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63-Year-Old Elderly Suffered Online Investment Scam on WhatsApp

2024-12-21 BrokersView

63-Year-Old Elderly Suffered Online Investment Scam on WhatsApp

In October this year, the 63-year-old from Malaysia lost her retirement savings due to an investment scam on WhatsApp.

 

Two months ago, the victim met a stranger on WhatsApp who introduced her to an investment opportunity that appeared to be good. Within less than three months, the woman paid about RM90,000 for it.

 

The friend claimed that the investment opportunity could generate huge profits for her and even double her savings. After listening to the explanation, the victim decided to participate and initiated three transactions totaling RM88,000 to two bank accounts designated by the scammer.

 

Although the investment website showed that her account was successfully making a profit, the scammer did not intend to let her withdraw her money, but instead asked the victim to pay additional fees.

 

Eventually, the elderly realized that it was an investment scam and chose to report it to the police.

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