Retiree Loses Over RM530,000 To Facebook Investment Scam
JOHOR BAHRU, June 20 (Bernama) – A private sector retiree lost RM535,766 after allegedly falling victim to an online investment scam promoted via an advertisement on the Facebook application.
Seri Alam District Police chief ACP Mohd Sohaimi Ishak said the police received a report from a 57-year-old local man on Tuesday, who claimed losses exceeding RM500,000.
He said the victim had come across a share investment advertisement on Facebook on March 13 that promised lucrative returns within a short time, and clicked on the provided link out of interest.
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