Pahang: A 72-year-old woman lost over RM2.6 million to a fake gold investment scheme she joined through social media last year.
According to BERNAMA News Agency, Pahang police chief Datuk Seri Yahaya Othman reported that the woman was introduced to the scheme on Facebook by a suspect on February 20, 2024. She was subsequently added to a WhatsApp group named ‘xauusd Kelas Pertengahan Elit Malaysia 3’, where she received training on gold investment and was instructed to use three different apps.
The woman made 60 transactions, transferring over RM2.6 million to two bank accounts provided by the suspect between April 18 and December 9, 2024. She realized she had been scammed when the apps became inaccessible and she did not receive the promised returns.
The funds she lost were sourced from personal savings, her late husband’s money, the sale of her house, and a loan from her child living abroad. She has since filed a police report at the Temerloh District Police Headquarters. The case is being investigated under Section 420 of the Penal Code for cheating.