Two retired teachers in Pahang, Malaysia, have fallen victim to separate online scams, losing a combined total of over RM2 million. A 71-year-old man invested in a fake stock scheme on Facebook, losing RM1.8 million. A 60-year-old woman was tricked into a phone scam by an impersonator posing as an insurance agent and lost over RM333,000.
KUANTAN: Two retired teachers have lost more than RM2mil after becoming victims of an online fraud syndicate in November.
The victim initially invested RM10,000. Upon reviewing the app provided by the fraudster, he observed that his account was credited with the promised investment profits. Comm Yahaya said the victim only became aware of the scam when he was prompted to deposit an additional RM2.8mil and encountered repeated failures when trying to withdraw the profits shown on the app.
Comm Yahaya explained that the victim was first informed that someone had made an insurance claim in her name. After denying the claim, she received another call from a person introducing himself as"Sergeant Zaidi".
Online Fraud Investment Scam Phone Scam Cybercrime Malaysia
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