Malaysia

Elderly man loses over RM700,000 in online investment scam

Victim targeted through WhatsApp by fictitious high-return scheme

Updated 11 months ago · Published on 13 Nov 2025 6:32PM

Elderly man loses over RM700,000 in online investment scam
The victim finds a purported profit of RM5.7 million in his investment account - November 13, 2025

A FORMER bus driver from Singapore lost more than RM736,000 after falling victim to an online investment scam promising lucrative returns, police reported

The victim was contacted via WhatsApp by an unknown individual claiming to be an investment agent offering high profits. He was instructed to open an investment account through a website provided by the scammer.

Between 8 September and 6 November, the elderly man-made payments into five different accounts, totalling RM736,526.

“Initially, the victim saw a purported profit of RM5.7 million in his investment account. However, he was then asked to make further payments to withdraw the funds, which he refused,” said Kluang District Police Chief, Assistant Commissioner Bahrin Mohd Noh.

The victim realised he had been deceived when no money was released, prompting him to lodge a police report at the Kluang District Police Headquarters.

Investigations are being conducted under Section 420 of the Penal Code, which carries a maximum penalty of 10 years’ imprisonment, whipping, and a fine upon conviction.

Bahrin urged the public with any information to contact their nearest police station or the Kluang District Police Headquarters via 07-7784222, 07-7784256, or 014-365682. - November 13, 2025

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