Negeri Sembilan Housewife Lost RM476,100 To Investment Scam

An elderly housewife has lost RM476,100 after falling victim to an investment scam.

According to BERNAMA, the Port Dickson district police chief, Supt. Aidi Sham Mohamed reported that the 60-year-old woman claimed to have received a message from an unidentified Facebook page offering a free financial management book along with a WhatsApp link.

negeri sembilan housewife lost rm476,100 to investment scamPhoto via EZChargeback

In a statement, Aidi said that from 1 November to 17 November, the woman has made 17 transactions totaling RM476,100 to two bank accounts using her own savings accounts, her children’s savings and a loan from a friend.

The victim then later discovered that her account had been blocked when she attempted to withdraw money from the accrued interest. 

She reported the incident to the police on Monday (21 November) after realizing that she had been scammed.

This year, Bursa Malaysia has urged the public to remain vigilant given the increasing number of online investment scams. In a statement, they also reminded the public to only invest with licensed intermediaries!

Stay safe!

By: Aishah Akashah Ahadiat

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