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Tangkak man loses RM10,500 in online investment scam

A civil servant in Tangkak was cheated of RM10,500 after being lured into a fake Khazanah Nasional investment scheme on Telegram.

TANGKAK: A 50-year-old man has lost RM10,500 to an online investment scam syndicate promising high returns.

Tangkak police chief Supt Roslan Mohd Talib said the civil servant was added to a Telegram group by an unknown individual on Wednesday.

The victim was deceived by a scheme falsely using the name of Khazanah Nasional Berhad.

He proceeded to make three transactions, transferring money into two different accounts after being promised quick returns and capital repayment.

The victim realised he had been cheated after making the transactions on Wednesday and Thursday.

He subsequently lodged a police report, and the case is being investigated under Section 420 of the Penal Code.

Police urge the public to remain vigilant against investment schemes offering high profits with minimal effort.

“Police urge the public to remain vigilant and not be easily swayed by investment schemes offering high profits with minimal effort in a short timeframe,” said Roslan. – Bernama

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