RM1.2 mil gone: Victim falls for fake investment ad on Facebook

A HEALTHCARE worker suffered losses of over RM1.2 mil after falling victim to a non-existent online investment scam recently.

Seberang Perai Utara District Police Chief ACP Anuar Abdul Rahman said the Commercial Crime Investigation Division received a report from the 58-year-old victim last Friday.

“The victim claimed to have been deceived by the online investment scam after seeing an advertisement for the investment on the social media platform Facebook at 10 a.m. on 20 December.” he said in a statement.

According to Anuar, the victim who was interested in joining the investment package being offered, made several money transfers into seven different bank accounts, having been promised returns of between 500 to 800 per cent of the invested capital.

However, he said the victim has yet to receive any returns on the investment and subsequently lodged a police report regarding the matter.

Police are currently investigating the case under Section 420 of the Penal Code, which pertains to fraud.—Apr 9, 2025

Main image: Avast

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