Malaysia

Retired accountant loses RM138,180 to non-existent online investment scheme in Pasir Gudang

A 60-year-old accountant suffers losses exceeding RM138,000 after being deceived into transferring her savings to a fraudulent online investment scheme promising high and rapid returns

Updated 9 months ago · Published on 01 Jan 2026 11:03AM

Retired accountant loses RM138,180 to non-existent online investment scheme in Pasir Gudang
The victim was later also instructed to make additional payments in order to claim the supposed profits that had been generated - January 1, 2026

A WOMAN accountant in Pasir Gudang has lost RM138,180 after falling victim to a non-existent online investment scheme that promised lucrative returns within a short period.

Seri Alam district police chief Assistant Commissioner Mohd Sohaimi Ishak said the 60-year-old victim was enticed by an offer guaranteeing a 20 per cent return on investment in a short timeframe.

“The victim, who was attracted by the promise of high returns, subsequently carried out payment transactions from 15 December to 22 December to two bank accounts,” he said in a statement today.

He said the victim was later instructed to make additional payments in order to claim the supposed profits that had been generated.

“The victim later realised she had been deceived as she did not receive any profits throughout the investment period and subsequently lodged a police report,” he added.

Mohd Sohaimi said further investigations are under way and the case is being investigated under Section 420 of the Penal Code for cheating. - January 1, 2026

Spotlight

Malaysia

JPJ temporarily suspends VTA and registration for Chery Omoda 5

Malaysia

Eligibility for PTPTN repayment deferment to be verified with LHDN

Malaysia

Budget allocates two rounds of cash aid to millions of Malaysians in 70th Merdeka year

Malaysia

No Malaysians killed or injured in Riyadh airport attack, says Wisma Putra

Malaysia

JAIS probes viral religious ritual footage, says AI manipulation not ruled out

Malaysia

10-tonne truck ploughs into 11 vehicles: Police probe possible brake failure

World

Trump weighs joining Saudi strikes after deadly Houthi attack on Riyadh airport

You may be interested

Malaysia

Retiree, salesman lose more than RM112k in separate online scams

Malaysia

Indonesia deploys 60,000 personnel to contain fires as haze threat persists

Malaysia

Selangor records moderate air quality, Johor extends school closures as haze persists

Malaysia

RM5b allocation for internet connectivity targeting Orang Asli villages

Malaysia

Used-car buyers lose RM25k after paying fake middlemen in Miri

Malaysia

Unhealthy air spreads across 15 locations

Malaysia

PAS Senator comes forward in defence of Eric See-To

Malaysia

Man loses RM12.47 million; cryptocurrency assets vanish