the WhatsApp application after joining an investment scheme known as Gold Futures XAUUSD, which was advertised on Facebook last December. — Picture by Hari AnggaraJOHOR BARU, April 9 ― A retired lecturer from a public university was cheated of more than RM1 million in an online investment scam in Johor recently.

“However, the victim suspected he was deceived after failing to withdraw any profits despite making payments totalling over RM1 million to several accounts,” he said in a statement today.Kumar advised the public to be cautious and not fall for investment offers on social media promising easy and substantial returns.

He said they should check with agencies like Bank Negara Malaysia and the Securities Commission to ensure the investment opportunities were genuine. “In addition, utilise the online ‘Semak Mule’ services to verify the status of bank accounts and suspect phone numbers before making any payments,” he said. ― Bernama

 

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