A 77-year-old company director in Selangor, Malaysia, lost RM2.1 million to a non-existent investment scheme on a registered cryptocurrency exchange platform after being lured by an advertisement on Facebook. The victim made 26 cash transactions into 11 different accounts, but received no returns and was even told to pay taxes to withdraw profits. He lodged a police report in Kajang, and the case is being investigated.
Selangor police chief Datuk Hussein Omar Khan said the 77-year-old man was attracted to the offer that was related to cryptocurrency investment when he saw an advertisement on Facebook last August. — Reuters file picas a first-time user . Exclusively for Malay Mail readers: Use codeSHAH ALAM, Feb 5 — A company director lost RM2.1 million after falling victim to a non-existent investment scheme on a registered cryptocurrency exchange platform.
“The victim contacted the suspect via WhatsApp to join the investment scheme and registered through a link given to him. Hussein said that despite making the transactions, the victim did not receive any of the promised returns and was even told by the suspect to pay taxes amounting to RM1.2 million to withdraw the profits from the platform.
SCAM CRYPTOCURRENCY INVESTMENT SOCIAL MEDIA BANK NEGARA MALAYSIA
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