Focus

Pensioner loses over RM4.4 mil to cryptocurrency investment scam

13 Sep 2023 11:50pm
Pensioner loses over RM4.4 mil to cryptocurrency investment scam - For illustration purpose
Pensioner loses over RM4.4 mil to cryptocurrency investment scam - For illustration purpose
A
A
A
KUALA LUMPUR - A government pensioner has parted ways with RM4,417,092 after being duped in a non-existent cryptocurrency investment.

Brickfields District police chief ACP Amihizam Abdul Shukor said the 60-year-old man received a message on the WhatsApp application from an individual using an unidentified number introducing himself as a cryptocurrency investment agent from Singapore.

"The victim was directed to register on a website and was promised a five to 10 per cent return of the capital amount, but the investment period was not specified.

"Attracted by the offer, beginning July 18 until Sept 6, the victim made 90 transactions in stages to three separate accounts provided (by the suspect),” he said in a statement, today.

Amihizam said the victim lodged a report at the Commercial Crime Investigation Department of the Brickfields District Police Headquarters today after he failed to access the website and contact the suspect. The victim has not received the promised return, he added.
Related Articles:


The case is being investigated under Section 420 of the Penal Code. - BERNAMA

pensioner
scam
cryptocurrency
investment
More Like This
Ustaz Wan's efforts paid off as his students frequently succeeded in competitions, including at the district level. - Photo by Bernama
Ustaz Wan's efforts paid off as his students frequently succeeded in competitions, including at the district level. - Photo by Bernama
National Ustaz Wan gets ball rolling by building bowling lane for students
Ustaz Wan's efforts paid off as his students frequently succeeded in competitions, including at the district level.
Photo for illustration purposes only. - 123RF
Photo for illustration purposes only. - 123RF
National Could increase in medical negligence cases have impact on health tourism in Malaysia? Medical experts share insights
By WAN AHMAD ATARMIZI
04 May 2024 03:00pm
SHAH ALAM - Growing concerns about medical negligence in Malaysia has raised questions about its impact on the country's medical tourism industry, with medical experts noting a worrisome increasing trend on the matter. Universiti Kebangsaan Malaysia (UKM) Public Health Medicine Specialist...
Fire and Rescue Department extricating the two victims from the scene. Photo by Bernama
Fire and Rescue Department extricating the two victims from the scene. Photo by Bernama
National Plane crash: Pilot, trainee identified
Shahrul is suspected of having a broken right leg while Ho has swelling on the right side of her face.
Amidst concerns over recent medical negligence cases, a medical expert warns of potential repercussions for Malaysia's medical tourism industry, citing perception that the MHTC are prioritising financial gains and customer acquisition.
Amidst concerns over recent medical negligence cases, a medical expert warns of potential repercussions for Malaysia's medical tourism industry, citing perception that the MHTC are prioritising financial gains and customer acquisition.
National MHTC's target predominantly focuses on financial gains, customer acquisition - Medical expert
By WAN AHMAD ATARMIZI
04 May 2024 02:00pm
Amidst concerns over medical negligence, it is crucial to recognise the legal and quality standards that hospitals must adhere to.