Malaysia

Paediatrician in Johor loses RM270,000 in elaborate online stock investment scam

The doctor receives a message via WhatsApp offering high-return stock investments and was persuaded to download an application called “WLS.”

Updated 3 months ago · Published on 06 Apr 2026 1:26PM

Paediatrician in Johor loses RM270,000 in elaborate online stock investment scam
The scheme unravelled when the doctor attempted to withdraw supposed profits and was told to pay additional fees described as “closure charges” - April 6, 2026

A 40-YEAR-OLD paediatrician at a government hospital in Johor Bahru has been left out of pocket by RM270,000 after falling victim to a sophisticated online stock investment fraud, local police confirmed.

The victim, a male medical professional, reported the scam to the Johor Bahru Selatan District Police to which Assistant Commissioner Raub Selamat said the ordeal began when the doctor received a message via WhatsApp offering high-return stock investments and was persuaded to download an application called “WLS.”

“The victim was then instructed by the suspect to make several fund transfers to different accounts purportedly for investment purposes,” Raub explained.

“Between October 21, 2025, and December 1, 2025, the victim made eight separate transactions totalling RM270,000.”

The scheme unravelled when the doctor attempted to withdraw supposed profits and was told to pay additional fees described as “closure charges.”

Growing suspicious, he realised he had been deceived and promptly filed a police report.

Preliminary investigations indicate that the bank accounts used in the transactions have previous records of fraud and are believed to be linked to an organised online investment scam syndicate.

Police are actively tracing the suspects, examining banking records and telecommunications data.

Raub warned that the syndicate’s tactics are increasingly sophisticated, targeting all segments of society, including professionals.

He urged the public to exercise caution and verify any investment schemes through the official Semak Mule portal to prevent financial losses.

The police also reminded individuals to contact the National Scam Response Centre immediately at 997 if they suspect they have been targeted by a scam.

The case is being investigated under Section 420 of the Penal Code for cheating and dishonesty. - April 6, 2026

Spotlight

Malaysia

PRN Negeri Sembilan: The battlegrounds, big names and three-cornered fights to watch

By Alfian Z.M. Tahir

People

Woman ends up with RM500 over food bill after date with ‘doctor’

Malaysia

Love scam: Twelve China nationals arrested in Ipoh over suspected online call centres

Malaysia

ASLI to field female candidate in Jeram Padang DUN

Community

‘Furry officer’ laid to rest as Kuching traffic police mourn beloved stray cat (video)

By Alfian Z.M. Tahir

Malaysia

Father mauled by crocodile as son watches in horror in Sabah river (UPDATED)

Malaysia

Johor shuts down Forest City Network School premises

Malaysia

Singapore: Chief Justice Sundaresh Menon to retire in Feb 2027, succeeded by Justice Sushil Nair

You may be interested

Malaysia

University student loses over RM56,000 in Telegram 'love scam'

Malaysia

Anwar tasks new Felda chairman with advancing settler welfare and long-term sustainability

Malaysia

Rohingya teen faces death penalty after being charged with newborn baby’s death

Malaysia

PRN Negeri Sembilan: Jalaluddin, Anthony Loke arrive a nomination centre

Malaysia

Malaysia imports more crude oil as domestic demand doubles local production capacity

Malaysia

Cabinet backs compensation orders for road accident victims

Malaysia

ASLI to field female candidate in Jeram Padang DUN

Malaysia

Moderate 5.4-magnitude earthquake strikes Sulawesi Sea, no tsunami threat reported