PETALING JAYA: A senior citizen lost over RM4 million to an investment scam, which started with her seeing an advertisement on Facebook and then being added to a WhatsApp group.
Shah Alam police chief Iqbal Ibrahim said the 63-year-old retiree first saw the advertisement in mid-March. After being added to the WhatsApp group, she was asked to open a Foreign Direct Investment Hub account for investment purposes.“The victim was lured by promises of high returns of 11% to 13% and continuous profit growth as long as she invested more money,” Iqbal said in a statement.
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