Accountant loses RM2.27 million in share scheme promoted through WhatsApp
Published on: Monday, June 17, 2024
By: Bernama
Johor police chief M Kumar said the syndicate told the victim he had made a profit of RM12.9 million but asked him to pay a commission of RM1.6 million to withdraw the money.
JOHOR BAHRU: An elderly accountant has lost more than RM2.27 million he invested in shares promoted through WhatsApp.
Johor police chief M Kumar said the 75-year-old man lodged a police report yesterday, claiming that he had been taking part in the investment scheme since Dec 19 last year.
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“The WhatsApp messages he received provided information on how to invest and promised good returns within a short time.
“He was told to download an app and registered a bank account to monitor his investments,” Kumar said in a statement today.
He said the syndicate told the victim he had made a profit of RM12.9 million as a result of his investments.
However, the accountant was asked to pay a commission of RM1.6 million before he could access it.
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“The victim refused to pay the commission after suspecting he had been cheated,” Kumar said.
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