A 67-year-old housewife lost RM160,000 in a non-existent investment scheme after seeing a YouTube ad. Promised lucrative returns, she transferred the amount in three transactions.
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Housewife Loses RM160,000 in Investment Scam
The scam was exposed when the suspect demanded RM500,000 to redeem profits. Separately, a 57-year-old housewife was hypnotized by three unknown women and lost RM137,500. Both victims lodged reports at Kuantan district police headquarters. The cases are under Section 420 of the Penal Code for fraud.
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